GRECO hotel, an old traditional hotel, was one of the largest old bakeries of the island, that used to supply commercial ships and warships and especially ships that used to collect sponges in the 18th and 19th century with bread for the needs of long journeys.

On Hydra besides the many stores there were also 24 "Public" Bakeries (four publics) initially to supply with bread the russian fleet during its tours in the Aegean sea and later "... and any other fleet, no matter how big it was ...".

The building of the old bakery was restored and converted into a beautiful hospitable hotel with 19 rooms, with all the modern comforts.