The Petasos Beach Hotel & Spa is one of many Mykonos hotels that drowns its visitors in luxury and in traditional Mykonian architecture. The hotel is found on a private island on Psarou Bay. Onsite amenities for the hotel include the Anagenessis Spa. Newly-built, offering revitalizing therapy, as well as cosmetic treatments. There are two onsite restaurants to visit; first the Aegean Charm poolside restaurant and the Odyssey restaurant. There are also four bars, a lounge, a TV room, a conference room, a steam cabin, a large Jacuzzi and a swimming pool. The Petasos Beach Hotel & Spa is located at Platis Yialos in Mykonos, Greece. It is next to the beach and about three kilometers from the airport.

Guests staying at the Petasos Beach Hotel & Spa can look forward to air conditioning, satellite or cable TV, Internet access, a refrigerator, mini bar and laundry services. Some rooms have private pools and very impressive sea views. All rooms have a balcony or terrace.

The Petasos Beach Hotel & Spa, listed as a Small Luxury Hotel of the World property, was last renovated in the year 2002 though it has been in business since the mid-1980s. It offers 82 rooms to travelers.