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State Subsidies Approved For Creation Of New Hotels In Greece

The Greek Development Ministry has given the go-ahead for 100 million euros of state subsidies to be allocated for the development of hotels on popular Greek islands.
Posted On 21 Aug 2014

Major Tourism Resort To Be Built On Ios, Greece

After Kea and Milos, Ios is the third island of the Cyclades in Greece where a major tourism resort will be created.
Posted On 18 Aug 2014

Saudi Billionaire Arrives For Vacation On Crete, Greece

One of the world's most high-profile investors and richest men, Prince Alwaleed bin Talal, arrived in Crete, Greece, on 9 August to spend a week-long vacation in Elounda.
Posted On 09 Aug 2014

Leading Hotel Groups Show Interest In Greece

Leading hotel groups such as the Four Seasons have expressed interest to invest in Greece, according to Greek Tourism Minister Olga Kefalogianni.
Posted On 04 Aug 2014

Greek State Privatization Fund Announces Investors For Afandou Properties On Rhodes

The Hellenic Republic Asset Development Fund (TAIPED) recently announced the highest bidders of the tender for the utilization of two properties in Afandou on Rhodes, Greece.
Posted On 30 Jul 2014

Greek Tourism Investments Threatened By EU Directive

Greece's main tourism body has voiced concern over a European directive that limits subsidies and tax breaks for tourism investments.
Posted On 23 Jul 2014

Cyclades Islands To Receive Funds For New Investments

"Leader" is the name of a new program that will launch in late August or early September and finance new or existing businesses on islands of the Cyclades region in Greece.
Posted On 15 Jul 2014

China Reaffirms Interest To Acquire Majority Stake In Athens Airport

The Association of Chinese Business Groups reaffirmed its interest in acquiring the majority stake in Athens International Airport "Eleftherios Venizelos" in a meeting with Greek Deputy Development Minister Notis Mitarakis on 3 June in the Greek capital.
Posted On 03 Jul 2014

Greek Holiday Property Market To Be Introduced In Sweden

Swedes will soon be fully informed on the Greek real estate sector in terms of tourism properties thanks to a new campaign in the works.
Posted On 02 Jul 2014

Kefalogianni: Big Investments Coming To Greece

The investment department of the Greek Tourism Ministry is currently reviewing a series of major investment proposals, Greek Tourism Minister Olga Kefalogianni said while presenting the new draft bill for tourism to a special parliamentary committee.
Posted On 30 Jun 2014

Reuters Takes A Tour Around Athens’ “Ghost Airport” – photo report

Reuters news agency has published a photo report of photographer Yorgos Karahalis in regards to the current state of Hellinikon, the former international airport of Athens.
Posted On 27 Jun 2014

Lamda Aims To Turn Former Athens Airport Into A Mega Tourism Destination

Lamda Development aims to turn the Greek capital's former airport in Hellinikon, southern Athens, into a world-class tourism destination that will attract an extra one million tourists per year.
Posted On 24 Jun 2014

TUI Will Continue To Invest In Greece

TUI believes in Greece's success, sees new opportunities in the market and therefore intends to boost investments in the country, according to the travel group's director of corporate and external affairs, Thomas Ellerbeck.
Posted On 20 Jun 2014

Real Estate: Mykonos Survived Greek Crisis Due To Jet-Set Image

The international jet-set appeal of Mykonos has helped the island escape some of Greece’s economic woes, according to a recent article in the New York Times referring to the real estate market on the Cycladic island.
Posted On 05 Jun 2014

Halkidiki, Greece, To Welcome Major Hotel Investments

A series of hotel investments are expected to take place in Halkidiki, Greece, which will give the destination great added value, improve its competitiveness and strengthen the local economy and job market.
Posted On 23 May 2014

Oaktree-Sani Luxury Resort Group Adds Second Hotel To Portfolio

A second hotel has been added to the portfolio of the new luxury resort group created by the cooperation of Oaktree Capital Management and Greek group Sani SA.
Posted On 20 May 2014

Nikki Beach Hotels & Resorts To Debut In Greece In Summer 2014

Nikki Beach Hotels & Resorts, a luxury lifestyle hotel management company, will open its newest resort in Porto Heli, Greece, in June 2014.
Posted On 15 May 2014

Emir Of Qatar To Turn Ionian Islet In Greece Into Luxury Resort

The Emir of Qatar Sheikh Hamad bin Khalifa Al Thani is planning a major tourism development project in Greece that will include a five-star hotel, a boutique hotel, two villages, beach bungalows, restaurants, bars, coffee shops, a shopping zone, sports facilities, marinas and a...
Posted On 12 May 2014

Entrepreneurship Support Center Launches In Athens, Greece

The Municipality of Athens has launched a center to support and promote entrepreneurship and boost investments in the Greek capital.
Posted On 07 May 2014

Tourism Minister Invites The Arab World To Invest In Greece

Greece has become an attractive destination for tourism investment after promoting a series of measures such as introducing new tourism products, amending spatial plans, simplifying licensing procedures for tourism businesses and modernizing infrastructure.
Posted On 06 May 2014