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Alpha Bank: Greek Tourism to Stimulate Growth by 20% in 2018

Greek tourism is set to play a leading role in the recovery of the Greek economy estimated at boosting the GDP by 20% in 2018, Alpha Bank analysts said.

Greece to Present Advantages of Golden Visa Program to Chinese Investors

Executives of the Hellenic Capital Market Commission and the Athens Stock Exchange will visit Beijing to present the advantages of the golden visa program to Chinese investors.

Athenian Riviera Projects Worth €10bn Pick Up Pace

Already home to some of the country’s finest hotels, recreational and cultural spaces, the Athenian Riviera is set to see impressive growth in the coming years.

Grivalia Announces Plans to Open Super Luxury Hotel in Glyfada, Athens

Grivalia Properties will open a luxury hotel in Athens' seaside district Glyfada that will aim to attract top quality tourism and create direct benefits to both the local society and the wider economy.

Greek Tourism Set to Attract €4.1bn in Investments

A total of €4.1 billion in tourism investments & €3.2 billion in up-coming projects are set to cement the sector as a key driver of the Greek economy. 

Air Links with New Markets Top Kountoura-Fraport Talks

Connecting Greece with new markets was at the center of talks between Tourism Minister Elena Kountoura and Fraport’s CEO Alexander Zinell.

Greeks Invest $2.93bn in Second-hand Ships in 7-month Period

Over the first 7 months of 2017, Greek shipowners invested $2.93 billion on 175 second-hand ships, compared to 153 worth $1.95 billion in 2016.

Strategic Tourism Investment on Crete Worth €408m Gets Green Light

A Greek committee that oversees "strategic investments" has approved a foreign direct investment worth 408 million euros planned for Agios Nikolaos on Crete.

Greece Still Slow to Attract Tourism Investment

Investors seeking to place their money on tourism projects in Greece are becoming all the more reluctant due to time consuming procedures.

SEV: Greece Tourism Infrastructure Needs Upgrade Now

The Greek tourism sector is showing healthy signs of recovery but for growth to continue infrastructure should be upgraded immediately, according to SEV.

SETE: Spatial Planning Key to Making Greece a Competitive Destination

The Greek Tourism Confederation (SETE) is calling for spatial planning framework that will ensure Greece remains a competitive destination in the future. 

NBG Says €6bn Needed for Greece Hotel Sector Growth 

The National Bank of Greece says that a competitive tourism product, new destinations, extended season and investments for upgrades or new hotels are necessary to boost travel revenue by 40%.

Greece’s ‘Golden Visa’ Program Deemed a Success

The Golden Visa program for real estate purchases in Greece has seen 1,725 issued visas to foreign investors in the period 2013 - June 2017.

Tourism Giving Greek Property Market a Boost

The robust performance of Greece's tourism sector is giving the country’s property market a much-needed boost, according to German daily Handelsblatt.

Hellinikon Plans to Include Six Towers, Metropolitan Park

A 7-billion-euro project to develop Hellinikon, Athens' former airport, will include the construction of six 200-meter-tall buildings.

Sector Experts Say Big Break for Greek Tourism Now 

A friendlier investment environment and robust tourism earnings are key to ensuring the sector’s best performance ever, SETE says.

Athens Int’l Airport Bolsters Handling Capacity 

Athens International Airport (AIA) has boosted its handling capacity to 26 million passengers following an ongoing upgrade budgeted at 35 million euros.

Atalanti Hills Tourism Project Gets Long-awaited Ministry Approval 

A stalled 1.3-billion-euro investment by Lokros Real Estate in the Atalanti area has received the approval of the tourism and environment ministries.

NSRF Funds for Greek Tourism SMEs Available in September

Funds of 120 million euros from a new NSRF program for the creation of new tourism SMEs in Greece, will be available as of this September.

Luxury Tourism in Greece Sees 10% Increase

Luxury tourism in Greece has increased by 10 percent while investment in the sector is also seeing growth, according to Tourism Minister Elena Kountoura.