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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.
Posted On 07 Aug 2017

Kefalonia Welcomes New Luxury Resort

The new five-star Apollonia Resort & Spa recently opened its doors in Xi, Lixouri, on Kefalonia and claims to be determined to give the region a different perspective and create conditions for quality tourism.

Nafplio To Welcome Kandia’s Castle

This spring the 5-star Kandia's Castle Hotel will be inaugurated on Kandia beach in Nafplio. Designed with a unique architectural style, which combines a castle appearance (handcrafted stone) with the natural environment, Kandia's Castle offers modern and luxurious facilities and...

Europe Still The World’s Convention Continent

Congress and convention specialist, Wolfram D. Svoboda, the head of marketing at the International Congress Center Berlin, said he's very optimistic on the future of congresses as people always will have the demand for personal contacts and personal exchange of thoughts.

Alexander Beach Hotel Opens New Congress Center

The Alexandroupoli area in the East Macedonia and Thrace region is about to get its first professional congress center. The unit, being constructed by the Alexander Beach Hotel, opens in the spring and will host up to 1,280 delegates in four halls. The biggest of the four,...

AKS Adds Another Hotel To Group

AKS Hotels of Cyprus recently added the five-star Annabelle Village on Crete to its stable of hotel units. With the 264 rooms the unit offers, the hotel group now boasts 1,800 rooms in Greece.

Travel Agents Blame Government For Tourism Arrival Decrease

Because government employees can not do their job properly and because government is unable or unwilling to give the proper incentive or education to rectify the matter, Greece loses billions of drachmas in precious tourism foreign exchange, says Yiannis Evangelou, president of...

Porto Carras’s New Owners Renovate And Expand Unit

Plans for an extensive renovation of the Porto Carras complex in Halkidiki, northern Greece, will proceed despite an outstanding legal decision concerning management of the unit's casino. One of the new owners of the complex, Greek construction company Techniki Olympiaki,...

Astir Resort Expects Five Billion From Stock Float

Greece's National Bank, owner of the Astir Hotel Company, has placed the three-hotel group on the Athens Stock Exchange. The initial public offering last month places 14.7 billion drachmas within the group's coffers. This cash will be used mostly to initiate a five-year...

Athenaeum InterContinental Renews Conference Areas

The biggest conference venue within the City of Athens, the ballroom at the Athenaeum InterContinental hotel, is undergoing extensive renovations worth 950 million drachmas.

Star City Project Begins Next Month

Construction on a major league tourism and recreation park in the Athens area gets underway next month. The 18-billion-drachma "Star City" venture covers some 278,000 square meters of beachfront property in the Athens suburb of Glyfada.

Astir Group Up And Running

Astir Palace Resorts at the Athens suburb of Vouliagmenis starts off the new year with grand plans for modernization and expansion. Astir's managing director and general manager, Alexios Kimisis, says the group intends to spend more than 10 billion drachmas in a 5-year plan to...