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Greek Hospitality Sector Welcomes New Hotels

The hospitality sector in Greece this year is welcoming the opening of new hotels in Athens and in different parts of the country.
Posted On 18 Jul 2017

Thessaloniki Port Authority Management Has Big Plans

Transforming Thessaloniki port into a gateway to the Balkans is the priority of a consortium of three companies, which have stepped in as the port’s new managers.

Economy Minister: Greece to See Signs of Growth, More Investments in 2017

The Greek economy will mark the first signs of growth this year and see an increase in investments, according to Economy and Development Minister Dimitris Papadimitriou.

IOBE: Thessaloniki Port Privatization to Bring in €1.6bn in Next Decade

The privatization of the Thessaloniki Port Authority is expected to contribute to GDP growth in Greece by up to 1.6 billion euros by 2026, IOBE think-tank says.
Posted On 22 Jun 2017

Lamda Development Submits Master Plan for Hellinikon Mega Project

Lamda Development, the selected investor for the development of Athens' former airport in Hellinikon, has submitted its master plan to Greece’s assets fund.

Three More Central Athens Hotels in the Pipeline

A tender for the long-term lease of three properties in central Athens is expected to be announced by the Bageios Foundation in the coming months.

PwC: Transport, Tourism & Energy Projects Key for Growth in Greece

Transport infrastructure, upgrading, building and completing key tourism related projects are among the priorities the Greek government must implement to see growth, according to a PwC report.
Posted On 13 Jun 2017

Shanghai – Piraeus Ports Join Forces to Boost Container Traffic

The Piraeus Port Authority and Shanghai International Port Group (SIPG) signed a memorandum of cooperation in efforts to increase business opportunities.

GEK Terna, India’s GMR Clinch Kastelli Airport Project Contract

GEK Terna and India's GMR Airports Limited have tentatively been named contractors for the construction and operation of the Kastelli airport on Crete.

Greek Government Seeks to Upgrade 23 Airports via PPPs

The Greek government aims to prompt public-private partnerships (PPPs) towards the upgrade and modernization of 23 regional airports.

Transport, Tourism, Energy Top China’s Greece Agenda

Chinese business groups have expressed interest in the areas of transport, telecommunications, energy and tourism in Greece.

Lamda Says Ready to Get Hellinikon Works Underway but Still Waiting

Lamda Development is ready to proceed with the next phase of the Hellinikon project to transform Athens’ former airport into a metropolitan park.

Greek PM in China to Bolster Ties, Foster Business Relationships

As part of efforts to strengthen cooperation with China, Greek PM arrived in Beijing on May 12 to participate in the Belt and Road Forum for International Cooperation.

Fosun to Tap into Chinese Travel Interest in Greece with New Vacation Deals

Fosun International is aiming to tap into the estimated 1.5 million Chinese travelers expected to visit Greece, through new vacation packages.

Greece-UAE Ink Maritime Transport Deal

Greek Shipping Minister Panagiotis Kouroublis signed a Memorandum of Cooperation on maritime transport with UAE Minister of State, Dr Sultan Bin Ahmad Al Jaber.

Crete’s Kastelli Airport Project Moves to Next Stage

An infrastructure consortium made up of GMR Airports Limited and GEK Terna placed a bid at 480 million euros for the construction and operation of the new Kastelli airport on Crete.

Fraport Steps in as Manager at 14 Greek Airports

Fraport Greece is taking over the 40-year management of 14 regional airports across Greece and plans to proceed with renovation and construction works.

Caesars Entertainment Considering Athens for Next Project?

Media reports claim that Caesars Entertainment Corporation is interested in building a massive entertainment complex in Hellenikon, south of Athens.

Athens Ledra, La Mirage Hotel Auctions Fruitless

The sales of the Athens Ledra and the La Mirage hotels have yet again been fruitless, despite expressed interest from investment entities in Greece and abroad.

Major Luxury Hotels to Set Up Shop at Athens’ Omonia Square

Properties on and around Athens' central Omonia Square have been slated for renovation or reconstruction in order to re-open as luxury hotels,
Posted On 23 Jan 2017