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“In 2008 Turkey reduced the VAT charged on tourism services from 18 to eight percent and arrivals increased by 2.8 percent,” ITEP’s director Dionysis Hionis said during the Hellenic Chamber of Hotels media briefing.
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Hotel Chamber Holds Media Briefing

The new development law in reality excludes the modernization of low class hotels, which form the backbone of the hotel industry, President of the Hellenic Chamber of Hotels Yiorgos Tsakiris said last month at a media briefing.
Posted On 01 Oct 2010
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Thessaloniki Hotels Half Full, But More Needed

On the average, hotels in Greece's northern capital, Thessaloniki, during the first eight months of this year posted a occupancy rate of 52%. Hoteliers say they are hardly satisfied with the result, but they say at least they have managed to increase the number of foreign...
Posted On 01 Nov 2000
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Development Minister Nikos Christodoulakis and Hellenic Tourism Organization's general secretary, Evgenios Yiannakopoulos, announce EU-funded measures to boost the competitiveness of small-size and medium-size tourism enterprises.
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Tourist Enterprises Get EU Funding For Modernization

A total of 596.5 billion drachmas will be absorbed by the Greek tourism sector over the next five years with help from the Third EU Structural Fund and corresponding private investment, says Development Minister Nikos Christodoulakis. Much of the funds will aim at bringing these...
Posted On 01 Nov 2000
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Astir Resort
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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...
Posted On 01 Aug 2000
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Athens Hotel Owners Agree To 2004 Room Availability

Athens hoteliers have agreed to set aside 80 percent of the capital's beds to accommodate the Olympic family during the 2004 Games. At a meeting last month with Development Minister Nikos Christodoulakis and Athens 2004 Organizing Committee Chairwoman Yianna...
Posted On 01 Aug 2000
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Except extensive and radical renovations, Athens Chandris Hotel, heretofore becomes the Metropolitan Hotel.
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Athens Chandris Transformation Includes Name Change

Upon completion of its extensive and even radical renovations, at a cost of some five billion drachmas, the Athens Chandris Hotel assumes a new identity. The deluxe cosmopolitan unit heretofore becomes the Metropolitan Hotel. "We at Chandris Hotels and Resorts thought it only...
Posted On 01 Aug 2000
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Stratos Vasilikos, managing director of Airotel.
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Airotel Group Expansion Centers On Quality

Stratos Vasilikos is one of the few in the Greek tourism industry who realized early that quality is the only way to compete and make money. In a step-by-step approach, he practiced what he preached.
Posted On 01 Apr 2000
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The Hellenic Tourism Organization's pavilion proved to be one of the most popular stops for German visitors to ITB tourism fair.
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Greece Stars At ITB 2000

With a pavilion of 800 square meters that hosted some 60 Greek tourism enterprises, Greece stood out as one of the big stars at this year's ITB Berlin tourism fair. According to the 60-plus exhibitors from here, Greece will welcome a record number of German visitors this year.
Posted On 01 Apr 2000
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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...
Posted On 01 Feb 2000
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Billions Promised For Tourism Development

After nine months of difficult negotiations, Greek political leaders and members of the Hellenic Tourism Organization (EOT) managed to get the European Union to promise 153.7 million euros, or about 51 billion drachmas, for Greek tourism projects.
Posted On 01 Feb 2000
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