Greece’s Hotel Investment Opportunities to Enter the Spotlight at MR&H Forum
The investment opportunities in Greece’s tourism sector will be explored by some 300 hospitality investors and key market stakeholders attending the Mediterranean Resort & Hotel Real Estate Forum (MR&H), which will take place in Athens at the Divani Apollon Palace & Thalasso, between October 17 and 19.
In its fourth year and organized by Questex Hospitality Group, the MR&H Forum has become established as the only conference in the Mediterranean region that focuses on resorts, hotels and mixed-use developments.
“The purpose of the MR&H is to bring investors, developers, operators and advisors together to debate, discuss and network in a business environment created to nurture new relationships, partnerships and opportunities,” Questex’s sponsorship director, Mark Cheney, said during a press conference in Athens on Wednesday.
According to Cheney, the future for the Greek economy is looking significantly brighter than it has historically.
“The tourism, energy and logistics sectors – already accounting for investment plans worth 22.4 billion euros – are set to create 605,000 new jobs in Greece over the next decade,” Cheney said.
The MR&H event will function as a platform to showcase Greece’s competitive advantages for a range of niche products suitable for investment such as resorts, conference tourism, medical tourism, ports and a large number of projects to be undertaken under the country’s privatization program.
“The high-level MR&H event had to come to our country, so we made a bid for it and brought it to Greece,” said Enterprise Greece Chairman Grigoris Stergioulis.
The official Investment and Trade Promotion Agency of Greece, Enterprise Greece is MR&H’s “Country Patron”.
Stergioulis said that the MR&H event will attract a number of key executives in the industry who are already active in Greece and/or are looking for new partnerships in the country.
“So we look forward to welcoming the event in Athens in October and present the exceptional investment opportunities offered by Greece today,” he said, underlining that the field of tourism investments in Greece has been active lately, following the creation of an attractive framework for new investments in tourism.
“Over the past three years, 350 investment plans for 4-5-star high-capacity units have been licensed and more than 26,000 new high-class beds have been added to the country’s hotel facilities,” he said.
“Activity in Greece’s hotel sector is further strengthening the fact that in the coming years, Greece will make significant investments in the tourism industry making the country an investment hub,” Stergioulis added.
For further information on the upcoming MR&H event in Athens, press here.
GTP Headlines is a media partner of the event.