Ikos Resorts is moving full speed ahead with construction works on the Ikos Andalusia in Spain, its first resort outside Greece, which will open its doors in May 2020.
Foreign acquisitions and investments in a series of sectors, including media and technology, may soon go under the microscope of the European Commission.
Hilton International and Hilton Athens property owner Ionian Hotel Enterprises SA, have agreed to extend their current contract ending on 31 December 2018 by three years.
Revenue and occupancy rates at Athens hotels are holding strong in the third quarter of 2018, with sights now set on the upcoming Athens Marathon next week.
Plans for a major tourism investment on Santorini by the Metaxas Group are still stuck on the drawing board due to a dispute with the island's municipality.
Invel Real Estate Management Ltd and Dolphin Capital Partners have acquired 85.6 percent of the Nikki Beach Resort & Spa Porto Heli in the Peloponnese.
Greece's Piraeus Bank has signed a financing agreement of €40 million with Thomas Cook Hotel Investments, a joint venture between Thomas Cook plc and LMEY Investments.
