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Travel & Tourism industry news by Greek Travel Pages (gtp)

Greek Ports Welcome More Cruise Ships in Jan-June 2019

Cruise travel to Greek destinations picked up pace in the first six months of the year driving a 10.1 percent increase in total receipts, according to the Bank of Greece.

Chinese, Turks Top Property Buyers through Greek Golden Visa Scheme

The Chinese and the Turks are among the property buyers that are mostly benefiting from Greece’s golden visa investment scheme.

Greece Fails to Keep Startup Generation at Home

Greece is failing to win over investors planning to launch startups, with 39 percent seeking a “friendlier” eco-system elsewhere, according to the Startup Heatmap Report 2019.

CWT Forecasts 8% MICE Travel Growth in 2020

MICE travel is expected to increase by 8% in 2020, despite Brexit confusion and geopolitical instability, according to a study by travel management platform CWT.

Greek Airports Welcome 54.5 Million Passengers in Jan-Sept 2019

A total of 54.5 million passengers went through Greek airports from January to September, marking a 4.8% increase compared to the same period last year.

EC Monitor: Investing in Culture, Creativity Makes Cities More Prosperous

Europe’s top cultural and creative cities are more prosperous, according to the European Commission’s Cultural and Creative Cities Monitor 2019.

Sabre: Consumer Trends Powering ‘Retail Revolution’ in Hospitality Industry

Sabre reveals the trends fueling the transformation of hoteliers into retailers, in a new study explaining the “Retail Revolution” in the hospitality industry.

UNWTO Report Offers Insight into Short-term Rental Challenges

Fair competition, consumer protection, planning and sustainability are the key areas of focus of a new report covering short-term rental practices released by UWNTO.

ICAP: Inbound Tourism Drives Greek Travel Operator Growth in 2018

The Greek travel agency sector saw its market share increase by 9 percent in 2018, driven in large part by a surge in inbound travel, says ICAP Group

ERA: EU’s Flight Compensation Rule Impacting Smaller Carriers

The European Regions Airline Association (ERA) is re-examining an EU legislation covering issues of compensation for travelers, claiming it is impacting smaller carriers.

Greece Gains Ground with Canadians, Australians in 2016-2018

Canada, Australia, Denmark, the US and Poland were the top source markets for Greece over the 2016-2018 period, according to INSETE.

More Greek Destinations in Cruise Company Plans, Says CLIA

International cruise companies are looking to include more Greek destinations in their future itineraries, says the Cruise Lines International Association (CLIA).

Athens’ Hotel Room Stock to Grow by 1,000 Beds by 2021

By 2021, some 1,000 beds are expected to be added to the hotel room stock of Athens, says international hospitality consulting company Horwath HTL.

UBS: European Cities Facing Higher Property Price ‘Bubble Risk’

Cities in Europe may be in for property price trouble, according to the latest Global Real Estate Bubble Index 2019, released by UBS.

ETC: Europe Enticing Larger Share of South-East Asian Travelers

City tourism and a wide array of choices make Europe a top destination for South-East Asian travelers, says a study by the European Travel Commission (ETC).

Europe’s Q2 Hotel Construction Pipeline Grows by 23% 

Planned hotel construction in Europe increased by 23 percent in the second quarter of 2019, according to data by Lodging Econometrics.

Report: Europeans Buying Up More Real Estate in Greece

All the more Europeans appear to be investing in real estate in Greece, according to a report released by property brokers Tranio.

Athens Near to Last in IMD Smart City Index

Athens still has a long way to go before it moves up the newly launched IMD Smart City Index, ranking this year 95th among 102 cities in the world.

Tax Policies Taking Toll on Greece’s Competitiveness

Greece is once again lagging behind in competitiveness hindered by its inflexible tax policies, according to the International Tax Competitiveness Index 2019.

Thomas Cook Default Impacts 38 Countries, 8.6m Flight Seats

Thirty-eight countries and 8.6 million seats will be affected by the bankruptcy of UK tour operator Thomas Cook, says a recent analysis.