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Greece's latest tourism industry news by Greek Travel Pages

Greek Business Bodies: Restoring Market Trust Key After Banking Limits Lift

Greek business and trade bodies are expressing satisfaction with the government’s decision to do away as of September 1 with capital restrictions.

Interview – Grigoris Zorgianos: ‘Our Ambition is to Establish Mykonos Pearls as an Industry Leader’

Mykonos Pearls' Grigoris Zorgianos informs on the property management company's concept and aim to be synonymous with luxury vacations.

Investors Eye Five-star Hotels as Greek Hospitality Market Changes

All the more investors are setting their sights on Greece, as tourism flows increase and businesses with non-performing loans need a way out.

Greek Banks Charge Foreign Card Users Extra Fee at ATMs

Greeks and foreigners using credit or debit cards issued abroad to withdraw cash from most Greek bank ATM machines, will be charged an extra 2-3 euros.

GNTO VP: Perseverance and Consistency Behind Greek Tourism Success Story 

Establishing Greece as multi-island destination in the Mediterranean, offering 365 days of tourism options, tops the tourism ministry’s agenda, according to GNTO VP Aggeliki Chondromatidou.

Greek Economy Ministry Sees Stronger Investment Activity in 2018-2019

The Greek economy ministry is expecting stronger investment activity this year and in 2019, following last year’s positive trend.

Study Shows Greeks Still Distrust Banking System

More than half of all Greeks distrust the banking system according to a study focusing on capital restrictions, conducted by business consultants Alvarez & Marsal.

Greek Deposit Inflows Slowly Picking Up Pace

Private sector deposits at Greek banks picked up pace in the summer months on back of improved tourism figures and following the third bailout deal.

Cruise Ships Sailing Away from Greek Destinations

True to shipping industry insider predictions, cruise travel to Greece, dropped in the Jan.-July period and is expected to remain below par in 2018. 

SETE: Quality Over Quantity Key for Future of Greek Tourism

Over-taxation, no capital controls and upgrading infrastructure are vital to ensuring a healthy future for Greek tourism, says SETE chief Yiannis Retsos.

Andreadis Passes Leadership Torch for Greek Tourism Confederation (SETE)

Andreas Andreadis has stepped down from leading the Greek Tourism Confederation (SETE), where he served as president since 2011.

Rough Waters Ahead for Greek Cruise Travel

Despite forecasts of robust growth for the international cruise travel industry, the sector in Greece is barely keeping its head above the water with local industry insiders speaking of a 25 percent decline in traffic for 2017 and the same trend in 2018.

Key Tourism Figures 2016: Theodore Kontes, President Union of Cruise Ship Owners & Associated Members

Worldwide guests show a great interest in the East Mediterranean — which includes destination Greece — as it is renowned for its important history and different cultures.

SEV Report Says Tax Evasion Behind Tourism Figure Variations

The recent discrepancies in foreign travel receipts between the Bank of Greece and the Tourism Ministry are in great part due to tax evasion and reflect the impact of tax policies, according to the Hellenic Federation of Enterprises (SEV).

Attica Group Posts Positive 1st-half 2016 Results

Attica Group’s first-half 2016 consolidated revenue rose to 109.63 million euros compared to 108.87 million euros in the same period last year.

XRTC Analysts Say Greek Ferry Shipping Facing Airline Competition

Considered by foreign banks as the “Greek Risk”, Greece’s ferry shipping industry is faced with little financial support, which in addition to a series of internal and external factors, is taking a toll on the sector’s performance, according to an annual report released by XRTC...

Cruising the Mediterranean & Challenges for 2017

Terrorism, capital controls, the economic crisis, the refugee influx, Brexit and the Turkey coup last week have forced cruise companies to change their itineraries for 2017 cutting out many Mediterranean destinations.

Amadeus Hellas Partners with Greek Union of Air Travel Agencies (PETAGA)

Amadeus Hellas recently signed a sponsorship agreement with the Greek Union of Air Travel Agencies (PETAGA) for 2016.

IATA Honors Greek Branch with ‘Six Stars’ Award

The International Air Transport Association (IATA) recently rewarded its Greek branch with a "Six Stars" award for its contribution to a successful management of the Greek capital controls crisis.

Autohellas Hertz Profits Up by 16%, Group Invests in New Fleet

Thanks to increased profits, up by 16 percent, Autohellas Hertz is investing in the renewal of its fleet of vehicles.