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Greek Hotels Losing Millions from the ‘Sharing Economy’

The direct impact of the so-called sharing economy on the Greek hotel industry has been estimated at 525 million euros a year in lost lodging revenue.
Posted On 19 Sep 2017
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Rhodes, Island Photo Source: http://likenoother.aegeanislands.gr
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South Aegean Region Authorities Say Tourism in Good Shape

Tourism to the South Aegean Region is on the right track with the positive trend expected to continue into September and October.
Posted On 29 Aug 2017
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Greek Tourism Sector Created 7 in 10 New Jobs in May

The tourism sector accounted for seven in ten new jobs for the month of May, according to data from the Greek Labor Ministry’s Ergani system.
Posted On 08 Jun 2017
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Axia Hospitality CEO Yiannis Kyritsis.
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Axia Hospitality Rising High in Greek Tourism Industry

In only five years of operation, reservation management company Axia Hospitality has managed to gain a significant share of the Greek hospitality market.
Posted On 17 May 2017
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SWOT Strengthens Ties Between Greece’s Small Hotels and Industry Professionals

Hospitality consultant SWOT recently held the 1st Forum for Small Lodgings in Greece in an effort to boost partnerships between the country's small hotels and industry professionals.
Posted On 11 Apr 2017
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The blueground team on the balcony of one the residential properties it manages.
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Hospitality Startup blueground Receives €5.5m in Funding

blueground has received additional funding of 5.5 million euros that will help it expand into new markets and invest in further technology development.
Posted On 05 Apr 2017
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World Travel Market 2015, ExCeL, London - WTM Buyers' Club
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TUI Group Headline Partner of WTM Buyers’ Club

World Travel Market London has announced TUI Group as headline sponsor of its prestigious WTM Buyers’ Club, the business club for senior travel industry decision makers with direct purchasing responsibility.
Posted On 20 Oct 2016
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Greek Gov’t to Clamp Down on Unregistered Short-term Rentals

In efforts to ensure fair play, Greek finance ministry officials are examining measures to tackle a growing shadow hospitality sector resulting from unregistered short-term rentals which cost the economy some 250 million euros annually in lost taxes.
Posted On 23 Sep 2016
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Report: China’s Desire to Travel Abroad Remains Unbroken

China registered by far the highest growth in outbound travel in 2015, consolidating its position as one of the world’s most important source markets for international travel, according to a special analysis by the World Travel Monitor, conducted by IPK International.
Posted On 16 Sep 2016
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Paros
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Greek Island VAT Hike Not Paying Off

The increase in value-added tax (VAT) on Greek islands has not paid off, according to comparative data examining VAT revenues at 20 island destinations.
Posted On 05 Sep 2016
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Sharing Economy, Taxation Taking a Bite Out of Greek Tourism

Overtaxation and the sharing economy are taking a toll on small tourist enterprises with many going under, the president of the Confederation of Greek Entrepreneurs for Tourism Lodges (SETKE), Konstantinos Brentanos, recently said.
Posted On 29 Mar 2016
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PwC: Greek Hotels Up for Sale but No Signs of Interest

The Greek hospitality investment market seems to be in hibernation with at least 225 hotels currently on offer but no signs of interest from potential buyers, a PwC report found.
Posted On 01 Mar 2016
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Hotel Certification Expert DQS Hellas New Kid on Block

DQS Hellas announced earlier this week that it will be providing assessment and certification to hotels and accommodation units in Greece.
Posted On 22 Sep 2015
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Greek Hoteliers to Bear Brunt of Proposed Taxes by up to 147.6m Euros

Greek hoteliers may be faced with up to 147.6 million euros in additional taxes should the government decide to go ahead with the proposed levies on tourism it has announced recently.
Posted On 18 May 2015
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Greece’s Government And Tourism Sector Are On The Same Page

The importance of collective action and effective cooperation between the State and Greece's tourism sector was highlighted by Greek Tourism Minister Olga Kefalogianni, during an open Board of Directors meeting of the Association of Greek Tourism Enterprises (SETE) held in Athens.
Posted On 08 Oct 2014
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Lesvos, Greece, Welcomes More Turkish Tourists Thanks To Visa-Free Program

The Greek Island of Lesvos (Mytilini) is expecting a major increase of Turkish weekend visitors this year thanks to a visa facilitation scheme that has launched once again.
Posted On 02 Jun 2014
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Greek Tourism Slows Down From Initial Expectations

Although Greek tourism professionals were optimistic in regards to this year’s season, especially after its impressive opening in April as international arrivals that month reached the rate of 24.04 percent, their initial expectations seem to be falling short in regards to...
Posted On 01 Jul 2011
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“We would have had to change the overall tourism strategy of the country even if we were not in a crisis,” Deputy Culture and Tourism Minister George Nikitiadis (center) said at a press conference during Philoxenia. Mr. Nikitiadis referred to the ministry’s new strategy for Greek tourism and emphasized in particular on the development of alternative forms of tourism. He is pictured with President and CEO of Helexpo Paris Mavridis and President of the Greek National Tourism Organization Nicolas Kanellopoulos.
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VAT Reduction Keynote At Philoxenia 2010

The 26th Philoxenia International Tourism Exhibition, held this year on 18-21 November at Helexpo in Thessaloniki, roughly hosted 500 exhibitors from Greece and 12 other countries (Egypt, Albania, Brazil, Bulgaria, Ghana, India, Cyprus, Russia, Serbia, Syria, Turkey, and Tunisia).
Posted On 01 Dec 2010
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SETE Clarifies Tourism Data Terms

The Association of Greek Tourism Enterprises recently clarified the confusion created on the use of the terms "tourism revenue" and "turnover index for tourism."
Posted On 01 Aug 2009
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