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Athens’ Psyrri Quarter Evolving into Airbnb Neighborhood

The once buzzing Athens neighborhood of Psyrri is coming back to life as more and more buyers invest in short-term rentals, boutique hotels and accommodation facilities.
Posted On 25 Apr 2019
, By
pixabay
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Home Sharing Breathes Life into Underdeveloped Athens Neighborhoods

The growing Airbnb phenomenon in Greece is now penetrating underdeveloped neighborhoods in Athens, breathing life and creating new conditions of safety and business activity.
Posted On 17 Apr 2019
, By
pixabay
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Greek Central Bank Chief Says Tourism, Exports Driving Growth

A rise in exports of goods and services and excellent tourism performance, contributed to Greece's economic growth in 2018, according to Bank of Greece governor Yannis Stournaras.
Posted On 02 Apr 2019
, By
pixabay
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Strong Tourism in Greece Driving Investment Activity

The dynamic growth of tourism is stimulating investment activity in Greece, with more than 400 projects submitted to the Tourism Ministry in the last three years for approval.
Posted On 22 Mar 2019
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PwC Says Real Estate Still an Investment Asset but Adaptation a Must

Real estate remains an asset despite political and economic uncertainty but investors will be required to adapt to new business models, according the latest report by PwC.
Posted On 20 Mar 2019
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More than Half of Greece’s Airbnbs Run by Management Services

More than half of Greece’s properties leased short-term on sharing platforms such as Airbnb, are being run by management companies.
Posted On 26 Feb 2019
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Lesser-known Destinations, 3-star Facilities are Opportunities for Hotel Investors in Greece

Investors seeking to tap into Greece’s growing hospitality market should focus on lesser-known destinations and 3-star hotels, says Arbitrage Real Estate.
Posted On 18 Feb 2019
, By
pixabay
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Greeks Turned to Airbnb for Extra Income, Study Finds

The economic crisis, which took a bite out of Greeks’ wages or even left them unemployed, has led an ever-growing number to turn to short-term rentals.
Posted On 06 Feb 2019
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Hotel Sector Contributes to Greek Economy, BoG Report Finds

The Greek hotel sector in the 2010-2017 period contributed to Greece's economy in terms of employment, the Bank of Greece (BoG) said in its Interim Report on Monetary Policy 2018.
Posted On 27 Dec 2018
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Greek Airbnb Hosts Called to Submit Short-term Rental Tax Declarations by Nov 30

Greeks leasing out their properties through sharing economy platforms - such as Airbnb - have until Friday, November 30, to submit tax declarations for short-term rentals in an electronic registry of Greece’s revenue authority.
Posted On 27 Nov 2018
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Athens’ Central Ermou 15th Most Expensive Retail Street in the World

Athens’ central thoroughfare, Ermou street, has been ranked 15th most expensive retail street in the world, moving up four spots from 19th in 2017.
Posted On 20 Nov 2018
, By
European Commissioner for Economic and Financial Affairs Pierre Moscovici. Photo Source: @ Pierre Moscovici
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Minister Calls on Moscovici to Include Greek Tourism in EU Budget Planning

Tourism Minister Elena Kountoura called on European Commissioner Pierre Moscovici to include Greek tourism in the planning of the EU budget beyond 2020.
Posted On 04 Jul 2018
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Photo Source: Airbnb
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Airbnb Runs into Obstacles Worldwide

Airbnb is facing all the more obstacles since it first entered the market, as authorities try to restrict the expansion of the home-sharing practice that has taken popular destinations by storm.
Posted On 27 Apr 2018
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Greece Real Estate Attracting Foreign Capital Inflows

Foreign investors injected the Greek economy with 503 million euros in capital in 2017 for the purchase of property, according to Bank of Greece data, marking an 86.5 percent increase compared to 2016, the highest in the last decade.
Posted On 01 Mar 2018
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Report: 10 Reasons To Buy A Holiday Home In Greece

Greece is one of Europe’s last "undiscovered" paradises for holiday homeowners, according to a report released by Algean Property, a full-service property company focusing on the Hellenic market and other select opportunities in the EMEA region.
Posted On 20 May 2014
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Mitsis Group Expands in Greece with Two New Hotels on Corfu Island

Mitsis Group is expanding its presence in Greece by opening two new hotels on Corfu Island.
Posted On 16 May 2024
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Interview – Effie Moskofoglou: ‘Wrapsody Brings Hotel Brands to Life Through Creative Storytelling’

In the fast-paced world of modern hotel construction, new hoteliers often struggle to maintain a clear branding strategy — and this is where Wrapsody steps in.
Posted On 15 May 2024
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La Quinta by Wyndham Debuts in Abu Dhabi with Stylish Hotel in Al Wahda

Wyndham Hotels & Resorts is getting ready to open its first La Quinta-branded hotel and sixth property in the Emirate of Abu Dhabi.
Posted On 09 May 2024
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VORIA: €250m Hospitality Project to Transform Northern Athens into Tourism Hub

Details on Project VORIA, a 250-million-euro tourism investment in Marousi, Athens, have been released.
Posted On 24 Apr 2024
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Santorini’s ‘Santo Collection’ Welcomes New Luxury Hotel & Villas, Offers Over 30 Experiences to Guests

The Santo Collection Resorts & Villas welcomes two new members - Santo Mine and The Villas - and is ready to offer guests a combination of more than 30 unique experiences and top-notch services.
Posted On 18 Apr 2024
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