connect with us
Travel & Tourism industry news. A Service by Greek Travel Pages (gtp)
 

Deloitte Says Technology to Transform Property Market Practices

Evolving technology, faster processing, wider data collection and new business models are set to stimulate the property market, according to Deloitte.

IOBE: Risk of Economic Slowdown in Greece for 2019

If Greece fails to free up productive forces through structural reforms, there will be a quick return to recession, according to the IOBE think tank.

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.

Fraport Greece Reports Progress at 14 Regional Airports

Fraport Greece has completed works at the airports of Zakynthos, Kavala and Chania, and is moving full speed ahead with more upgrade projects at another six airports.

Greek Authorities Pull in Tax-dodging Airbnb Proprietors

Tax authorities in Greece have reeled in 38 Airbnb owners, who failed to declare some 23,222 euros in earnings from home-sharing practices in 2018.

Greek Gov’t to Name Financial Advisor for 23 Smaller Airport Projects 

The Greek Transport Ministry will name a financial advisor in the coming period to move ahead with the exploitation of 23 smaller airports across Greece.

RE/MAX: Greek Property Market Diversifies in 2018

An investor-friendly environment combined with a steady taxation framework are expected to set the pace of Greece’s property market in the upcoming period.

Fraport Greece Traffic Revenue Rise Boosts Mother Company Profits

Fraport’s Greece and Brazil airports accounted for two-thirds of the parent company’s increase in revenue last year, which rose by 18.5 percent to almost 3.5 billion euros.

Small Number of Greece’s Businesses Bearing the Tax Burden, Says Grant Thornton

A mere 10 percent of Greece’s businesses are paying 88 percent of total taxes, according to a study presented by Grant Thornton.

Greek Economy Loses Steam in Q4, Recovery on Course

Greek economic growth slowed down in the fourth quarter of 2018, following nine consecutive quarters of positive performance, the statistical authority announced.

Bidding for Greece’s Hellinikon Casino Opens

The Hellenic Gaming Commission has announced a tender for a casino license slated to run at Hellinikon, an €8 billion project to develop Athens’ former airport complex into a multi-purpose hub.

PwC: Greek Mergers and Acquisitions Increased in 2018

Greek companies attracted a total capital of 5.5 billion euros in 2018, according to a report on “Deals in Greece” published by financial advisor PwC.

European Commission Sees 2.2% Growth for Greece in 2019

The European Commission is forecasting a 2.2 percent growth for the Greek economy in 2019, following the completion of its bailout program last August.

Greek Entrepreneurs Less Optimistic, Says Grant Thornton Study

Deteriorating optimism among the country’s entrepreneurs has landed Greece at the bottom of a list of 35 countries in the latest Grant Thornton International Business Report (IBR).

PwC Says CEO Sentiment Downbeat about Global Growth Prospects

According to 30 percent of the world’s business executives, global growth is set to show signs of decline over the next 12 months, a PwC survey reveals.

Greek Real Estate Market Picks Up Pace Driven by Tourism, Golden Visa

Greece’s property market is stabilizing in large part aided by the increase in tourism and home-sharing practices, according to the Bank of Greece.

Revision to Greek Casino Law Paves Way for Hellinikon Project, Minister Says

An amendment to a law on the licensing terms for casino operations in Greece is expected to set the Hellinikon development project into action.

Ongoing Casino Negotiations Impeding Hellinikon Project Works

The Hellinikon project has been deferred to the end of 2019, due to negotiations for the establishment of a casino on the premise.

Greece Revenue Body Says Short-term Rental Registry Bearing Fruit

The registry for property owners leasing their homes for the short-term via online platforms, is producing results, according to Greece's revenue body AADE.

PwC: Athens Moves Up as Most Attractive Property Market in Europe

Athens is emerging as one of the most attractive property markets in Europe, rising to the 14th spot on a city ranking released by PwC.