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

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.

Greece Expecting Short-term Rental Tax Declarations Next Month

Property owners in Greece leasing homes for short-term accommodation purposes via online sharing platforms must submit rental statements by November 30.

SETE Chief: Regulation Vital for Short-term Rental Market in Greece

Regulation of the short-term rental market in Greece is key to maintaining balance in the tourism sector, according to SETE President Yiannis Retsos.

Q&A on Short-term Leasing in Greece

Questions and Answers (Q&A) for property owners interested in leasing their homes for short-term accommodation purposes via online sharing platforms, such as Airbnb.

Greek Property Market on Slow but Steady Upward Path

Greece’s housing market is gradually improving, holding the 48th spot among 57 global markets on residential and commercial property consultancy Knight Frank’s Global House Price rankings.

Greek Hoteliers Call on Minister to Address Vacation Rentals Law Omissions 

The Hellenic Federation of Hoteliers (POX) is calling on the government to re-examine the legal framework covering short-term vacation rentals.

Greece’s Online Registry for Short-term Rentals Goes Live

The electronic registry for property owners leasing their homes for short-term accommodation via online sharing platforms, is now operational on www.aade.gr.

Hellinikon Metropolitan Park Plan Open for Public Input

Plans for the development of a metropolitan park and recreation area at Athens’ former airport in Hellinikon, have been opened for public consultation.

Greek Tourism Figures Soar to New Heights, Exceed Forecasts

Greece is aiming for a record tourism year with data revealing that an additional three million travelers went through the country’s airports in the first seven months of 2018.