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

Greek Hoteliers Seeking Ways to Offset ‘Stayover Tax’

The Hellenic Federation of Hoteliers (POX) is negotiating package deals for 2018 with tour operators in efforts to find ways to offset a new levy that will be charged on Greek accommodation units as of 2018.

Minister Kountoura Invites Obama to Holiday in ‘This Small, Great World’

Tourism Minister Elena Kountoura invited US President Barak Obama to spend his next holidays in Greece, during the dinner held in his honor in Athens recently.

Greece-US Partnership at a Glance

On occasion of President Barak Obama’s visit to Athens this week, the Greek Travel Pages (GTP) looks at key points of Greece’s relations with the United States.

Obama in Athens: Equal Chances for the Young, Meaningful Debt Relief

US President Barak Obama arrived in Athens on Tuesday bringing a message of support and hope as he had pledged ahead of his visit from the White House: austerity does not bring prosperity, and the young must have equal opportunities, he said after meeting with Prime Minister...

Greece Readies for US President Obama Visit

Outgoing US President Barack Obama will be in Athens on Tuesday and Wednesday, and will meet with government officials to discuss among other things ways for Greece to be given “meaningful debt relief” in efforts to offer the Greek people hope.

WTM 2016: SETE Chief Says Sectors Can Work with Tourism to Boost Greek Economy

Tourism can contribute to further growth and play a crucial role in restoring the Greek economy by involving other sectors, Greek Tourism Confederation (SETE) President Andreas Andreadis said on Monday, ahead of the World Travel Market held in London this week.

Thessaloniki Port Sale Priority for New Shipping Minister

Ensuring the sale of a 67 percent stake in the Thessaloniki port authority moves ahead swiftly and trouble free tops the agenda of new incoming shipping minister Panagiotis Kouroumblis.

IOBE: Greek Economic Mood Boost in October

Consumer confidence and improved services account for October’s bolstered economic sentiment (ESI) in Greece, a Foundation for Economic & Industrial Research (IOBE) survey recently showed.

Last-minute Bid by India-based GAL for Crete’s Kastelli Airport

GMR Airports Ltd (GAL) submitted a binding offer - jointly with Greek infrastructure company GEK Terna Group - last week, for the development, operation and management of the new Kastelli international airport in Heraklion, Crete.

Taxman Knockin’ on Greek Hoteliers’ Door

Hoteliers across Greece as well as property owners active in short-term rentals are being crosschecked by the Greek tax authorities in efforts to clamp down on rampant tax evasion.

KEPE: Six Ways to Leave Capital Controls Behind Us

If Greece wants to regain investor confidence, which will in turn attract investment and thus lead to economic recovery, capital controls must become a thing of the past, the Center of Planning and Economic Research (KEPE) said in a report.

Six Greek Hotels Go Under, Now in the Hands of Eurobank

Unable to pay off their loans, six Greek hotels are now in the hands of Eurobank, the group’s Head of Group Corporate & Investment Banking, Konstantinos Vassiliou, said this week.

ICAP: Greece’s Airline Market Shows Robust Performance in 2013-2015

Greece’s airline market is seeing steady growth thanks in large part to the improvement of the country’s airport infrastructure and to the expansion of the tourist season, business services group ICAP found in a report.

Hellenikon Project in Greece Gets Parliament Go-ahead

An eight-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a multi-purpose hub, was given the green light by majority vote in Greek parliament.

Hellenikon Project to Bring in €14.1bn in Tax Revenue, Report Says

The massive and highly anticipated Hellenikon project along the Athenian Riviera is expected to boost state coffers by some 14.1 billion euros in tax revenues between 2016 and 2041, according to the Athens-based Foundation for Economic and Industrial Reseaerch (IOBE).

Greece Eases Capital Controls, Now in Effect

In efforts to boost confidence in the country’s banking system, pave the way for new deposits and allow leeway for business transactions abroad, the Greek government has further relaxed capital controls.

Stournaras: Tourism, Reforms, Key to Bringing Greece Out of the Tunnel

Tourism, reforms and privatizations are key to bringing Greece back into the game, Greek Central Bank Governor Yannis Stournaras said last week, expressing his optimism that faith is being restored in the Greek economy.

Latest Capital Control Changes for Greece

Greek Finance Minister Euclid Tsakalotos approved the further relaxation of capital controls last Friday in efforts to efforts to boost confidence in the country’s banking system and pave the way for new deposits.

Athens Airport Concession Deal to Be Finalized in Fall

The Greek government is set to complete concession talks for Athens International Airport (AIA) in September, assets agency head Stergios Pitsiorlas, said earlier this week.

Capital Controls in Greece Scaled Back Some More

Greece’s international lenders have indicated that they will go ahead and approve the further relaxation of capital controls imposed on June 28 last year in efforts to boost confidence in the country's banking system and bring back more than 15 billion euros in “elusive”...