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

Greece Country Brand Running Low, Study Says

Days after Prime Minister Alexis Tsipras pledged to double spending on the promotion of Greece abroad, adding that the country brand is its “intangible asset”, a study by Canada’s Carleton University reveals that Greece’s brand name is no longer opening doors to business.

China, Crete Shake Hands on Tourism, Culture & Trade Exchange

Crete Governor Stavros Arnaoutakis and his Chinese counterpart from the region of Guangxi, Chen Wu, recently signed a treaty of friendship and cooperation.

Greece Competitiveness Slumps in IMD 2016 Rankings

Greece’s competitiveness ranking plunged by six spots bringing it in the 56th position among a total of 61 countries, according to the International Institute for Management Development (IMD) yearbook 2016 results released on Monday.

Athens Ledra Hotel Announces Closure

ASTY S.A., the owning company of the central Athens Ledra Hotel, announced the closure of the 314-room establishment, as of Tuesday, May 31.

Greek Gov’t Eyeing New Round of Airport Concessions

The Greek government is examining the possibility of a second round of airport concessions to be undertaken by a new body which will oversee the use and management of state property previously controlled by the finance ministry.

Thessaloniki Hoteliers Ring Alarm Bells over Imminent Taxes

Thessaloniki’s hoteliers are sending signals of distress over plans by the government to increase taxes or introduce new levies on areas affecting the hospitality sector, saying this will inevitably lead to unsustainable fiscal burdens.

ICAP: Crisis Takes Toll on Greek Business Activity, Tourism Resilient

The ongoing economic crisis in Greece has led to the decline of business activity in terms of figures and growth, business services group ICAP found in a report released on Wednesday.

Handful of Greek Isles Up for Grabs

Greece seems to be selling off dozens of its islands, according to a Business Insider report this week which checked into a real estate website and found properties in the Aegean and Ionian going for as little as 3 million euros.

SETE Chief Says Overtaxation to Hamper Greek Tourism

The tourism sector, Greece’s strongest foreign currency attractor, is ringing alarm bells that the rise in value added tax to 24 percent - which was agreed on earlier Wednesday - will have a negative impact on incoming tourism for 2016.

Research Body Says New Tax Measures to Take Toll on Greek Economy

Stringent measures to secure the next installation of Greece’s 86-billion-euro bailout plan are bound to hit the Greek economy even more, the Foundation for Economic and Industrial Research (IOBE) said recently.

Extra ‘Sleep’ Tax Angers Greece Hoteliers

Weeks before the official launch of the summer tourism season, Greece’s hoteliers are furious over a proposed tax on accommodation which comes on top of other levies imposed last year.

Experts to Share Outlook for Greece at Delphi Economic Forum

Some of the world's finest academics, scientists and experts will be sharing their "Outlook for Greece and the Region Vision 2020-2030” at this year’s Delphi Economic Forum, which kicked off at the European Cultural Centre of Delphi and runs through to February 28.