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

Committee Partially Approves Master Plan for Piraeus Port Development

A number of projects included in Cosco's master plan to develop the port of Piraeus, were not approved by Greece's Port Planning and Development Committee.

Million-euro Tourism Investment Projects in Greece Get Green Light

An inter-ministerial committee for strategic investments has approved three tourism projects and a shopping/recreation center in Greece, budgeted at €333.8 million.

Airlines Slash Scheduled Seats to Greece by 7% in 2019

Airlines have slashed the number of scheduled seats to Greece by 7 percent, or 1.3 million, this year compared to 2018, according to findings released by INSETE.

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.

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.

Israel Technology Firms Interested in Greek Tourism Projects

Israeli tech firms have expressed interest in working with Greece to promote tourism synergies through new technologies.

Greece Expects Visitor Numbers from Israel to Soar in 2019

More than 700,000 travelers from Israel are expected to visit Greece in 2019, according to figures released by the Greek Tourism Ministry.

Greece to Launch Tender for the Lease of Mykonos, Rhodes Marinas

Greece’s public assets fund will announce tenders for the long-term lease of marinas on Mykonos and Rhodes, which will include a series of activities and the potential for commercial use.

Report: Thessaloniki Port Could Boost Balkan Activity

Thessaloniki Port, the second largest container port in Greece, can boost activity in the Balkan region and Southeastern Europe, once upgrade works are completed.

Study Reveals how Greece can Attract Foreign Direct Investment

Greece can achieve growth by tapping into the manufacture of aircraft and ships - areas that attract foreign direct investment, according to a study carried out by IHS Markit.

Quality, Service, Cleanliness Give Greek Hotels Advantage Over Rivals

Hotels in Greece took the lead in 2018 over accommodation facilities at rival destinations in terms of overall quality and service, according to INSETE.

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).

Attica One Step Closer to ‘Antonis Tritsis’ Eco Park Revamp

The Greek environment ministry has approved the first of a series of decisions for the revamp of the Antonis Tritsis Environmental Park, the largest green zone in Attica.

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 Think-tank Finds 2018 Economic Climate Improved

The economic climate in Greece improved in 2018 compared to the previous year, as did household expectations, the Foundation for Economic & Industrial Research (IOBE) said.

EBRD Remains Committed to Greece, 2018 Funding Reaches €846m

European Bank for Reconstruction and Development (EBRD) shareholders agreed to extend its mandate in Greece through to 2025.

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.

Three Greek Groups Leading US LNG Shippers

Three Greek-owned groups are the top shippers of LNG (liquefied natural gas) in the US, followed by shipping giants from South Korea, China, and Europe.

Individual Travelers to Greece Outdo Package Tourists in Nine-month Spending

Individual travelers have stepped in the lead in terms of tourism-related revenue in the January-September 2018 period, according to the Bank of Greece.