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Greece's latest tourism industry news by Greek Travel Pages (gtp)

August Inbound Traveler Flows to Greece Sink Due to Covid-19

The number of inbound visitors to Greece in August 2020 was down by 73.3% year-on-year as a result of the Covid-19 measures.

Mohegan’s Casino Project in Greece to Take 3 Years After Permit Issue

The first integrated resort and casino to be constructed in Greece, at the former Athens airport in Hellinikon, is expected to take three years to complete.

Greece’s 8-month Tourism Revenue Down by €10.5bn

Greece's tourism sector saw revenue drop by 10.5 billion euros in the first eight months of the year, according to Bank of Greece data.

Greek Accommodation, F&B Services See August Revenue Tumble

Accommodation and food & beverage (F&B) businesses in Greece saw revenues plummet in August as a result of Covid-19 disruption.

Nine-month Passenger Traffic to Greece Down by 68.9%

Passenger traffic through Greece’s airports dropped by 68.9 percent in the first nine months of the year.

Greek Environment Ministry Re-examines Urban Planning Law

Urban planning and construction zone procedures for the development and design of land use in Greece are being formulated with priority given to tourist destinations.

Study: Greece Could Do Better to Make Taxation Competitive

Greece still has a long way to go in terms of tax competitiveness, ranking 29th among 36 countries, according to the OECD.

MGE – GEK TERNA Preferred Bidder for Hellinikon Casino Project in Greece

Greece’s gaming commission named Mohegan Gaming as the preferred bidder for the development of the country’s first integrated resort and casino in Hellinikon.

Attica Region Announces SME Covid-19 Funding Scheme

Small and medium-sized businesses in the Attica Region, impacted by the coronavirus pandemic, will be able to tap into a support package of 200 million euros.

Microsoft Deal Paves Way for Major Investments in Greece

Greece is proceeding with major investments in the areas of tourism, energy and technology, with the recently announced Microsoft deal leading the way.

IMF: Greek Economy to Shrink by 9.5%

The Greek economy is expected to shrink by 9.5 percent in 2020 due to the Covid-19 shock, which has interrupted the country’s economic recovery, the IMF said.

EU Urges Turkey to Stop Provocations or Face Sanctions

Τhe European Union said it could impose sanctions on Turkey if the country continues its "provocations and pressures" on Greece.

Xenia Property on Chios to Reopen as Hotel After Decades of Neglect

The historic Xenia property on Chios will reopen to visitors following its renovation as a modern hotel unit by Avlum Enterprises Company Limited of the Tsakos Group.

EBRD: Slow Economic Recovery Due to Covid-19 Uncertainty

The EBRD estimates that Greece's GDP will shrink by 9.5 percent in 2020 and record a 4 percent recovery in 2021.

Tourism Investments to Drive Growth for Greece, Says EY Survey

Foreign investments in tourism, logistics and real estate are set to drive growth for Greece in the coming years, says the EY Attractiveness Survey for 2020.

US Strengthens Ties with Greece After Pompeo Visit

The US and Greece have strengthened ties further after a two-day visit by US Secretary of State Mike Pompeo that focused on politics, economy and energy.

National Bank of Greece Sees Upturn in July-Aug Economic Activity

Greece's economic activity in July-August recorded an upturn with a positive impact of tourism, according to the country's national bank.

Covid-19 Hits Greek Accommodation & Food Services in Q2

Greece’s accommodation and food services activities in July suffered the biggest blow to turnover, down by 71.4% as a result of the Covid-19 pandemic.

Greece’s Peak July Month Sees 85.4% Drop in Tourist Arrivals

July, one of the three main months for tourism in Greece, saw the number of inbound arrivals plunge by 85.4%, impacted by the Covid-19 pandemic.

Hybrid Events Gaining Ground, Vital for Greek Tourism Recovery

Hybrid events combining live participation and a virtual component are gaining ground and set to become the next big thing in MICE events.