connect with us
Travel & Tourism industry news by Greek Travel Pages (gtp)

Greece Growth Still Laggard Among EU Members, Says Eurostat

Annual GDP growth in Greece slowed down in Q1 2019 compared to the previous three quarters, according to figures released by Eurostat.

CEOs Confident Greece Will Evolve into Attractive Investor Option

Greek CEOs are optimistic that Greece will evolve into an attractive investor choice, according to data presented at the InvestGr Forum.

SETE: Fine-tuning Tax Policy Key to Stronger Tourism in Greece

Implementing a friendlier-to-investments taxation policy in Greece is key to ensuring the tourism sector’s dynamic future, according to SETE.

Greek Accommodation Services Turnover Lagging in Q1, ELSTAT Says

Greece’s accommodation services sector recorded a 37 percent decrease in its turnover index in the first quarter of 2019, compared to the same period last year.

Greece’s Privatization Agency Pushes Forth Two Rhodes Tourism Projects

Greece’s privatization agency has paved the way for the completion of a property sale on Rhodes for the creation of a tourism project that will include a golf course.

Greek CEOs See Stronger Economy Ahead but Still Cautious

Greek CEOs are optimistic about the country’s economy, which they believe will show signs of recovery in the next three years, according to KPMG.

Local Banks Extend ATM Surcharge to Greek Non-customer Card Users

Greek debit card users will - as of July 20 - be charged an extra fee for the use of ATM machines at banks in which they do not have an account.

Greece Tumbles Near to Last on IMD Competitiveness List

Greece still needs to do plenty to become a competitive economy, as the country is almost last on the IMD World Competitiveness Ranking list for 2019, at number 58 out of 63 world economies.

Long-term Rental Property Market in Athens Gaining Lost Ground

Athens' rental property market is picking up pace after the economic crisis and the onslaught of short-term rental options, says Eurobank Property Services.

Greek Tourism Body SETE Calls for Integrated and Permanent Taxation Policy

The Greek Tourism Confederation (SETE) has reiterated its call for government planning that will include tax cuts in transportation, among others.

Greek Island Residents Can Now Claim Air Transport Discounts

Discounts for island residents, under the so-called "transport equivalent” program - known as “metaforiko isodynamo” (MI) - have now been extended to air travel.

High-speed Train Ready to Run Athens-Thessaloniki Route Under 4 Hours

Trainose's new high-speed passenger train will soon run the Athens - Thessaloniki route in less than four hours.

Deloitte Says Technology to Transform Property Market Practices

Evolving technology, faster processing, wider data collection and new business models are set to stimulate the property market, according to Deloitte.

Chinese Travelers Stimulating Greece’s Tax Free Market

Chinese travelers account for more than 40 percent of all 2018 tax free sales in Greece, according to findings released by solutions firm Global Blue.

Greece Evolving into Tax Free Shopping Destination

Greece is slowly but steadily evolving into a strong tax free shopping destination, according to data for 2018 released by solutions firm Global Blue.

Greek Tourism Body SETE Calls for Tax Cuts in Transport

The Greek Tourism Confederation (SETE) is calling for reduced taxation on transport, after Prime Minister Alexis Tsipras announced a series of tax relief measures.

Greek PM Announces VAT Cuts Ahead of May Elections

Greek Prime Minister Alexis Tsipras announced a series of new relief measures to take effect in 2019-2021 including the reduction of value-added tax (VAT) on restaurants and hotel accommodation.

Greek Tourism Boosting Property Market Growth, Says BoG

A friendlier investment environment supported by fast-track procedures and increasing tourism are set to revive Greece’s real estate market.

Report: Greece’s Construction Industry Set to Grow by 2022

Greece's construction sector is expected to recover over the 2018-2022 period, with a compound annual growth rate of 4.7 percent from -2.4 percent in 2013-2017.

Qatar Eyeing Investments in Greece

Attracting foreign investment topped the agenda of Greece's foreign minister, Georgios Katrougalos, who was recently in Qatar, to discuss ways of strengthening ties between the two countries.