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Europe’s CEOs Revising Business Plans in View of Challenges

CEOs in Europe are adjusting business plans to cope with challenges including inflation, Covid-19 and geopolitical instability, found a survey released by EY.
Posted On 06 Dec 2022
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Greece’s 2022 Tourism Revenues Set to Exceed Forecasts by €3bn

Greece’s tourism revenues for 2022 are set to exceed forecasts by 3 billion euros, according to Greek Tourism Minister Vassilis Kikilias.
Posted On 05 Dec 2022
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Greece 10-month Airport Arrivals Outdo 2019 Levels

Airport arrivals to Greece in the January-October period exceeded pre-pandemic 2019 levels by 0.8% or 169,000 arrivals, according to INSETE data.
Posted On 05 Dec 2022
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Eurobank: Greece’s Tourism Sector a Top Foreign Investment Magnet

Greece’s tourism sector is one of five industries expected to attract foreign investment through to 2025.
Posted On 02 Dec 2022
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New Marina Planned for Meganisi Islet in the Ionian

The Greek islet of Meganisi near Lefkada in the Ionian sea will be getting a 94-berth marina valued at 5.5 million euros.
Posted On 02 Dec 2022
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Athens in Top 10 Most Attractive European Cities for Hotel Investments

Athens is among the most attractive European cities for hotel investments in 2023, found a survey released by Deloitte.
Posted On 01 Dec 2022
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AEGEAN to Boost Air Connectivity Between France and Greece in 2023

Greece’s flagship carrier AEGEAN will be increasing seats for the French market in 2023 to meet strong demand.
Posted On 01 Dec 2022
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Saudi Arabia Agrees to Extend Flights to Greece Past Summer

Saudi Arabia has agreed to extend direct flights to Greece in the coming period, according to the Greek Tourism Ministry.
Posted On 29 Nov 2022
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Greek Hospitality Sector Sets Priorities for Future

Infrastructure upgrades, digital reform and sustainable best practices will best prepare Greece’s hospitality industry for the new era, says the Hellenic Chamber of Hotels.
Posted On 29 Nov 2022
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Nisyros, Lesvos Thermal Springs on Greece’s Natural Resource List  

Thermal springs on the Greek islands of Lesvos and Nisyros have been recognized as natural resources by a joint ministerial decision.
Posted On 24 Nov 2022
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Nine-Month Arrivals to Greece Fall Short of 2019 Levels

International arrivals to Greece from January to September this year did not manage to surpass pre-pandemic 2019 levels, according to data by the Bank of Greece.
Posted On 23 Nov 2022
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ELSTAT: Upward Trend in Q3 Turnover for Greek Accommodation, F&B Services

Greece’s accommodation services providers saw turnover in Q3 increase by 38.6% driven by strong tourism demand, shows ELSTAT data.
Posted On 23 Nov 2022
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Greece 9-month Tourism Revenues Closer to 2019 at €15.5bn

Tourism revenues in Greece for the January-September period reached 15.5 billion euros, fast approaching pre-pandemic 2019 levels but not exceeding them.
Posted On 22 Nov 2022
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Autumn Tourism to Greece on Upward Trend, Says Minister

The Greek Tourism Ministry’s priority to extend the season is paying off with fall arrivals to Greece remaining strong, says Tourism Minister Vassilis Kikilias.
Posted On 21 Nov 2022
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Greek Tax Authorities to Step Up Airbnb Inspections

Greek tax authorities are expected to scale up inspections of short-term holiday rentals to tackle tax evasion.
Posted On 18 Nov 2022
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Greek Property Bodies, Airbnb-style Rentals Hosts React to STR Bill

Greek property owners and hosts are calling on the government to re-examine proposed legislation covering Airbnb-style rentals in Greece.  
Posted On 17 Nov 2022
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Eurostat: Greek Passenger Ports in EU’s Top 5 in 2021

Three Greek ports are in the EU’s Top 5 passenger ports for 2021, according to the statistical office of the European Union, Eurostat.
Posted On 16 Nov 2022
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Greece Mulls Energy Measures to Support Tourism Businesses

Greek tourism SMEs will be able to tap into 100 million euros in energy support from the government’s new “Exoikonomo – Epicheiro” (Save - Do Business) plan.
Posted On 16 Nov 2022
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Greece’s Regional Airports Hit Record in October Passenger Traffic

Fourteen Greek regional airports, handled by Fraport Greece, continue to see crowds and once again set a new record for passengers in a single month.
Posted On 15 Nov 2022
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Commission Forecasts 6% Growth for Greece this Year and Drop to 1% in 2023

The Commission is forecasting 6% growth for Greece this year, double the eurozone average, but sees high energy costs and inflation leading to a considerable slowdown to 1% in 2023.
Posted On 14 Nov 2022
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