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Greece's latest tourism industry news by Greek Travel Pages

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.

IOBE: Greek Consumer Confidence Higher, Economy on Standby

Consumer confidence in Greece improved in December, achieving a four-year high, while the economic climate remained steady, according to IOBE.

Athens, Crete, Santorini, Rhodes Hotel Investments Get Green Light

Major tourism projects in Athens and on the islands of Crete, Santorini and Rhodes have received the go-ahead by Greek authorities.

Athens Coastal Suburb Nea Makri to Get Marina

The Greek infrastructure minister is moving ahead with plans for the construction of a marina at the coastal town of Nea Makri, near Athens, through private-public partnership (PPP).

Transport Discounts Now Applicable on All Greek Islands

All Greek island residents can now claim transportation discounts as part of the “transport equivalent” measure, according to an announcement by the shipping ministry.

Bank of Greece: Tourism Revenue Rising, Up to €1.4bn in October

Tourism revenues rose to 1.41 billion euros in October 2018, from 1.19 billion euros during the same period last year, according to the Bank of Greece.

Investor Scheme Announced for Management of Chios Marina

Greece’s assets fund TAIPED has awarded the 40-year concession of the Chios Marina to an investor scheme, accepting the entity’s improved 6.2-million-euro offer.

Greece’s Shipping Tycoons Step Up Buys and Orders

The year comes to a close with even more new investments by Greek shipowners, who in 2018 acquired a total of 293 vessels in 1,400 transactions, according to Allied Shipbroking.

ICAP Study: Tourism Enterprises Among Greece’s Most Profitable

Tourism enterprises hold leading positions among Greece’s 500 most profitable businesses for 2017, according to an ICAP study.

Real Estate Study Says Bad Hotel Loan Portfolios a Hidden Opportunity

Investment groups handling non-performing loan portfolios stand to gain from the hidden value of the properties serving as collateral.