connect with us
Greece's latest tourism industry news by Greek Travel Pages

EU Looks to Address Bad Loans with ‘Ambitious’ Plan

In efforts to reign in non-performing loans across the EU, the European Commission has announced a package of “ambitious” measures.

Demand for Athens Center Property Peaks

Demand for Athens center properties is increasing with investors planning to transform their buys into offices, boutique hotels and Airbnb-style units.

European Commission Calls on Greece to Explain Yacht Taxation

Greece is among three countries that will be required to provide evidence that it is abiding by value-added tax (VAT) rules in the private boat sector.

Greek Property Market Showing Signs of Recovery

Greece’s property market appears to be recovering thanks to returning confidence and to increased tourism which is propelling demand for holiday homes.

Greek Economy Growing Stronger Thanks to Investments

Stronger investment has boosted Greece’s economy for a fourth consecutive quarter in the October-December 2017 period, the Hellenic Statistical Authority (ELSTAT) said.

Trainose Only Bidder for Greece’s Rolling Stock Maintenance Company

Greece’s train operator Trainose submitted a binding offer for the acquisition of 100 percent of shares in the Hellenic Company for Rolling Stock Maintenance SA.

International Arrivals to Greece Soar in January 2018

International arrivals to Greece increased by 22.4 percent in January 2018, according to the latest data released by INSETE.

PwC: Greece’s Incomplete Infrastructure Works Worth €18.7bn

The backlog of infrastructure projects in Greece has grown to 18.7 billion euros, according to a study released by PwC Greece.

Ionian Region Seeks to Benefit from Skorpios VIP Tourism Project

The Ionian Islands Region and the Regional Division of Lefkada are aiming to tap into the popularity of Skorpios, once a major tourism project there is completed.

ΙΟΒΕ Reports Improved Economic Sentiment for February

Economic sentiment in February showed signs of slight improvement edging higher at 104.3 points from 101.9 points in January, the IOBE said this week.

Greece Real Estate Attracting Foreign Capital Inflows

Foreign investors injected the Greek economy with 503 million euros in capital in 2017 for the purchase of property, according to Bank of Greece data, marking an 86.5 percent increase compared to 2016, the highest in the last decade.

Infrastructure Key to Attracting Winter Tourism to Crete

Ways to strengthen tourism flows to Crete in the winter months were the focus of a day event recently organized by the island’s trade associations in Rethymno.

Greece to Launch Hellinikon Casino Licensing Tender in Fall

The Hellenic Gaming Commission is set to announce an international tender for a casino license, paving the way for the Hellinikon project to get underway.

Thessaloniki Awaits Master Plan for Exhibition Center Revamp

Three parties have expressed interest in drawing up a master plan for the revamp of Thessaloniki’s International Exhibition Center.

Piraeus Master Plan Gets 10-day Extension for Deliberation

The period for public deliberation of the master plan for the revamp of the Piraeus Port has received a 10-day extension.

Tourism Offsets Greece’s Current Account Deficit

Greece’s current account recorded a deficit of 1.5 billion euros in 2017 down by 418 million euros year-on-year, with travel receipts slightly increasing.

National Development Plan Set to Stimulate Greek Economy

The Economic and Social Council of Greece recently presented a national development plan, aiming to spur financial activity and restore the country to the economic markets.

Rhodes’ Historic Capsis Returns as Akti Imperial Resort

The legendary Capsis Hotel on Rhodes is back completely renovated and will open its doors under the name Akti Imperial Deluxe Resort & Spa on May 23.

Liquidity, Return of Rival Markets Break Greek Tourism Spell

Limited access to cash on top of recovering rival markets are taking a bite out of Greece’s tourism sector in terms of arrivals and revenue, according to market experts.

Greek Hotels Chamber Sets Out Goals for 2018

Key issues that must be addressed so as to "unlock" the Greek hotel sector’s full potential were underlined at the 7th Hellenic Chamber of Hotels General Assembly in Athens.