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Travel & Tourism industry news by Greek Travel Pages (gtp)

Lesser-known Destinations, 3-star Facilities are Opportunities for Hotel Investors in Greece

Investors seeking to tap into Greece’s growing hospitality market should focus on lesser-known destinations and 3-star hotels, says Arbitrage Real Estate.

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.

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.

Athens Ledra Hotel Announces Closure

ASTY S.A., the owning company of the central Athens Ledra Hotel, announced the closure of the 314-room establishment, as of Tuesday, May 31.