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

Greek Tourism Stakeholders Call for National Plan, Coordination

The Greek tourism sector has high expectations of the new center-right government and its leadership, said Greek Tourism Confederation (SETE) President Yiannis Retsos.

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 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 Hospitality Market Good Choice for Brands, Says Report

Greece is an attractive option for international hotel brands seeking to enter new markets, according to a report recently released by hotel, tourism and leisure consultants Horwath HTL.

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.

Greek Tourism Trade Bodies Sign Labor Deal for 2019 Wages

Some 25,000 individuals employed in room and apartment rentals, and in the F&B sector, will now be receiving monthly wages of up to 771 euros.

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.

Hoteliers of the Future Come Together at Athens’ 100% Hotel Show

Virtual reality and innovation take center stage at this year’s 100% Hotel Show to be held at the MEC Peania exhibition center during November 16-19.

Greece’s Labor Contract for Hotel Workers Extended

Labor Minister Efi Achtsioglou has signed the relevant ministerial decision for the extension of Greece's hotel sector collective labor contract.

Greek Hoteliers Chief Urges Vigilance for Stronger Results

The new labor agreement, the country’s rental policy and taxation topped the agenda of talks during the annual general assembly of the Hellenic Federation of Hoteliers (POX).

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.

NAI Hellas: Hotels Driving Greece’s Commercial Property Performance

Greece’s commercial property market is showing signs of recovery with the hotel sector leading the way, according to data released by NAI Hellas.

Greek Hotels Becoming Attractive Investment Option

Increasing tourism flows and dropping prices are making Greek hotels an attractive investment choice with hospitality units on the islands winning over buyers.

Tourist Flows Still Strong in September for Greece

Summer is still on in Greece this September with hotels fully booked, flights on the rise and cruise travel marking its best month of the year this far.

Greece Hospitality Tax to Hamper Small Hotel Upgrades

A new accommodation tax set to take effect next year is expected to put a damper on plans by smaller hotel units to renovate or upgrade.

Private Sector, Society to Foster Growth, SETE Head Retsos Says

Growth can only come from the private sector and society, Greek Tourism Confederation (SETE) President Yiannis Retsos said.

Athens Ledra, La Mirage Hotel Auctions Fruitless

The sales of the Athens Ledra and the La Mirage hotels have yet again been fruitless, despite expressed interest from investment entities in Greece and abroad.

Visitor Numbers Up for HORECA 2017 Expo

The 12th International Hotel, Restaurant and Cafe Show HORECA opened its doors at the Metropolitan Expo Center in Athens with a rise in visitor numbers.

Major Luxury Hotels to Set Up Shop at Athens’ Omonia Square

Properties on and around Athens' central Omonia Square have been slated for renovation or reconstruction in order to re-open as luxury hotels,

Calling All Investors: Hotels Up for Sale in Athens

Hotels or properties in central Athens suitable to become accommodation facilities are seeking investors who will take over and give them a new lease on life.
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