connect with us
Travel & Tourism industry news by Greek Travel Pages (gtp)

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,

Investments, Greek Tourism Promotion Top Kountoura’s Agenda in New York

Tourism Minister Elena Kountoura invited top entrepreneurs to invest in the growing Greek tourism sector, during the 18th Capital Link Forum in New York.

Arabs Introduced to Greece Tourism Investment Opportunities

Greek National Tourism Organisation (GNTO) Secretary General Dimitris Tryfonopoulos invited Arab entrepreneurs to invest in Greek tourism during the 5th Arab-Hellenic Economic Forum held in Athens.

New Shipping Minister Vows to Get Greek Waterways Out of the Rut

Newly appointed Shipping and Island Policy Minister Panagiotis Kouroumblis has set speeding up the licensing procedures for Greece’s pending waterway network as a leading priority upon taking office earlier this month.

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.

Piraeus Port Big Bet for Cosco, Set to Invest €140m in 2017

Hong Kong-based shipping giant Cosco has slated 140 million euros for works to be completed in 2017 in efforts to make the port of Piraeus a major cruise and transhipment hub for travel and trade between Asia and Eastern Europe.

Greece’s Astir Palace Sale A Done Deal

The sale of the landmark coastal Astir Palace resort to Apollo Investment Holdco - a subsidiary of consortium Jermyn Street Real Estate Fund IV LP - has been completed, with the project ready for take-off four years after the procedure began.

Alexandroupolis Port Authority Flirting with Chinese Investors

Port authorities in Alexandroupolis, northeastern Greece, are exploring a potential collaboration with Chinese investors Sinoftone Group and Navision after signing a memorandum of cooperation.

Greece’s Coveted Astir Palace Project Gets Green Light, Ready for Take-off

The Greek Council of State has approved amended plans for the sale of the historic coastal resort Astir Palace to consortium Jermyn Street Real Estate Fund IV LP.

Application Process for Greek Business Funding Opens on Oct. 12

Professionals and business owners in Greece seeking grants for their enterprises can apply for government funding under the new development law as of October 12.

Piraeus Among World’s Top 30 Container Ports by 2018, Cosco Says

Chinese shipping giant Cosco has big plans for Piraeus aiming after its expansion to boost container volume by 35 percent by 2018.

Hellenikon Project in Greece Gets Parliament Go-ahead

An eight-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a multi-purpose hub, was given the green light by majority vote in Greek parliament.

Hellenikon Project to Bring in €14.1bn in Tax Revenue, Report Says

The massive and highly anticipated Hellenikon project along the Athenian Riviera is expected to boost state coffers by some 14.1 billion euros in tax revenues between 2016 and 2041, according to the Athens-based Foundation for Economic and Industrial Reseaerch (IOBE).

First-half Turnover Tops for Astir Palace Group

The Astir Palace Group, owners of the Astir Palace Resort located in the southern Athens suburb of Vouliagmeni along the Athenian Riviera, has posted first-half turnover to the tune of 15.2 million euros, up by 42 percent compared to 10.7 million euros a year ago.

Greek Tourism Enterprise Body GEPOET Talks Business in China

In efforts to promote the interests of its members, the General Panhellenic Federation of Tourism Enterprises (GEPOET) explored the potential of working together with Chinese sector professionals during Greek Prime Minister Alexis Tsipras’ recent visit to China.

Tourism, Infrastructure Top Greece-China Team Work

Tourism and infrastructure will be at the top of the Greece-China agenda of collaborative efforts, Economy, Infrastructure, Shipping and Tourism Minister Giorgos Stathakis said during a business forum on shipping held in Beijing.

Cosco to Dish Out Extra €500m for Piraeus Investment

Chinese shipping giant Cosco will dish out some 500 million euros over and above the paying price for the port of Piraeus, its managing director, Xu Lirong, said this week during talks with Greek Prime Minister Alexis Tsipras, who is in China on an official five-day visit to...

Greece-China Shake Hands on Culture, Science, Exports & Tourism

With the sale of a majority stake in the Port of Piraeus to Chinese shipping giant Cosco at the center of talks, Greek Prime Minister Alexis Tsipras sealed on Monday a number of deals with Chinese officials during his five-day visit this week to Beijing and Shanghai, aiming to...

Athens Riviera Astir Palace Resort Sale Gets Green Light

The Greek Council of State has approved amended plans for the sale of the historic coastal hotel resort Astir Palace to consortium Jermyn Street Real Estate Fund IV LP.

Cosco-OLP Deal Ratified Amid Blame-Game Over Changing Terms

The 300-member Greek parliament ratified by a 223-vote the sale of the Piraeus Port Authority (OLP) to Chinese shipping giant Cosco a day after the Hong-Kong based conglomerate said in letter that the terms for the deal submitted to parliament had been altered.