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

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.

Plans for Skyscrapers at Hellinikon Raising Concerns

The Hellinikon project is facing a new obstacle as the Central Archaeological Council (KAS) must now decide on whether or not to allow the construction of six high-rise buildings.

Astir Palace Project Moves a Step Ahead After Minister’s Approval

Greek Culture Minister Lydia Koniordou has approved the investment plan and the environmental impact study for the overhaul of Astir Palace in Vouliagmeni.

Spatial Planning, Legality Top State Minister’s Agenda at Greek Tourism Industry Meet

Minister of State Alekos Flambouraris spoke of the importance of a structured spatial planning scheme for tourism at the recent SETE conference.

Tourism Body SETE Calls for Investment-friendly Environment in Greece

Greek Tourism Confederation (SETE) President Yiannis Retsos has called for a stable and friendlier investment environment in Greece.

Greek Archaeological Council Gives Asteras Vouliagmeni Clearance

Greece's archaeological council has approved environmental impact studies submitted for the development of the Asteras peninsula in Vouliagmeni.

Kountoura: Greece a Bridge for Cooperation Between East and West via Tourism

Greece’s role as the link between East and West was the focus of Tourism Minister Elena Kountoura’s address during the EU-Eurasia-China Business summit.

TUI on Greece: ‘We are Here to Stay’

Travel giant TUI is interested in strengthening its investment in destination Greece and extending the country's tourism season.

Thirty Hectares at Hellinikon Former Airport Declared as Archaeological Site

The Greek Central Archaeological Council has decided that some 30 hectares of the 620-hectare plot at Hellinikon will be classified as an archaeological site.

Piraeus Bank Backs SMEs with €700m, EIB Opens New Athens Office

Small and medium-sized businesses in Greece will be able to tap into a total of 700 million euros of funding by EIB, EIF and EBRD, through local Piraeus Bank.

Greek Archaeological Council Postpones Decision, Hellinikon Project on Ice

The Hellinikon project is still in limbo after the Central Archaeological Council postponed its decision on whether the site has areas of archaeological importance.

EIB to Finance Greek Tourism Infrastructure Projects

In efforts to support tourism infrastructure projects in Greece, the European Investment Bank (EIB) is planning to approve loans of up to 2 billion euros, according to European Commissioner Corina Crețu.

PM, Governor Highlight Crete’s Potential for Growth

The completion of the so-called north road axis, the airport at Kastelli and peripheral roadway networks are the top priorities for authorities on Crete.

Qatar’s Al Rayyan Canceling Plans to Invest in Greece

Qatari state company Al Rayyan has said that it will cancel investment activities in Greece because the country's "attitude towards investors is negative".

Forestry Dept, Archaeology Council Still Keeping Hellinikon Project on Hold

Set to bring billions of euros into state coffers and create over 70,000 jobs, the Hellinikon project along the up-and-coming Athenian Riviera is still on hold.

Fraport: Airport Upgrade Projects in Greece Proceeding as Scheduled

Transport company Fraport has informed that infrastructure upgrades at the 14 Greek airports it manages will begin this autumn.

Greek Travel Startup ‘Welcome Pickups’ Clinches Funding, Ready for Expansion

Greek travel startup Welcome Pickups has clinched seed funding of 1.65 million euros to be used to expand services and boost its network of destinations.

French President Macron: Greece is Returning to Growth

President Emmanuel Macron arrived in Athens on Thursday, September 7, and expressed France's support to Greece's effort for recovery and prosperity.

Hellenikon Project Turning into Pipe Dream Amid Approval Games

The multi-billion-euro Hellenikon land project on the Athenian Riviera has received the green light from the Central Council for Modern Monuments.

Multi-billion-euro Hellenikon Investment Dogged by Delays… Again

The highly anticipated Hellenikon project along the Athenian Riviera has run into the scrutiny of Greece’s Central Archaeological Council (KAS).