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

Crete’s Kastelli Airport Works to Kick Off in 2018

Works on the Kastelli airport project on Crete are said to begin next spring after the finalization of the 480-million-euro deal and its parliamentary approval expected in early 2018.

Hellinikon Investor Lamda Calling for More Actions Fewer Words

Lamda Development is ready to launch works at Hellinikon, as long as the Greek government displays the political will for the project to materialize.

Linking Agri-food and Tourism Set to Make Greece Stronger

Bringing together the country’s primary and secondary sectors can generate multiple economic benefits for Greece, it was concluded during a workshop in Athens.

Athens’ Historic King George Hotel Goes to Lampsa SA

Eurobank has accepted the pre-emption right of Lampsa SA for the acquisition of the five-star King George Hotel for 43 million euros.

Minister Says Hellinikon Project Moving Ahead ‘One Step at a Time’

Development of the delayed multi-million-euro Hellinikon project is moving ahead “one step at a time", according to Deputy Economy Minister Stergios Pitsiorlas.

Greece Presents Acquisition Opportunities at ‘TourInvest’

Within efforts to attract foreign direct investments to Greece, Secretary General for Tourism Policy Georgios Tziallas recently attended the TourInvest Forum in Paris.

Lamda Says Hellinikon ‘Cannot Be Materialized’ Due to Double Talk

Hellinikon Global, the managing investor of the Hellinikon project, said that the investment cannot proceed due to continuous set backs and political double speak.

Enterprise Greece: €1bn Worth of Investments in the Pipeline

One billion euros worth of investments are in the pipeline for Greece in the areas of tourism, energy, telecommunications and commerce.

New Greek-US Committee to Encourage Investment Activity

Economy Minister Dimitris Papadimitriou and US Ambassador to Greece Geoffrey Pyatt agreed to the creation of a Greek-US investment committee.

Four Seasons Astir Palace Hotel Athens Aiming for Spring 2018 Opening

The multi-million-euro revamp of the Astir Palace will proceed according to schedule with plans to open its doors to the public in spring next year.

One Prerequisite Down Nine to Go for Hellinikon Project to Move Ahead

Of the 10 conditions for the Hellinikon project to move ahead only one has been met, while investors say it will take a decade to clear outstanding issues.

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.