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SouthBridge Europe Backs HotelBrain with 3m Euros

Investment fund SouthBridge Europe has inked a deal with Greek hotel management company HotelBrain to finance its development plan.

Dolphin Seeks Partners to Fund Kilada Hills, Kea Projects

One of the largest private seafront landowners in Greece and Cyprus, Dolphin Capital Investors, is seeking strategic partners for its latest tourism projects: the Kilada Hills Golf Resort, to be located in Ermionida valley in Argolis, and for its Kea plans.

Major Greece Tourism Works to Get Underway Backed by Juncker Plan

Tourism is among the first sectors in Greece to receive EU funding to the tune of 112 million euros for three projects in addition to a fourth included in the infrastructure transport sector, under the EU Infrastructure Investment Plan.

Kountoura Promotes Greece During 10th LA Greek Film Fest

While recently in Los Angeles, Alternate Tourism Minister Elena Kountoura discussed ways to promote Greece during meetings with investors, tour operators and US film industry professionals.

Six Greek Airports Get Funding, Move to Upgrade

Six regional airports in Greece will get EU funding to the tune of 197 million euros towards their upgrade under the EU Infrastructure Investment Plan, the Greek Infrastructure, Transport and Networks Ministry announced.

HotelBrain Promotes Mykonos Kitesurfing on Red Bull Wings

Hotel management company HotelBrain joined forces with energy drink Red Bull to promote kitesurfing by hosting world champion Gisela Pulido at the Mykonos Waves Hotel recently.

HotelBrain Family Grows, Welcomes 16 New Units Onboard

Greek hotel management company HotelBrain has added 16 new member hotels to its roster, expanding its business activity to include leasing accommodation units under its new subsidiary, HotelBrain Capital.

Application Deadline for Tourism, New Media Subsidies Jan. 31

January 31 is the deadline for all interested parties wishing to gain access to subsidies under the new development law estimated by the end of 2020 to distribute some 4.2-4.3 billion euros.

Minister Kountoura Calls for United Stand for Greek Tourism

Tourism Minister Elena Kountoura called on sector professionals and the country's productive forces to cooperate more closely to strengthen Greek tourism.

Greek Golden Visa Program to Include Bond Buyers

The Greek economy ministry will expand the investment visa program to include extending "gold visas" to foreign nationals investing at least €250,000 in bonds/shares.

Alpha Bank: Greek Tourism to Stimulate Growth by 20% in 2018

Greek tourism is set to play a leading role in the recovery of the Greek economy estimated at boosting the GDP by 20% in 2018, Alpha Bank analysts said.

Property Tax Burden Forcing Greek Isle Owners to Sell at Discount

All the more Greek islands, currently 40, are up for sale with prices going down by as much as 60 percent since the beginning of the crisis.

China, Russia, Turkey Investors Top Golden Visa Greece List

The largest number of buyers seeking to invest in Greece, through the "golden visa" program, are from China, Russia and Turkey.

‘Atalanti Hills’ Tourism Project Goes to Greece’s Council of State

A draft Presidential Decree, concerning the 1.5-billion-euro tourism investment of Atalanti Hills, has been submitted to the Council of State for approval.

Kountoura: Greek Tourism’s Strong Momentum will Continue in 2018

Greek tourism's strong momentum will continue in 2018, following a record year of arrivals, according to Tourism Minister Elena Kountoura.

Dozens of Greek Tourism Projects Included in New Subsidy Scheme

Dozens of tourism projects are among 70 large-scale investment ventures in Greece, included in the government’s “general entrepreneurship” scheme under the latest development law.

Ministry Invites Spain to Invest in Greek Tourism

Secretary General for Tourism Policy and Development George Tziallas recently invited Spanish investors to explore the significant opportunities of Greek tourism.