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Five Major Tourism Projects in the Pipeline, Awaiting Go-ahead

Five major tourism projects in Ithaki, Viotia, Chios, central Greece and Crete, are awaiting the green light under the country’s “Fast Track” law, which accelerates the licensing procedures for private-public investments.

Grace Group’s Messinia Tourism Project Gets Green Light

A massive tourism project in the region of Messinia, southern Greece, has received the go-ahead by the municipality following examination of its environmental effects.

Grace Mykonos, Santorini Welcome the Summer Season in Style

Grace Group’s Mykonos and Santorini luxury units have opened their doors to visitors, treating them to the finest in Greek hospitality, local cuisine and hands-on cultural happenings through their latest Bespoke Experiences.

Massive Argos Tourism Investment Kilada Hills Gets Green Light

The Council of State approved last week of a 418-million-euro tourism investment in the valley of Ermioni, near Argos in the Peloponnese.

Dolphin Capital Investors Return to Profit

Dolphin Capital Investors Ltd returned to profit in 2014 with its net asset value at 644 million euros, the company said on Wednesday, announcing that it was moving ahead with a strategy to separate its investments into core projects and non-core assets.

Kountoura Outlines Greek Tourism Policy

During her speech at the Economist conference in Athens, Greek Alternate Tourism Minister Elena Kountoura listed the main objectives of the government's tourism policy and said that the main target is to extend the season.

Minoan Sees 1st Half Revenue up by 18.6%, Crete Project Pending Approval

Travel and leisure company Minoan Group Plc announced last week that revenues for the first half of 2015 grew by 18.6 percent.

Massive Ios Tourism Project Gets Green Light

On the back-burner since 2014, a massive tourism project set to be erected on the Cycladic island of Ios by a Greek-American millionaire has received the go-ahead following a recent ministry decision.

Waterways in Greece Get ‘Green’ Light, Move to Next Phase

The waterway projects at four Greek destinations have received relevant environmental licensing and can now move to the next phase of completion while the government explores ways to incorporate the projects into the country's "Fast Track" law, which accelerates the licensing...

Major Corfu Tourism Unit Gets Go-ahead

A massive tourism complex including a five-star hotel, bungalows and holiday lodgings on the Ionian island of Corfu has received the go-ahead from the culture ministry.

Aldemar Group Invests in Ambitious Olympia Project

Looking to expand its services and meet the changing needs of the holidaymaker, Aldemar Group, one of the country’s leading hotel chains, is placing its bets (and capital) on the Peloponnese.

Forum to Explore Potential of the Athenian Riviera

Tapping into the vast potential of the Athenian Riviera - also known as the Athens' Gold Coast - will be the focus of a forum to be held at the Astir Palace Hotel in Vouliagmeni on Friday, April 22, serving at the same time as the official launch of the three-day "Blue Money Show”.

German, Chinese, Russian, UK Investors Cash in on Santorini

It᾽s no secret that Santorini is the place to see and be seen, and given Tuesday's Tripadvisor ranking naming the Greek island as the best in Europe and second best in the world, it’s no wonder investors are placing their bets there.

Culture Ministry Doublespeak Leaves Afantou Rhodes Investment Up in the Air

The culture ministry and Rhodes authorities are at loggerheads over a decision by the former to initially declare the area of Afantou as an archaeological site despite official plans to create a golf course there and then to release a statement saying the investment can proceed...

Greece: Big Tourism Investments in the Pipeline

The Tourism Ministry on Tuesday announced that investment plans for the development of luxury resorts in various Greek destinations were currently being processed in its special "one-stop-shop" service established to facilitate large-scale projects.

Major Luxury Tourism Projects Across Greece to Boost Economy

Foreign investors are placing their bets on Greek tourism with more than 3,200 new rooms in the pipeline.

Stournaras: Prospects for Greek Economy Positive, But Risks Remain

Bank of Greece governor Yannis Stournaras said on Monday that the Greek economy could see growth of 2.7 percent in 2017 under the condition that the second evaluation of the Greek programme was soon concluded by international creditors.

Greece to Participate in Expo 2020 Dubai

Greece has signed a letter of intent, confirming that it has joined the countries that have signed up to participate in Expo 2020 Dubai.

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.

Ikos Resorts Adds HolidayCheck Award to its Record

Ikos Resorts has added another distinction to its list after member Ikos Olivia was elected as the most popular luxury hotel in the world by HolidayCheck.