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

YES to Shipping Forum Reaches Out to Greece’s Next Generation

Aiming to reach out to the younger generation and offer training opportunities, the “YES To Shipping Forum 2018” was recently held within the Ρosidonia Exhibition in Athens.

Greece Gets Eurogroup Green Light to Exit Debt Program

Greece will receive its final 15-billion-euro bailout tranche after successfully completing its fourth assessment and will exit its nearly eight-year-long aid program on August 20.

Greece Investment Options Top NY Roadshow Agenda

Greece's investment opportunities are at the center of attention in New York this week during the Greek Investment Roadshow running through to June 22.

Commitment to Reforms Key to Regaining Investors’ Trust in Greece, Says ESM Head

Commitment to economic reforms is vital if Greece wants to attract foreign investments, said the head of the European Stability Mechanism (ESM), Klaus Regling.

Posidonia Shipping Event Sets Sail for 2020

With over 2,011 exhibiting companies and some 22,000 visitors from 92 countries, the biennial Posidonia shipping trade show aims to set new records in 2020.

Greece Eyeing Tax Incentive Plan for Investors in Shipping

The Greek government is looking into a taxation plan that aims to attract foreign shipping interests seeking to invest, according to the head of Greece’s shipowners union, Theodoros Veniamis.

Greek Shipping a National Asset Says Union Head

Shipping should be recognized as a “national asset” with significant economic benefits for the country, according to Union of Greek Shipowners President Theodore Veniamis.

Greece has Tourism Education Upgrade on the Agenda

The Tourism Ministry aims to update Greece's tourism education in view of the sector’s leading role as a pillar of the Greek economy.

‘EquiFund’ Set to Stimulate Greek Innovation, Entrepreneurship

Contributing to the speedy recovery of the Greek economy, the EquiFund initiative aims through funding to spur innovation and pave the way for new investments.

PwC: Greece Must Boost Bed Capacity to Remain Competitive

Boosting accommodation capacity at popular destinations and accelerating hotel upgrades are key in order for Greece to achieve growth, a recent PwC study reveals.

WTTC: Greek Tourism Key Economic Driver in 2017, Set for Growth in 2018

The total contribution of travel and tourism to Greece's GDP amounted to 35 billion euros in 2017 and is forecast to rise by 5.3 percent in 2018, according to the WTTC.

SETE Empowers Greek Tourism in Brussels

The Greek Tourism Confederation (SETE) recently visited Europe’s decision-making center, Brussels, to highlight the significance of Greek tourism.

UBS: Greece Set for Bailout Exit ‘Healthier’ than Expected

Greece is set to exit its bailout program and move towards growth in 2018 and 2019, according to a report by Swiss financial services provider UBS.

Refineries, Hospitality Come Out of Greece Crisis Stronger

Oil refineries and hotel ventures came out of the Greek economic crisis stronger, increasing turnover in the 2006-2016 period by more than 20 percent.

Greek Real Estate Tax Hinders Property Investment Market

The Greek economy is losing in foreign investment due to a levy imposed on real estate investment companies (REICs) as of 2016.

Greek Tourism Sector to Shoulder Tax Burden in 2018

Greece’s tourism sector is set to bear the brunt of the country’s economic recovery according to the economy ministry’s latest set of measures set to take effect in 2018.

Kos, Lesvos Tourism Professionals Urge Gov’t to Scrap ‘Stayover’ Tax

Tourism professionals on the islands of Kos and Lesvos are calling on the government to scrap an imminent “stayover" tax.

Greece is an Attractive Investment Destination, Says PM Tsipras

Greece is returning to growth and has become an attractive investment destination, according to Prime Minister Alexis Tsipras.

IOBE Think-tank: Coastal Shipping Boosts Greek Economy by €2.3bn in 2016

Coastal shipping bolstered the Greek economy by 2.3 billion euros in 2016, according to a study by the Foundation for Economic and Industrial Research.

Controversial ‘Stayover Tax’ Expected to Impact Greek Hotel Sector, Economy

Greece's economy and hotel sector are expected to see losses when the so-called "stayover tax" comes into effect in 2018, says a Grant Thornton study.