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Study Confirms Greek Hotel Sector Comeback in 2023

An ITEP study found that the Greek hotel sector recovered in 2022, with increased turnover and strong performance in August compared to pre-Covid levels.
Posted On 07 Apr 2023
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ITEP: Energy Costs, Staff Shortages and War Weighing Down on Greek Hotel Sector

After the Covid-19 pandemic, the Russia-Ukraine war, soaring energy prices and lack of staff are taking a toll on Greece’s hotel sector.
Posted On 08 Dec 2022
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Greek Hotel Chamber Chief Calls for Consensus, Strong Tourism Strategy

Hellenic Chamber of Hotels President Alexandros Vassilikos cites five areas that are key to ensuring that Greece's strong tourism dynamic continues into the future.
Posted On 03 Jul 2019
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Lesser-known Destinations, 3-star Facilities are Opportunities for Hotel Investors in Greece

Investors seeking to tap into Greece’s growing hospitality market should focus on lesser-known destinations and 3-star hotels, says Arbitrage Real Estate.
Posted On 18 Feb 2019
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Hotel Sector Contributes to Greek Economy, BoG Report Finds

The Greek hotel sector in the 2010-2017 period contributed to Greece's economy in terms of employment, the Bank of Greece (BoG) said in its Interim Report on Monetary Policy 2018.
Posted On 27 Dec 2018
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Real Estate Study Says Bad Hotel Loan Portfolios a Hidden Opportunity

Investment groups handling non-performing loan portfolios stand to gain from the hidden value of the properties serving as collateral.
Posted On 14 Dec 2018
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Greek Hotel Federation Head Meets with Labor Minister

Hellenic Hoteliers Federation (POX) President Grigoris Tasios recently brought specific issues of the Greek hotel sector to the attention of Labor Minister Efi Achtsioglou.
Posted On 11 Sep 2018
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Paros Island. Photo Source: http://likenoother.aegeanislands.gr
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Liquidity, Return of Rival Markets Break Greek Tourism Spell

Limited access to cash on top of recovering rival markets are taking a bite out of Greece’s tourism sector in terms of arrivals and revenue, according to market experts.
Posted On 12 Feb 2018
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Hellenic Chamber of Hotels President Alexandros Vassilikos.
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Greek Hotels Chamber Sets Out Goals for 2018

Key issues that must be addressed so as to "unlock" the Greek hotel sector’s full potential were underlined at the 7th Hellenic Chamber of Hotels General Assembly in Athens.
Posted On 09 Feb 2018
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Photo source: Athens – Attica & Argosaronic Hotel Association
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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.
Posted On 08 Feb 2018
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Kastelorizo ©Haris Vythoulkas/ Shutterstock
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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.
Posted On 27 Dec 2017
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Plomari, Lesvos. Photo Source: Municipality of Lesvos
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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.
Posted On 18 Dec 2017
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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.
Posted On 11 Oct 2017
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Record Visitor Numbers at HORECA 2017 Expo

The HORECA 2017 trade show this year attracted a total of 125,000 professionals from 48,000 business of the hotel sector and the wider food market.
Posted On 20 Feb 2017
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Greek Hoteliers Mildly Optimistic for First Three Months of 2015

The Greek hotel sector is mildly optimistic for the first quarter of 2015 and expects slight improvements in occupancy levels and room rates for the market in general in comparison with the performance of last year.
Posted On 02 Feb 2015
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Greek City Hoteliers Most Positive On 2014 Third Quarter Outlook

Greece's city hoteliers have a very positive outlook for the performance of their units in the third quarter of 2014 on all levels, while resort hotels are slightly more cautious in their predictions.
Posted On 01 Aug 2014
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Conference In Thessaloniki To Focus On New Tourism Bill

The new tourism bill that was submitted for public consultation in January will be the main topic of a conference to be held Sunday, 21 April, at the Makedonia Palace Hotel in Thessaloniki.
Posted On 12 Apr 2013
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Barometer: Greek Hoteliers Optimistic For 2013

The Greek hotel sector is optimistic for 2013 overall, with increasing occupancy levels and stabilizing room rates, according to the latest tourism barometer report conducted by GBR Consulting on the expectations of the Greek hospitality sector in 2013.
Posted On 02 Feb 2013
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Yiannis Retsos, Hellenic Federation of Hoteliers President
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Yiannis Retsos

The current period is without a doubt characterized by the turbulent and painful process of restructuring the basic structure of the Greek State and the effort to control the most important financial and economic figures and indicators.
Posted On 01 Nov 2011
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GNTO Forms Committee With Hotel Chamber

The Greek National Tourism Organization (GNTO) and the Hellenic Chamber of Hotels last month established a joint committee aimed to solve problems between the Greek hotel sector and the Greek State.
Posted On 01 Jun 2011
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