connect with us
Greece's latest tourism industry news by Greek Travel Pages (gtp)

Greek FinMin May Slap Short-term Rentals with 5% Tax

In efforts to tackle illegitimate home rentals, stem the practice which appears to be taking a bite out of the accommodation business and bring in much-needed cash to state coffers, the Greek finance ministry is considering taxing short-term leases by 5 percent.

Weak Spending, Last Minute Bookings Take Toll on Greek Tourism

Last-minute reservations and decreased spending combined with an onslaught of taxes are cited by the Greek Tourism Confederation (SETE) as the reason behind declining revenues from tourism this year.

Greeks Renting Out Homes Short-term the Latest Fad

All the more cash-strapped Greeks are renting out their properties to tourists in efforts to make ends meet while taking advantage of a vague legal framework, according to a survey by Danos Real Estate, Consulting & Valuation.

Greek Gov’t to Clamp Down on Unregistered Short-term Rentals

In efforts to ensure fair play, Greek finance ministry officials are examining measures to tackle a growing shadow hospitality sector resulting from unregistered short-term rentals which cost the economy some 250 million euros annually in lost taxes.

SETE: Greece’s Jan.-Aug. 2016 Incoming Traffic Marks Upturn

Incoming traffic through Greece’s main airports escalated in the first eight months of the year up by 6.5 percent or by an additional 753,000 arrivals, the Greek Tourism Confederation (SETE) said on Wednesday.

Greek Gov’t Migrant Center Plan Irks Islanders, Refugee Kids to get Schooling

Despite repeated pleas by authorities from the Greek islands bearing the brunt of the ongoing migrant influx, the government is making plans to “decongest” facilities, improve existent centers or create new ones without however providing a specific time frame or locations.

SETE Says ‘No’ to Hotspots at Greece’s Tourist Destinations

The Greek Tourism Confederation (SETE), representing over 50,000 businesses, is calling on the government to reconsider a plan to construct so-called hotspots, or refugee registration centers, at major tourist locations across the country.

Greece Tourism Body Says 11th-hour Travelers to Compensate for Lost Ground

Last-minute vacationers are offsetting losses recorded in the first summer months of the year with the Greek Tourism Confederation (SETE) indicating a 9 percent rise in the number of arrivals in July at regional airports and a 9.6 percent increase at Athens International Airport (AIA).

Mainland Greece Destinations Get August Tourism Boost

Tourism traffic for August is picking up pace particularly in mainland Greece destinations while British travelers are still hitting Greek shores despite Brexit fears and the devaluation of the pound against the euro.

Greece: Upward Battle for North Aegean Island Tourism

Regional authorities in the North Aegean region are expressing their concerns over the decreased numbers of tourists visiting the islands as a result of the ongoing influx of refugees there and the negative media coverage.

Last-Minute Bookings to Make or Break 2016 Tourism for Greece

While incoming air traffic to Greece for the January-June period marked a 4.9 percent increase, up by 278,000 arrivals, inbound road traffic dropped by 7.4 percent at a loss of about 337,000 arrivals compared to the same period in 2015.

SETE Chief Says 2016 ‘Last-minute’ Year for Greek Tourism

SETE President Andreas Andreadis' outlook for Greek tourism in 2016 is reluctantly optimistic, as he described it as a “last minute year” due to the inconsistency of bookings and said that the positive outcome is more due to the geopolitical events in the region rather than...

‘Guardian’ Sees Greece Tourism Upsurge Due to Safety, Stability

Athens is ready to host some 4.5 million visitors this year and the Guardian is describing the rising tourism numbers as a “miracle”, adding that much of the upsurge is linked to Greece’s safety record.

SETE Says New Greek Incentives Law Complex, Unclear

The new Greek incentives law tabled earlier this month which foresees deductions and exemptions, leasing and interest subsidies, and a 12-year fixed tax framework, must be simple with clear guidelines and deadlines for potential investors, the Greek Tourism Confederation (SETE)...

Kountoura: World Still Has Confidence in Greece, Tourism Figures on the Rise

With the tourism season ready to take off, Alternate Tourism Minister Elena Kountoura expressed her optimism during the recent 24th annual general assembly of the Greek Tourism Confederation (SETE), adding that she expects a record year and sees international interest in Greece...

Sector Body Says Greece Evaluation Process Thwarting Tourism

Greece’s ongoing negotiation and evaluation process may be taking a toll on tourism and forthcoming revenue, the Greek Tourism Confederation (SETE) said this week.

SETE Chief Says Overtaxation to Hamper Greek Tourism

The tourism sector, Greece’s strongest foreign currency attractor, is ringing alarm bells that the rise in value added tax to 24 percent - which was agreed on earlier Wednesday - will have a negative impact on incoming tourism for 2016.

SETE Chief Tweet of Q1 Dip in Greece Bookings Creates a Stir

A tweet on Wednesday by Greek Tourism Confederation (SETE) President Andreas Andreadis that tourism bookings for 2016 have taken a downturn compared to last year, has gotten the industry on edge.

Extra ‘Sleep’ Tax Angers Greece Hoteliers

Weeks before the official launch of the summer tourism season, Greece’s hoteliers are furious over a proposed tax on accommodation which comes on top of other levies imposed last year.

Sector Ready to Handle Tourists Dropping Turkey for Greece

The Greek tourism sector is rubbing its hands in expectation of the tourists who have dropped neighboring Turkey from their holiday agenda and instead opted for Greek shores.