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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
, By
Mozambique President Joaquim Chissano and Athens Mayor Giorgos Kaminis.
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Athens Democracy Award Goes to Mozambique’s Joaquim Chissano

Joaquim Chissano, Mozambique’s second president, was bestowed with the 3rd City of Athens Democracy Award by Athens Mayor Georgios Kaminis.
Posted On 18 Sep 2018
, By
pixabay
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Investors Eye Five-star Hotels as Greek Hospitality Market Changes

All the more investors are setting their sights on Greece, as tourism flows increase and businesses with non-performing loans need a way out.
Posted On 29 Aug 2018
, By
The Acropolis, © GTP
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New US Travel Advisory Says Greece Safe Destination

Greece is among the world’s safest destinations, according to a new travel advisory system assessing security conditions for American holidaymakers, announced by the US State Department.
Posted On 11 Jan 2018
, By
Refugees arrive on the Greek island of Lesvos after crossing the Aegean Sea from Turkey.
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Migrant Influx Crushes Greek Island Tourism Hopes

The North Aegean islands bearing the brunt of the refugee crisis for over a year now are seeing their tourism industry crumble as hopes of any improvement are gradually dying out.
Posted On 03 Jan 2017
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Hellenikon Project: Casino Resort with Skyscraper First to Go Up?

The first building to be constructed as part of an eight-billion-euro project to develop Hellenikon, Athens’ former airport is said to be a casino resort on the Agios Cosmas marina along the Athenian Riviera.
Posted On 05 Dec 2016
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Greece Readies for US President Obama Visit

Outgoing US President Barack Obama will be in Athens on Tuesday and Wednesday, and will meet with government officials to discuss among other things ways for Greece to be given “meaningful debt relief” in efforts to offer the Greek people hope.
Posted On 14 Nov 2016
, By
Cruiseship at the Mykonos Port
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Greece: Cruise Tourism Needs A Strategic Plan

Greece expects record number of tourists this year. However, the future of tourism, which in recent years has created great expectations for the country, may be in danger, according to a recent report.
Posted On 25 Aug 2014
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Tourist Road Arrivals In Greece On The Up

Greek tourism arrivals by road are expected to surpass the 5-million mark for the first time ever this year.
Posted On 22 Aug 2014
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State Subsidies Approved For Creation Of New Hotels In Greece

The Greek Development Ministry has given the go-ahead for 100 million euros of state subsidies to be allocated for the development of hotels on popular Greek islands.
Posted On 21 Aug 2014
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Greece Expects To Welcome 1 Million Turkish Tourists This Year

For the first time in history, around one million Turkish tourists are expected to visit Greece.
Posted On 18 Aug 2014
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Leading Hotel Groups Show Interest In Greece

Leading hotel groups such as the Four Seasons have expressed interest to invest in Greece, according to Greek Tourism Minister Olga Kefalogianni.
Posted On 04 Aug 2014
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New Proposals For Greek Coastline Submitted

Legislation included in a multi-bill submitted to Parliament by the government on 29 July seeks to clearly mark out Greece’s coastline.
Posted On 30 Jul 2014
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Greece Sees Big Increase In Tourism Revenue, Arrivals

Total travel receipts in Greece posted a 17.3 percent increase in the first quarter of the year compared with the same period in 2013.
Posted On 06 Jul 2014
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Greece’s International Visitor Surge Continues

Greece has seen an impressive 21 percent leap in international visitor arrivals in the first four months of the year, according to data released by the Civil Aviation Authority.
Posted On 27 May 2014
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Environmental Groups Slam Greek Coastal Development Bill

Environmental groups in Greece have slammed a draft law on coastal development prepared by the Greek Finance Ministry, claiming it will cause irreversible damage to Greece’s fragile ecosystem and in the long term damage its tourism sector.
Posted On 02 May 2014
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Bank Of Greece: Tourist Spending Up In Jan-Feb 2014

Greek tourism has hit the ground running this year following 2013’s major increase, as revenues have grown by 17.3 percent in the first two months from the same period last year to reach 294.1 million euros.
Posted On 17 Apr 2014
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Kefalonia Remains Safe Tourist Destination, Says Greek PM

Greece's Prime Minister Antonis Samaras expressed the government's strong will in assisting the Ionian island of Kefalonia to return to normality following a recent 5.9 Richter earthquake.
Posted On 29 Jan 2014
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Greece: Yearly Rise In Arrivals By Air The Highest In Europe

Arrivals by air from abroad last year grew by 8.8 percent year-on-year reaching 14.31 million, compared with 13.15 million in 2012, thanks to increased activity from the Russian, French and US markets.
Posted On 27 Jan 2014
, By
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Tourism Arrivals In Jan-Sept 2013 Rose By 15 Percent

The impressive course of Greek tourism last year has been officially confirmed by the international arrivals data for the first nine months of 2013 published recently by the Hellenic Statistical Authority (ELSTAT).
Posted On 24 Jan 2014
, By
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