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

Bad Loan Situation of Greek Tourism Enterprises on Minister’s Agenda

The issue of bad loans of tourism enterprises in Greece was on the agenda of talks of Greek Tourism Minister Harry Theoharis and representatives of PQH.

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.

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.

EU Looks to Address Bad Loans with ‘Ambitious’ Plan

In efforts to reign in non-performing loans across the EU, the European Commission has announced a package of “ambitious” measures.

Greek Hotels Go Under the Hammer Due to Bad Loans

Tourist arrivals might be booming in Greece, but a large number of tourism businesses are set to go to the highest bidder in the coming period.

Greek Hotels to Go on the Auction Block in 2018

Several hotels in Greece, located in destinations such as Crete and Rhodes, will go up for auction in the first half of 2018 due to defaults on bank loans.