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

Greece Soon to Slash VAT on Tourism – Minister

The value-added tax (VAT) charged on Greece's tourism-related services will very soon be slashed to the 13 percent rate, according to Greek Tourism Minister Harry Theoharis.

Special VAT Rate on Five Greek Islands Extended Until End of 2019

The reduced VAT regime for five Aegean islands in Greece – Leros, Lesvos, Kos, Samos and Chios – has once again received a six-month extension.

Greek PM Repeats Promise to Slash VAT Rate on Hotels in 2020

Greek Prime Minister Alexis Tsipras reminded the tourism sector of his promise to cut the value-added tax (VAT) rate charged on hotels in 2020.

‘Stayover Tax’ Charged to Short-day Hotel Stays in Greece

The "stayover tax" in Greece will also be charged to short-day hotel stays and overnights at Airbnb-style rentals that offer additional hospitality services.

Greece Clarifies When Airbnb-type Rentals are Subject to VAT

Greece’s Independent Authority for Public Revenue (AADE) has issued a circular that clarifies which properties rented for the short-term are subject to VAT.

Greek Ferry Companies Express Concern on Summer Passenger Traffic

Greece's recent “bank holiday” and the restrictions on cash withdrawals for Greeks led to a 70 percent drop in ferry bookings.

Effective Dates of VAT Rate Changes for Tourism-related Services in Greece

The value-added tax (VAT) rates for many basic goods and services in Greece have increased from July 20, 2015, according to a new law recently published in the Greek Government Gazette.

Greek PM: A VAT Hike On Tourism is Irrational

Raising the Value Added Tax (VAT) on restaurants and tourism is irrational, Greek Prime Minister Alexis Tsipras said on Tuesday night during an interview to state broadcaster ERT.

Kountoura: No Change in Tourism’s VAT Rate Until October

Greek Alternate Tourism Minister Elena Kountoura on Wednesday assured that any changes in the Value Added Tax (VAT) rate for tourism related activities would be put into effect as of October.

SETE: VAT Rise Will Damage Tourism and Wipe Out 200,000 Jobs in Greece

A possible increase of the Value Added Tax (VAT) will have "catastrophic consequences" on tourism, representatives of the Greek Tourism Confederation (SETE) said on Tuesday after their meeting with the President of the Hellenic Republic, Prokopis Pavlopoulos.

Mykonos and Santorini May Face VAT Hike

The Greek Government may increase the Value Added Tax (VAT) rate for the popular islands of Mykonos and Santorini, according to Alternate Finance Minister Dimitris Mardas.

Ernst & Young Report Warns Against Greece Hotel VAT Hike

A possible Value Added Tax (VAT) increase on hotels in Greece, from the current 6.5 percent to 13 percent, would be "catastrophic" for the country's economy and employment sector, according to the Greek Tourism Confederation (SETE).

Possible Hotel VAT Increase in Greece Sparks Reactions

Greek tourism professionals are up in arms over the government’s intention to increase the Value Added Tax (VAT) rate for hotel accommodation from 6.5 percent at present to 13 percent. The news has caused a number of reactions from Greek tourism bodies, hotel associations and...