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

Greece Suggests 13% VAT Rate for Hotels in its Bailout Proposal to Creditors

A value-added-tax (VAT) rate of 13 percent on Greek hotels and the elimination of discounts on the country's most popular islands, are included in the proposal the Greek government submitted to its international creditors on late Thursday, in hope of reaching an agreement on a...

VAT Rate on Greek Hotels: Lenders Want 23%, Greece Says 13%

Greece's creditors seem determined to impose the value-added-tax (VAT) rate of 23 percent on both accommodation and food services and do away with the reduced VAT rate that currently applies to the Aegean islands.

SETE: Tourism is at the Forefront to Support Greece

"Tourism will not surrender but continue to work hard to preserve the jobs it has created, to support the state's revenue... and to climb even higher in the world rankings of competitiveness", the president of the Greek Tourism Confederation (SETE), Andreas Andreadis, said on...

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.

Greece Hotel VAT Hike Could Put a Damper on 2015 Tourism Expectations

The Greek Tourism Confederation (SETE) has outlined the importance of maintaining the current value added tax (VAT) rate on the Greek hotel industry, in a letter sent today to Finance Minister Yanis Varoufakis.

Greek Tourism Industry Body Hopes For Reduction In Insurance Contributions

A reduction in insurance contributions could be the next best thing for Greek tourism following the lessened value-added tax rate on food services, according to the Association of Greek Tourism Enterprises (SETE).