X Industry news

The Hellenic Gaming Commission has announced a tender for a casino license slated to run at Hellinikon, an €8 billion project to develop Athens’ former airport complex into a multi-purpose hub.

Α bill paving the way for public-private partnerships and sub-concessions for the commercial exploitation of 10 Greek ports has been approved by the Greek parliament.

Three new Athens metro stations – at Agia Varvara, Nikaia and Korydallos –  along the Airport-Agia Marina blue line are set to open this summer.

Greek airports welcomed 2.1 million passengers in January 2019, thus starting the year with 9.7 percent traffic growth, according to data released by the Hellenic Civil Aviation Authority.

European Union member states are backing a Commission proposal to modernize the union’s common visa policy in order to facilitate travel and ensure internal security.

A number of projects included in Cosco’s master plan to develop the port of Piraeus, were not approved by Greece’s Port Planning and Development Committee.

The total of Greek tourism revenue in 2018 reached an all time high of over 16 billion euros, according to data by the Bank of Greece.

The construction of two multi-storey buildings in the immediate surrounding area of the Acropolis in Athens, has spurred a strong reaction of locals.

Tourism and travel bodies have appealed to EU authorities to move towards an integrated European tourism policy with strategic funding at EU level.

An inter-ministerial committee for strategic investments has approved three tourism projects and a shopping/recreation center in Greece, budgeted at €333.8 million.

Duty free sales with emphasis on fashion, watches and jewelry, increased in 2018 on the back of a good year in 2017 and driven by the stronger tourist flows to …

The unregulated expansion of home-sharing practices is negatively affecting the quality of tourism and Greek society as a whole, according to Greece’s hospitality body SETKE.

EU authorities have agreed on the first-ever rules aimed at ensuring a transparent business environment for traders and businesses selling online.

Restoration works on the largest open-air theater in the Central Greece region of Thessaly, the First Ancient Theater of Larissa, will be completed in 2022.

The Region of Attica and the Hellenic Chamber of Hotels have agreed to cooperate towards the development of additional tourism options in Attica.

Greece aims to evolve into a leading policy-maker on tourism development in the Mediterranean region, says Greek Tourism Minister Elena Kountoura.

The Hellenic Federation of Hoteliers and the Special Service of Emergency Rights Management – EYED have signed a MoU, in efforts to relieve hoteliers of steep fees for the use of music.

Turnover for Piraeus Port in Greece increased by 19.2 percent in 2018 to 132.9 million euros against 111.5 million euros in 2017.

Airlines have slashed the number of scheduled seats to Greece by 7 percent, or 1.3 million, this year compared to 2018, according to findings released by INSETE.

Investors seeking to tap into Greece’s growing hospitality market should focus on lesser-known destinations and 3-star hotels, says Arbitrage Real Estate.