TUI Group Sees Recovery, Normal Booking Levels in 2022

By admin 13 Δεκεμβρίου 2021 No comment

Global leisure travel giant TUI Group said bookings for 2022 are “encouraging” and that it expects in summer 2022 to recover booking levels, adding that it has so far achieved 69 percent of pre-crisis level bookings. Announcing its fourth financial quarter results for 2021, the global tour operator said it was “taking another step out […]

Eurogroup Approves Release of Next €767m Tranche for Greece

By admin 7 Δεκεμβρίου 2021 No comment

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Photo source: @EUCouncil The Eurogroup approved the release on Monday of 767 million euros in aid as part of Greece’s enhanced surveillance and debt support program, said Greek Finance Minister Christos Staikouras. Eurozone finance ministers who met in Brussels on Monday and were briefed on the findings of the Commission’s 12th enhanced surveillance report for […]

EY: Recovery Funding to Advance Greece Investor Activity

By admin 7 Δεκεμβρίου 2021 No comment

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Greek Deputy Development & Investments Minister Yannis Tsakiris. Dozens of projects are up for EU funding approval establishing Greece as key investor destination, according to Deputy Development & Investments Minister Yannis Tsakiris. “Greece has become a very attractive investment destination for foreign investors and a unique window of investment and development

Tourism to Greece Stimulates Tax Free Shopping in 2021

By admin 6 Δεκεμβρίου 2021 No comment

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Photo source: www.globalblue.com Tax free shopping in Greece did well this year achieving 77 percent in turnover in June-September 2021 compared to the corresponding period in 2019, bringing the country in the lead in Europe, said tax free shopping provider Global Blue. According to findings released by the Switzerland-based company, Greece was way ahead of […]

OECD Forecasts 6.7% Growth for Greece in 2021

By admin 6 Δεκεμβρίου 2021 No comment

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Athens, Greece. Photo source: Visit Greece / Y. Skoulas The Organization for Economic Cooperation and Development (OECD) is forecasting the Greek economy will grow at a rate of 6.7 percent this year and 4.8 percent in 2022 driven by investments and national recovery-funded projects. The estimates roughly fall in line with the projections made by […]

UNWTO: 2021 Int’l Tourism Arrivals to Remain 70-75% Below 2019 Levels

By admin 30 Νοεμβρίου 2021 No comment

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Photo source: UNWTO International tourist arrivals in 2021 are set to remain 70-75 percent below 2019 levels, marking a similar decline as in 2020, said the World Tourism Organization (UNWTO) in its November 2021 World Tourism Barometer this week. Commenting on the data, analysts add that the global tourism economy will continue to be highly […]

Athens Hotel Occupancy Levels Pick Up in June-Oct but Problems Remain

By admin 26 Νοεμβρίου 2021 No comment

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Occupancy levels at hotels in the Greek capital are still running low impacted for a second year in a row by the Covid-19 pandemic, according to data presented this week by the Athens – Attica & Argosaronic Hotel Association (EXAAA) despite June-October figures indicating positive signs of recovery. According to data by GBR Consulting, average […]

CLIA – Greek Gov’t Discuss Cruise Sector Priorities for 2022

By admin 26 Νοεμβρίου 2021 No comment

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The safe resumption of cruise travel in 2022, port operations, responsible tourism and decarbonization topped the agenda of talks between Cruise Lines International Association (CLIA) – Europe executives and Greek government officials this week. More specifically, in her first visit to Greece, CLIA’s newly appointed Director General for Europe, Marie-Caroline Laurent, and

Commission: Tourism Helping Greece Economic Recovery

By admin 25 Νοεμβρίου 2021 No comment

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Τhe Greek economy is recovering despite the Covid-19 pandemic but due to the high level of debt, Greece must maintain sustainable public finances, said the European Commission in its 12th enhanced surveillance report released on Wednesday. The Commission is forecasting growth in 2021 to reach 7.1 percent – fast approaching pre-pandemic economic activity levels – […]

Greece Aiming for March 2022 Cruise Travel Start

By admin 24 Νοεμβρίου 2021 No comment

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Cruise Lines International Association (CLIA) – Europe and the Greek Tourism Ministry are aiming to kickstart cruise travel to Greece in March 2022. The decision was announced following a meeting in Athens between Tourism Minister Vasilis Kikilias, Marie-Caroline Laurent, director general CLIA in Europe and Maria Deligianni, CLIA National Director – Eastern Mediterranean.