Greece Sees Investment Boom in Luxury Resorts and Branded Hotels

By admin 11 Φεβρουαρίου 2022 No comment

The Naxos Resort Beach Hotel. Despite the ongoing Covid-19 pandemic, Greece is seeing a good number of local and international players investing in the hospitality sector. According to the latest report released by GBR Consulting and announcements by hotel enterprises, a number of new entries are expected in the Greek tourism scene following transactions and […]

Greek Hoteliers Urge Health Protocols for Airbnb-style Rentals

By admin 10 Νοεμβρίου 2021 No comment

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Greece’s hoteliers called on the government to implement Covid-19 health and hygiene protocols for short-term rentals in order to protect legal accommodation operations and ensure the quality of the country’s tourism product. In a letter to Minister of State Giorgos Gerapetritis and Greek Deputy Minister to the Prime Minister Akis Skertsos, the Hellenic Hoteliers

Greek Hoteliers Expect Recovery in 3 to 5 Years

By admin 14 Οκτωβρίου 2021 No comment

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The Hellenic Hoteliers Federation’s Board of Directors. Greek hoteliers hit by the Covid-19 crisis will start recovering losses in three to five years’ time, said Hellenic Hoteliers Federation (POX) President Grigoris Tasios during the the body’s general assembly held in Athens on Thursday. “Following two years of the pandemic, the average decline in turnover is

Greek Hotels Have No Liquidity to Re-open Operations, Says Federation

By admin 29 Απριλίου 2021 No comment

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Hellenic Federation of Hoteliers President Grigoris Tasios. Just 15 days ahead of the country’s official opening to tourists, Greece’s hoteliers are calling on the government to take immediate action and support the Covid-19-hit sector, which it says, is lacking the necessary liquidity to restart operations. “Fifteen days before the official opening of tourism and we […]

EBRD: Slow Economic Recovery Due to Covid-19 Uncertainty

By admin 1 Οκτωβρίου 2020 No comment

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Photo Source: EBRD The European Bank for Reconstruction and Development (EBRD) is forecasting an overall 3.9 percent contraction across its 38 economies in 2020 and a 3.6 percent return to growth in 2021, it said this week. The EBRD report cites a high level of uncertainty due to Covid-19 and reveals that more people in EBRD […]

Covid-19 Drives Athens Hotel Prices Downward

By admin 6 Αυγούστου 2020 No comment

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The coronavirus (Covid-19) pandemic is putting pressure on Athens hoteliers to lower their prices as all the more travelers from Greece’s main source markets prefer to cancel their holiday plans rather face Covid-19 measures. According to a study carried out by YouGov on July 13-23, half of vacationers from Germany, the UK and France – […]

Greek Hoteliers Expect 67% Drop in 2020 Turnover

By admin 16 Ιουλίου 2020 No comment

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Dmitry Kalinovsky / Shutterstock.com Greek hoteliers are expecting to see their turnover drop by 67 percent this year with 6.4 percent opting to remain closed due to lagging demand and lack of liquidity, as a result of the Covid-19 crisis, the fourth study in series carried out by the Institute for Tourism Research and Forecasts […]