ILIAS BELLOS

Tourism needs infrastructure

As Greece prepares to welcome the highest number of foreign visitors in its history, basic public infrastructure remains woefully inadequate.

Tourism provides third of Greek GDP, most jobs

One in three euros that Greece earns each year comes from tourism, demonstrating the Greek economy’s dependence on the sector.

11.04.2024 / 22:04

Ship repair industry is on the mend

Slowly but surely, ship numbers and the volume of ship repair work in Greece are increasing.

02.04.2024 / 04:00

Pharma heads meet in Athens

Prime Minister Kyriakos Mitsotakis will have meetings with 20 managing directors and five presidents of associations from the largest multinational biopharmaceutical groups.

29.03.2024 / 09:19

Mykonos falls victim to its own success

Despite promising signs for other parts of the country as regards the number of flights and seat bookings for the 2024 tourism season, Mykonos is seeing a decline in both indices for the second year in a row.

29.03.2024 / 06:24

January visitors beat forecasts

January posted a great increase in the number of tourists, but also in the money they spent during their stay in Greece.

28.03.2024 / 12:32

Equestrian center goes under the hammer for 30 mln euros

The plot that hosts the racecourse will be auctioned off online on November 6.

28.03.2024 / 10:46

Why Mykonos is heading for a second year of tourism decline

The figures so far show that this season will be exceptionally good for Greek tourism. However, this does not seem to be the case for Mykonos.

24.03.2024 / 20:00

Short-stay turnover at €3.5 bln

The turnover generated by the accommodation of guests in short-term rental accommodation has increased significantly.

22.03.2024 / 10:06

Ikos Resorts expands in Spain

Ikos Resorts is in advanced negotiations to acquire two hotel properties from multinational group Hoteles Playa, which will be its third complex in Spain.

18.03.2024 / 10:20

Many Greeks would rather spend the weekend abroad than in the countryside

Flights abroad for the long weekends of Clean Monday and Independence Day on March 25 are showing increased occupancy rates of over 75%.

15.03.2024 / 19:16

European Commission intervenes in tender for Faliro Indoor Arena

The European Commission has intervened in the process as it links the development of a conference center of international standards with European funding of 464 million euros.

15.03.2024 / 00:16

Air seat availability from the US soars 27% this year

Airlines have increased their available air seats for travel to Greece this summer by 10.1% from last year.

13.03.2024 / 12:37

Dean Metropoulos denies involvement in Kassiopi property acquisition

Greek-American expatriate billionaire businessman and investor Dean Metropoulos has denied any involvement in the acquisition of a 32-million-euro, 44-hectare property in Kassiopi, Corfu.

12.03.2024 / 21:36

Boutique hotels outperform

Small, renovated and special accommodation complexes, also known as boutique hotels, are performing even better than large luxury hotels in terms of the growth rate of their occupancy.