ILIAS BELLOS

Hotels likely to open in three phases

With the summer season approaching – and the epidemiological picture allowing – hotels are on course to open in three phases: Easter Week, May 15 and the end of June. The phase that each hotel will open in will depend on the market from which it attracts customers – i.e. whether it is aimed at […]

Lamda secures funds needed for Elliniko

Lamda Development has signed the necessary contracts to complete all transactions concerning the financing scheme for the Elliniko project’s first investment period, totaling 2.5 billion euros.

06.04.2021 / 04:00

Grecotel buys five hotels on Mykonos, Corfu

The Daskalantonakis-Grecotel group has announced the completion of its acquisition of five new hotel resorts on the islands of Mykonos and Corfu with a total of 1,800 beds for 61 million euros.

01.04.2021 / 08:23

Firms to vie for piece of pie

A huge array of companies are vying for a slice of the pie that the resources of the Next Generation EU fund constitute, as the private sector is eager to make the most of the dozens of projects included in Greece’s recovery plan, presented on Wednesday.

30.03.2021 / 22:26

New law to allow shift of Parnitha casino to Maroussi

A regulation restoring the law regarding the transfer of the Parnitha casino to Maroussi, after the Council of State deemed it unconstitutional, is due to be ratified by Parliament on Wednesday.

30.03.2021 / 20:30

Tourism keeps fingers crossed

The landscape remains unclear regarding the tourism season due to the lack of sufficient data for any safe projections, the head of the Hellenic Chamber of Hotels, Alexandros Vassilikos, said on Monday.

29.03.2021 / 22:16

Optimism about summer visitors

Travel flows to Greece should increase by 50% this summer compared to last year, starting from early July, despite the problematic picture as regards the pandemic at this point, according to projections.

26.03.2021 / 05:20

Investors show interest in hospitality industry

In spite of the uncertainty in the tourism market due to the pandemic, foreign and domestic investors are assessing opportunities in the local hotel market, believing that the timing favors more attractive prices.

22.03.2021 / 04:00

Many hotels to open from this spring

The heads of six major Greek hotel groups expressed reserved optimism to Kathimerini that this tourism season will be significantly better than the last one, in the absence of any unexpected problems on the coronavirus front, declaring their intention to open their units in the spring.

19.03.2021 / 22:01

Summer rebound for air travel

Air travel will see a dynamic rebound as of this summer if restrictions on cross-border movement continue to be lifted, estimates Stefan Schulte, the head of Fraport AG, the parent company of Fraport Greece which manages the country’s 14 biggest regional airports.