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Newsletter 63 - 19/02/2016
for Ionian Hotel Enterprises, which owns and operates Hilton Athens hotel. Alpha holds a stake... to change that. Consumer price fall accelerates The fall in the Greek Consumer Price Index (CPI... decline. Fall in apartment prices eases Greek apartment prices decreased by 5.4 percent in the fourth
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Newsletter 74 - 20/05/2016
-year NPL stock to fall below last year’s level, while anticipating it will also turn profitable..., the queue for underwriting bank IPOs is growing in Italy. The next candidate due to initiate a cash
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Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct
Economyto 622 million, slightly above the 611 million target. One of the first interventions announced
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Greeks express most negative sentiments about economy in global poll
Society, did not fall in line with this trend. In fact, they went the opposite way. Between both advanced... survey was conducted in March and April 2017 through face-to-face interviews with 852 respondents
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomyto 277 euros. The breakdown of incoming tourist activity by country showed strong growth in arrivals... of 14 billion euros. SETE noted that a stable tax framework, mainly related to VAT on islands and hotel
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeatureson domestic flights. Spending on hotel and resort stays is expected to fall by 79 percent. In addition.... Domestic flight spending is expected to drop by 79 percent and spending on hotel and resort stays is anticipated to fall by 87 percent. The USA contributed 6.5 percent of overall tourism revenue
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Newsletter 253 -12/06/2020
. Regarding Greece, the OECD expects that GDP will fall by up to 8 percent in 2020 under a single-hit scenario..., Greece’s GDP is forecast to fall by 9.8 percent this year. However, the decline in output, job losses... consumption is expected to fall by 8 percent under the first scenario and by 9.8 percent under the second
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Tourism could give economy annual 5 bln boost, NBG report finds
EconomyFeaturesseason between June to September resulted in annual Greek hotel occupancy rates of 27 percent... which manifested in a fall in the cost of holiday packages in 2016. The result was an overall 8... investments of around 1.2 billion are required annually. This would essentially return hotel investments
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Hoteliers staring at big drop in turnover as liquidity calls grow
EconomyFeaturesof the coronavirus pandemic on the country’s hotel industry, which shows that the hotel market has shown... to last year. Broken down, 96.9 percent of hotels that operate year-round expect turnover to fall... being a brake on hotel results.” He added that goal for 2020 now remained to salvage what could
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Newsletter 190 -18/01/2018
represents a fall of 74.8 percent compared to 2014, when the amount of tax refunds totalled 3.10 billion... billion euros and was below target by 611 million. Monthly net revenues totalled 5.34 billion euros
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