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Greek tourism: Hopeful yet uncertain for 2016
EconomyFeatures. The Lesvos Hoteliers’ Association reported in February that hotel bookings on the island were down... hike from 23 to 24 percent and a levy on overnight hotel stays. With the tourism season proper set
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Alpha and NBG complete sales of hotels
EconomyBankingTwo of the four core Greek banks, Alpha and NBG, announced the completion of the sale of their hotel subsidiaries at the end of last week. Both transactions are part of the banks’ restructuring plans...) in the Athens Hilton hotel. Home Holdings was declared preferred bidder for the acquisition of the Hilton
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Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
EconomyAlpha and NBG completed on October 27 the sale of their hotel subsidiaries. In specific, Alpha... Hilton hotel for a consideration of 142 million. NBG also completed the sale of its 67.26 percent
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Greek stocks drop 1.5 pct during week amid subdued trading activity
Economy. Alpha Bank completed last Friday the sale of its 97.3 percent stake in Ionian Hotel to Home Holdings... refinancing of Ionia Hotel debt of 67.2 million. Alpha Bank also completed on Wednesday an SME
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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Featuresin domestic tourism expenditure of 63.9 percent. Regarding investments in the hotel sector, investment for the construction of new hotel rooms and repair or renovation of existing rooms came to around 1.54
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Govt trails transition out of lockdown as training vouchers stir controversy
PoliticsGreek Politicsthat pockets of high risk remain. It was announced on Tuesday that 100 asylum-seekers housed in temporary hotel... of the facility’s occupants and employees. The hotel, which houses 470 asylum-seekers, has been placed under
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Newsletter 255 -26/06/2020
. The hotel workers’ association on Rhodes, for instance, estimates that up to 40,000 workers in hotel and catering on the island are unemployed, while just 15 percent of hotels plan to open in July
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Newsletter 259 -24/07/2020
regarding the impact of the coronavirus pandemic on the country’s hotel industry, which shows that the hotel
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Greece among hardest hit in Covid-related drop for European arrivals
EconomyFeaturestrend in August would not continue into the following months. In terms of hotel occupancy rates... through to September. France performed the best with a decline of 42 percent in their hotel occupancy
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What is the state of play with Greek banks?
Economyportfolio at c1 billion. Furthermore, the sale of its hotel property (Astir Palace) is at a mature
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