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Newsletter 120 - 26/05/2017
the target by 534 million. Drop in apartment prices accelerates in Q1 Prices fell by 0.5 percent in Q1... recorded a fall of 42.2 percent. Apartment prices fell at a faster pace by 1.8 percent year-on-year (YoY... revealed. Compared to the previous quarter, apartment prices contracted by 0.5 percent in Q1 after
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesat main destinations and upgrading more hotels from four to five star. Hotel sales activity In 2017, 18 major hotel sales took place, mainly as divestments of non-core assets by the four systemic.... The total rooms advertised for sale represent 3 percent of hotel capacity. As of June 2018
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Newsletter 183 -16/11/2018
, and is the third increase in apartment prices in almost a decade. Compared to the previous quarter, apartment prices rose by 1 percent, gaining slightly on the previous quarter-on-quarter rise of 0.8.... Apartment prices up by 2.5 pct in Q3 Recovery of real estate market strengthens in latest quarter
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House of cards (The rise and fall of Akis Tsochatzopoulos)
![Photo by Can Esenbel [www.mundanepleasure.com]](resources/toolip/img-thumb/2013/10/15/acropolis_esenbel_900_1510-medium.jpg "Photo by Can Esenbel [www.mundanepleasure.com]")
Agora, the Acropolis’s shadow virtually touched the luxury apartment the PASOK veteran purchased on Athens’ most... surprises life may throw at you. The apartment on Dionysiou Areopagitou Street was just one of many... gathered in the rain outside the luxury apartment. “Bring back our money,” they chanted. Since
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Newsletter 140 -17/11/2017
percent). Apartment prices fall by 0.6 in Q3 Compared to the previous quarter, apartment prices contracted... in Q2 2017, Bank of Greece (BoG) data showed. Compared to the previous quarter, apartment prices... to pose a challenge on several fronts. The drop in the nominal value of apartments in Greece eased
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Newsletter 166 -15/06/2018
to the permits rose by 11.8 percent while volume rose by 4.2 percent. Apartment prices fall by 0.1 pct.... The latest figure marks three continuous quarters during which the drop in apartment prices has remained under 1 percent. Compared to the previous quarter, apartment prices fell by 0.3 percent versus a rise
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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... investments of around 1.2 billion are required annually. This would essentially return hotel investments...). An upgrade in infrastructure is in turn likely to attract higher income tourists and thus boost both hotel
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Short-term rentals raise rents by average of 8.3 pct, study indicates
EconomyFeatureshaving been captured by the hotel industry such as hotel tax, the study showed that the net loss... lost was connected to hotels, and would therefore have generated jobs in the hotel industry, Grant... in the short-term rental market and hotel industry and reduce their negative social impact
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Newsletter 222 -04/10/2019
to a convergence in the future. Athens looks to overcome APS snags Hotel owners sound warning over... Chamber of Hotels (HCH) who outlined the immediate impact on the Greek hotel sector. Alexandros Vassilikos, warned that no Greek hotel would be left unaffected by the demise of the British travel giant
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeatures. Domestic flight spending is expected to drop by 79 percent and spending on hotel and resort stays... on domestic flights. Spending on hotel and resort stays is expected to fall by 79 percent. In addition... hotel industry. It showed that 65 percent of year-round hotels and 52 percent of seasonal hotels felt
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