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Hotel industry sees investment in high-end units, but hampered by seasonality

Fri, 21 Feb 2020 11:24:00 GMT

The Greek hotel sector reported strong performance in 2019 as revenues rose by 7.3 percent year... on the latest available data from 2018, the HCH showed that hotels and hotel chains captured... of stays and 5.4 percent of revenue). In 2019, a total of 9,971 hotel units were registered in Greece

Down but not out: Golden Dawn rears its head again

Mon, 25 Nov 2013 11:22:00 GMT

as spring boards – a model seen at work in Antwerp, the base of Belgium's far right Vlaams Belang

Hotel guest numbers up 8.7 percent in 2014

Tue, 29 Sep 2015 07:24:00 GMT

represents an increase of 4 million on 2013, pushing hotel bed occupancy up from 45.2 to 47.3 percent... – that is, someone who has lived for at least a year in Greece, regardless of nationality. Their share of hotel... of nights). Of these countries, the biggest increases in hotel arrivals were recorded for the US

Hotel owners sound warning over Thomas Cook revenue losses

Wed, 02 Oct 2019 09:49:00 GMT

impact of the collapse of Thomas Cook on the Greek hotel sector. The president of the HCH, Alexandros Vassilikos, warned that no Greek hotel would be left unaffected by the demise of the British... at 516 million euros for the hotel industry, and 929 million for the wider industry. When the tourism

Special tax structure would benefit hotels and jobs, bank argues

Fri, 17 Aug 2018 06:29:00 GMT

on the tourism industry and the job creation it entails, the bulletin notes that in 2017, the hotel... quoted in the report, the hotel industry in Greece has undergone strong growth since 2004. In 2004, 8,899 hotel units were in operation in the country, increasing by 9.9 percent to 9,783 in 2017

Greek hotel industry reports COVID-19 related losses of half a billion to date

Thu, 19 Mar 2020 11:10:00 GMT

The Hellenic Chamber of Hotels (HCH) has released a survey showing the first estimations of the impact on Greece’s hotel industry due to the coronavirus epidemic. The survey was carried out... will directly threaten 38,234 jobs, which represents 20.5 percent of total hotel employment unless

If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

Thu, 05 Jul 2018 11:02:00 GMT

payments in Greece reached the EU average level, annual VAT revenue would rise by 21 percent, or 3.3... drastically across the country and across industries. IOBE estimates that if EMP penetration were

Energy propels 3.3 pct YoY drop in import prices in Nov

Wed, 14 Jan 2026 10:22:00 GMT

Greece’s import price index stayed in contraction in November, with a drop of 3.3 percent year-on-year (YoY), after a 2.4 percent decrease in the previous month, according to data released... by 0.2 percent. In terms of industries, energy was down by 13.3 percent YoY, intermediate goods rose

Newsletter 263 -11/09/2020

Fri, 11 Sep 2020 06:42:00 GMT

, locals on Lesvos stormed a hotel housing riot police sent to the island to provide security... of unemployed fell by 27,091 or 3.3 percent. The number for the unemployed currently stands at 836,637.... A government delegation consisting of Migration Minister Notis Mitarakis, Interior Minister

Turnover in tourism drops by 6.5 pct in Q1, reflecting hotel closure impact

Tue, 09 Jun 2020 09:35:00 GMT

-related hotel closures, while the food service index decreased at a slower rate by 1.6 percent