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Tourism in Greece Hit by Staff Shortages

Tourism in Greece for summer 2022 is threatened by staff shortages and spiraling energy costs, officials have warned. Tourism is Greece's key industry providing a quarter of Greece's national income. A record number of tourists are expected this year following...

Hilton Opens Two New Hotels in Athens

Hilton confirmed plans this week to open two hotels in Athens, as part of a management agreement with their affiliate the SCD Group LTD. The historic Pentelikon Athens, part of the Curio Collection by Hilton, a 117-room hotel in the...

Marriott Set to Open Beachfront Hotel in Costa Navarino, Greece

Marriott is set to open an impressive beachfront hotel in Costa Navarino, Greece, which will be a new luxury destination in the Peloponnese. The "W Costa Navarino," the company's latest foray into the European market, will open this Summer. The...

Iconic Hilton Hotel in Athens Under Renovation, to be Renamed “Conrad”

The iconic Hilton Hotel in Athens, a masterpiece of mid-century modern architecture, will be renamed the "Conrad" and soon undergo extensive interior renovations. The change came after Hilton struck a deal with the Ionian Hotel Enterprises to bring luxury brands...

Mykonos: Open, Safe, Ready for Summer

Along with the rest of Greece, the hospitality industry on the rocky resort island of Mykonos  began opening to welcome back travelersth the rest of Greece, the hospitality industry on the rocky resort island of Mykonos  began welcome back customers on May 14th.

Greek Hotels Plead For Help Amidst Despair Over TUI Debt

Greek hotel owners are facing huge losses this year as Tui AG, the largest leisure, travel and tourism company in the world, is deferring the payment of monies due to them this year — until March of 2021. The Anglo-German...

Greek Hotels Suffer Blow as Travel Conglomerate Tui Defers Payments

Greek hotel owners are facing huge losses this year as Tui AG, the largest leisure, travel and tourism company in the world, is deferring the payment of monies due to them this year -- until March of 2021. The Anglo-German...

One in Two Greek Citizens Cannot Afford One Week of Vacation

One in two Greek citizens cannot afford even one week of vacation this summer due to the recession caused by the coronavirus and the repercussions of the 10-year-long economic crisis, as the Hellenic Statistical Authority (ELSTAT) data shows. Along with the...

Many Hotels in Greece Still Shuttered as Tourist Wave Fails to Materialize this Summer

Despite hopes that domestic tourism, along with travelers from what was considered "safe" countries, would save the tourist season in Greece, many hotels are still closed while the rate of occupancy in those that are open is as low...

Piraeus Bank Finances Acquisition of Five Hotels on Crete

Piraeus Bank, Greece's largest lender, announced on Thursday it has financed the acquisition of five hotels in resort locations on the island of Crete by the international real estate company Henderson Park and Hines. The 1,094-room, 67,000-square-meter portfolio comprises five...