Greece

Greek island of Crete 3rd best global destination in TripAdvisor Travelers’ Choice Award 2020 | TornosNews.gr

Crete is the birthplace of both the king of the Olympian gods and of modern European civilization, dubbing it a Mediterranean jewel The popular online travel/tourism platform released its 2020 Travelers’ Choice Awards and Crete featured in 3rd spot. Only London and Paris bested the Greek island in popularity, protothema.gr reports. As it is noted,…

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Greek Finance Ministry presents eight tools to fund economic recovery | TornosNews.gr

The expectation that 2021 could become the starting point of a new course after the pandemic, with high growth rates, was expressed by Greek Finance Minister Christos Staikouras, addressing the 3rd Athens Investment Forum, and added that this growth will be funded with 8 tools, ANA reports. More specifically, these tools are:  1) exit in…

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Lampsa: No plans for sale of Hotel Grande Bretagne in Athens | TornosNews.gr

“Lampsa SA, in the midst of the pandemic and the unprecedented test of the economy and Greek tourism is not examining ‘sales’ but instead making investments” “There are today neither advanced, nor early-stage, nor even ‘negotiations’ with Arabs or investors of any other origin. There is no thought, design or programming for the sale of…

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Over 30 hotels set for auction across Greece | TornosNews.gr

Accelerating procedures following several months of inactivity due to the pandemic Over 30 hotel units across Greece are heading to auction in the next few weeks, with a total starting price in excess of 77 billion euros, as banks are accelerating procedures following several months of inactivity due to the pandemic, ekathimerini.com reports. There is…

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Thomas Cook returns as online travel firm | Kathimerini

Thomas Cook is on Wednesday set to relaunch as an online-only travel business following the acquisition of one of the best-known names in travel by international leisure company Fosun Tourism Group and will immediately start offering holidays to Greece and other destinations. The new “Covid-ready” travel company will initially provide holidays to destinations on the…

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Best Hotels in Greece voted at 2020 Tripadvisor Travelers’ Choice Awards | TornosNews.gr

Winners were calculated based on the quality and quantity of the millions of reviews, opinions and ratings collected on Tripadvisor in 2019, before the pandemic Tripadvisor, the world’s largest travel platform inspires travelers dreaming of their next trip with the ‘Best of the Best’ hotels based on pre-pandemic traveler reviews, greekcitytimes.com reports. This coveted award…

Best Hotels in Greece voted at 2020 Tripadvisor Travelers’ Choice Awards | TornosNews.gr Read More »

International investors should look at Greece to emerge from the post-Covid slump, ANTHONY COUMIDIS | Kathimerini

A man wearing a face mask is reflected in a window as he walks in Athens on August 4. Greece has been hailed in the UK for how it has dealt with the pandemic. With Britain likely to be the hardest hit of the major economies by Covid-19 according to the Organization for Economic Cooperation…

International investors should look at Greece to emerge from the post-Covid slump, ANTHONY COUMIDIS | Kathimerini Read More »

Greece Divvying Up Tourism Recovery Funds Before COVID-19 Is Done

Greek tourism stakeholders met earlier this week via teleconference to mull over the best ways to tap into €27.5 billion euros in EU rescue funding. According to the reports, the tourism ministry will present a final proposal in line with the Pissarides committee growth plan tabled earlier this month. But the full scope of damage by…

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