Author: Jane

Attica residences now cost about 88% on average more than they did in 2017, BoG data show House sale prices in Attica have increased by 88% since the beginning of the recovery of the real estate market in 2017 and up to the second quarter of this year, based on Bank of Greece data released. […]

Lisbon has won the award for Best MICE Destination in Europe at the 5th edition of the World MICE Awards, beating the cities of Athens, Berlin, Istanbul, London, Madrid, Milan, Paris, and Vienna, which were also competing. The MICE (Meetings, Incentives, Conferences and Exhibitions) segment contributes significantly to tourism revenue and the consequent development of […]

The new Mercan Group’ 4-star hotel – Holiday Inn Beja – was officially inaugurated yesterday, September 10, in a ceremony attended by local delegates, including the Mayor of Beja, Paulo Arsénio, and representatives from the Mercan Group – Mr. Jordi Vilanova, and Mariano Faz – President of AHM. This hotel represents a €16.8 million investment […]

Faro is the third city in Europe with the cleanest air, after Uppsala and Umea, in Sweden, with Funchal in eighth place, according to a report by the European Environment Agency. With 3.6 micrograms of fine particles per cubic meter, Faro is in third place in the table, the same value as Umea but with […]

Dotted with stunning islands surrounded by the sparkling waters of the Aegean Sea, Mediterranean and Ionian Sea, Greece has so much to offer within and beyond its most popular attractions. The best time to visit Greece depends on what you seek— formidable historic sites that have stood the test of time, islands buzzing with exciting […]

The contract was awarded through a public tender, which was only open for three days, to the law firm Eduardo Serra Jorge e Associados, and there were no other competitors. The Agency for Integration, Migration and Asylum (AIMA) has hired a law firm for 200 thousand euros to defend itself in court. The issues at […]

The new Holiday Inn Beja by Mercan Group is officially open, just in time for the summer holidays. Under the InterContinental Hotels Group (IHG) brand, the latest development by Mercan Group represents an investment of €16.8 million and it will generate 31 new jobs, in addition to the approximately one hundred jobs created during the construction […]

The National Federation of Public and Social Workers’ Unions has issued a strike notice by AIMA employees, scheduled to take place from August 22 to December 31, 2024. The potential strike, which centers on issues related to overtime and weekend work, can be seen as part of the growing pains that can be expected with […]

The prices of luxury homes in Athens saw the fourth largest increase among 30 cities worldwide during the first half of this year, per a survey by Savills, a British real estate consulting company. The rate of increase was 3.5% and was only behind Lisbon, Amsterdam and Madrid. On average, the prices of luxury homes […]

Hilton has announced plans to open three new hotels in Portugal between 2025 and 2026 under three brands – Canopy by Hilton, Tapestry Collection by Hilton, and DoubleTree by Hilton – as part of the group’s expansion plans in Portugal. In which, 2 hotels that developed by Mercan Group that qualified for Portugal Golden Visa […]

Tourism consumption in Portugal “was decisive” for the expansion of the Portuguese economy in 2023, contributing to almost half of real GDP growth. According to data released by the National Statistics Institute (INE), tourism contributed 1.1 percentage points (p.p.) to real GDP growth in 2023, which was 2.3%. In this context, “it is estimated that, […]

Marriott Renaissance is a 5 star hotel of Mercan Group in Porto that qualified for Portugal Golden Visa Program. Marriott is one of the most famous brands in America, which has four categories : Luxury, Premium, Select, and Longer stays that target different segment of travelers. Marriott has more than 800 hotels in Europe and […]

Accommodation and food service posted 14.8% growth in turnover in May year-on-year Businesses active in the tourism accommodation and food services sectors recorded a 14.8% increase in turnover year-on-year in May, based on data published by the Hellenic Statistical Authority (ELSTAT) on Friday. For businesses in the accommodation sector, this year’s May turnover increased by […]

MAIN POINTS OF NEW CHANGES: The Greek Parliament voted on the long-awaited amendments to the Greek Golden Visa program, which are detailed below. TWO ZONES 800/400k: For the Region of Attica, the Regional Units of Thessaloniki, Mykonos, and Santorini, and the islands with a population of more than 3,100 inhabitants, the minimum value of real […]

A new bill introduced to Parliament will bring the country closer to the dream of “establishing Greece as a global tourism power that is unique for its multifaceted tourism offer and the viable development of destinations and the tourism product,” Tourism Minister Olga Kefalogianni told the Standing Committee on Production and Trade on Friday。 Titled […]