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23 July, 2024
Tourism-related takings rise
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 […]
Tourism-related takings rise
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11 July, 2024
Greece to become ‘unique global tourism power,’ says minister
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 […]
Greece to become ‘unique global tourism power,’ says minister
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1 July, 2024
Greece Attracts Foreign Millionaires in Increasing Numbers
Greece is among the ten top nations in the world attracting foreign millionaires, according to a recent study by Henley Private Wealth Report that tracks the comings and goings of the world’s 1 percenters. Some 1100 foreign millionaires resettled in Greece in 2023 and another 1200 are seen coming in 2024. Despite a tough start […]
Greece Attracts Foreign Millionaires in Increasing Numbers
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26 June, 2024
MERCAN GROUP: LAUNCHING NEW HOTEL IN GREECE
THE CORFU BEACH RESORT – THE JEWEL OF THE IONIAN SEA Corfu, an island off Greece’s northwest coast in the Ionian Sea, with rugged mountains and ample beach resorts. Located on the north coast of Corfu, about 40 km from the capital Kerkyra, Acharavi Beach is a nature lover’s paradise, boasting a long and inviting […]
MERCAN GROUP: LAUNCHING NEW HOTEL IN GREECE
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24 June, 2024
Mercan Hotels in Portugal reaches up to 90% occupancy rate in high season
“Across Mercan Group’s portfolio, we are achieving an average occupancy rate of 79%, which it translates to over 260,000 guests”, said by Mariano Faz – President of AHM After 9 years of sustainable development, Mercan Group is proud to be the largest luxurious hotel developer in Portugal, under the Golden Visa Program sector. Up to […]
Mercan Hotels in Portugal reaches up to 90% occupancy rate in high season
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12 June, 2024
A Destination for the Rich? Luxury Travel in Greece Seen Soaring
Greece’s luxury travel industry is seen soaring to $2.7 billion by 2030, according to a report published recently by Travel and Tour World. In 2020, the value of Greece’s high-end travel sector was estimated at approximately $767.8 million. By 2030, it is anticipated that it will soar to around $2,736.7 million, experiencing a compound annual […]
A Destination for the Rich? Luxury Travel in Greece Seen Soaring
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10 June, 2024
Best international schools in Greece
Are you searching for the perfect international school in Greece to provide your child with a transformative education? Look no further! Greece offers a range of exceptional international schools renowned for their academic excellence, multicultural environments, and holistic approach to education. There are many International schools in Greece, among which British and American schools are […]
Best international schools in Greece
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3 April, 2024
Hospitality leads real estate investment
According to the study, the hotel sector was the “star” of real estate investment in 2023 in the national territory, followed by the retail market, which managed to capture 35% of the total of this type of investment, that is, €550m. According to CBRE, Lisbon gained 20 new hotels last year, mostly four stars and […]
Hospitality leads real estate investment
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26 March, 2024
The finalists for the Xénios Awards 2024 have been announced and Sé Catedral, Tapestry Collection by Hilton, is among the awardees
These awards are given to six hotel directors and one exceptional business partner in Portugal for their outstanding performance in 2023. The Xénios premiere is a big event for the ADHP Association, which is the Hotel Directors Association of Portugal. It is a time for all professionals and businesses in the sector to come together […]
The finalists for the Xénios Awards 2024 have been announced and Sé Catedral, Tapestry Collection by Hilton, is among the awardees
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26 March, 2024
Renaissance Porto Lapa Hotel’s Design recognized internationally
In 2023, The Renaissance Porto Lapa Hotel, a hotel developed by Mercan Group, was designed by an architecture firm from Famalicão, was chosen as the “Best Business Hotel” at the World Travel Awards, in a ceremony held yesterday in Berlin, Germany. This acknowledgment underlines Porto’s rising circle within the neighborliness and tourism division, a space […]
Renaissance Porto Lapa Hotel’s Design recognized internationally
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26 March, 2024
Unemployment falls 1.2%
The number of unemployed people registered in employment centres fell 1.2% in February compared to January, interrupting a series of seven consecutive months of increases, but rose 4.9% year-on-year, to 331,008, according to the IEFP. These values represent 4,045 fewer people unemployed in February compared to the previous month, but 15,363 more people compared to February […]
Unemployment falls 1.2%
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26 March, 2024
Portugal one of the best for air quality
Portugal is among the 20 countries in the world with the best air quality, according to a list that analyses the air of 134 countries. The analysis, for 2023, is part of the 6th Annual Report on Air Quality in the World, carried out by IQAir, a Swiss technology organisation whose mission is to empower […]
Portugal one of the best for air quality
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25 March, 2024
Property prices peaking
A warning was given recently by the European Commission regarding the perceived overvaluation pf property in Portugal, which has now been confirmed by DBRS. When looking at 18 countries around the world, the rating agency concluded that house prices in Portugal grew the most since 2018 (+60%). Among the 18 economies evaluated in the DBRS […]
Property prices peaking
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23 March, 2024
Greece Considers Ban on Short-Term Rentals for Golden Visa Properties
The Greek government is reportedly deliberating whether to include restrictions on the use of golden visa properties as short-term rentals, such as AirBnBs, in the new set of real estate rules it plans to bring to parliament “next week,” according to Ekathimerini. Like their counterparties in Portugal, Greek authorities are under pressure from local residents […]
Greece Considers Ban on Short-Term Rentals for Golden Visa Properties
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21 March, 2024
A Destination for the Rich? Luxury Travel in Greece Seen Soaring
Greece’s luxury travel industry is seen soaring to $2.7 billion by 2030, according to a report published recently by Travel and Tour World. In 2020, the value of Greece’s high-end travel sector was estimated at approximately $767.8 million. By 2030, it is anticipated that it will soar to around $2,736.7 million, experiencing a compound annual […]
A Destination for the Rich? Luxury Travel in Greece Seen Soaring
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