Our View: Investing in Hospitality

EDITORIAL

From hotels to cruise terminals to luxury resorts, Greece has witnessed a boom in hospitality investments these past five years. This year, tourism arrivals are expected to surpass last year's levels, suggesting a record 2023 for a sector that accounts for roughly one quarter of the economy and one in five jobs.

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Greek tourism sees strong start pointing to promising 2023

Greece is welcoming increasing numbers of direct flights this spring from long-haul markets, like the U.S. and Canada, underscoring the country’s successful evolution into a year-round tourism destination and pointing to a potential record setting year.

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Greek wines gaining market share, higher prices overseas

Greek wines exports are commanding growing market share and higher prices in world markets, highlighting how the country’s wine producers have steadily gained recognition from oenophiles around the globe.

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News in Brief - April 2023

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Greece moves forward with regional port privatizations

Greece has handed over operations for the port of Igoumenitsa in northwestern Greece − one of the country's gateways to Europe – to a multinational consortium, and drawn strong interest from investors in the central Greek port of Volos as part of its privatization plan for the country’s regional ports.

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