Zeus International Hotels & Resorts: new hotels and upgraded accommodation experiences | Further expansion plans in Greece and abroad | Investments of €80 million in 2023

-The Group proceeded with the implementation of investments for the upgrading of its hotel infrastructure and services in Greece and abroad, amounting to €80 million -Plans for new units in Italy, Cyprus and Greece, through acquisitions or macro leases. -Positive booking outlook for 2024, towards a turnover of €70 million and EBITDA of €30-35 million […]

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RESEARCH: Athens hotels in the top five in Europe with the highest RevPAR growth

Athens is among the top five cities in Europe with the highest increase in revenue per available room (RevPAR) in 2023, compared to 2019, with an increase of 37% in Athens hotels. While the highest increase was recorded by hotels in Rome, according to new research by international real estate firm Savills on investments in […]

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ACI EUROPE: Europe’s regional airports’ response to changes and market challenges

The annual gathering of Europe’s regional airports and their business partners takes place in Dubrovnik. The event is the opportunity to review trading conditions and the latest industry analysis from ACI EUROPE.  While larger regional airports and in particular those serving popular tourism destinations or relying on VFR demand (Visiting Friends and Relatives) have generally […]

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Important EU certification for Thessaloniki – Kalamata – Kozani – Ioannina

Four Greek cities have been awarded the “EU Mission Label” by the EU, a certification that recognises initiatives taken in the framework of the EU Mission for “100 Climate Neutral and Smart Cities by 2030, from and to the citizen”. Thessaloniki, Kalamata, Kozani and Ioannina received this important distinction during the “EU Research and Innovation […]

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Mitsis Group opens anew urban hotel, Mitsis N’U Piraeus Port,at the heart of Piraeus

Mitsis Group proudly introduces Mitsis N’U Piraeus Port, its first urban hotel at the hub of Piraeus Port, the largest passenger port in Europe and one of the largest worldwide. The hotel offers a home for the world’s travellers, lifestyle and gastronomy enthusiasts to come together. The opening day ceremony on April 6 was done […]

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Which are the most sustainable cities in Europe?

Merging environmental management with the development of a just and equitable society helps to create sustainable cities. This includes promoting harmonious living between tourists and locals, as well as balancing traditional values with modern developments. According to the Destination Sustainability Index (DSI) the 9 capitals across Europe were analysed, which are: Amsterdam Berlin Copenhagen Dublin […]

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UN Tourism Members Advance Agenda for Europe

At this meeting the key members of the European tourism authorities tried to propose solutions and opportunities for the development of the tourism industry worldwide following the impact of the pandemic. The 70th meeting of the UN Tourism Commission for Europe brought together 40 high-level representatives in the Albanian capital. With the participation of nearly […]

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36.4 million overnight stays in Greece in short-term rentals | What EUROSTAT data show for 2023

A significant increase of 13.8% in overnight stays in short-term rentals in Europe in 2023, compared to 2022, with Greece participating in this increase, as it ranks sixth, with just over 36.4 million overnight stays, according to data from the European Statistical Authority (Eurostat). In absolute terms, it is estimated that last year, travellers booked […]

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The Regional Programme “South Aegean 2021 – 2027” includes the upgrading of the archaeological site and the museum of Delos

The inclusion in the “South Aegean 2021 – 2027” Programme of the second phase of the upgrading of the archaeological site and museum of Delos, with a total public expenditure of 4,325,714.22 €, was signed by the South Aegean Regional Governor, George Hadjimarkos. In particular, the Act “Delos – Open Museum. Upgrading interventions in the […]

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SURVEY: More expensive travel from the US to Europe | Increased airfares

Airline ticket prices between the US and Europe, but also within the United States, are up, according to analytics firm Cirium. Analysing airfare trends for the past year, Cirium found that economy airfare prices have generally increased since 2023, both in North America and Europe, but are below inflation in the US. “While airline tickets […]

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