Hotel revenues amounted to €10.6 billion in 2023, up 22.5% compared to 2022, when total turnover was €8.6 billion. The increases were higher in seasonal hotels and in 4 and 5 star hotels. These data are derived from a field survey of Institute Tourism Research and Forecast, that processed by INSETEP and are included in […]
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Blackstone Real Estate Partners Europe (Blackstone) has reached an agreement to acquire five Greek hotel businesses from the Louis Group, one of the leading hotel groups in the Mediterranean, at a total enterprise value of €178.6m. The five hotel businesses are located in the Greek Islands with two in Corfu (Corcyra Beach and Grand Hotel), two […]
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Everyone wants this award, but only the best can conquer it, as ΤUI says. The “TUI Holly”, is the highest prize that a hotel that collaborates with the travel giant TUI can win. These awards are given to those accommodations that have achieved the perfect: Great attention to detail, first class service and excellent gastronomy. […]
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