Published at: 2019-04-16 13:19 | Author: Nikos Roussanoglou
After years of behind-the-scenes work, a new crop of modern tourist resorts are due to get underway, filling an under-represented market niche
Greece is on the verge of a hotel resort development boom, with over 20 greenfield projects having been announced. The Greek National Tourism Organization estimates that if they all come to fruition, they would add more than 7,000 rooms during the next decade, representing a total investment of about €5bn. Yannis Goulios, Deputy Secretary General of the Greek National Tourism Organization, says that much of the rise in the number of tourists visiting Greece over the course of the past five years...

Similar Stories:

Durmitor Hotel going up on Zabljak Mountain
Durmitor Hotel and Villas laid the cornerstone for its new hotel on Zabljak Mountain in no  »
Accor to open Ibis hotel in Budapest in 2020
Infogroup in partnership with Peter Lovas is developing a new Ibis hotel in Budapest. Ibis  »
Apex Alliance opens first Courtyard by Marriott in Romania
Apex Alliance Hotel Management has opened the first Courtyard by Marriott in Romania. Cons  »
Additional €3m to be invested at Ananti Resort in Montenegro
More than €20m has been invested in the Ananti Resort, Residences & Beach Club, whic  »
The largest investment conference in Southeast Europe has gathered over 350 participants f   »
In Europe, the UK leads the way when it comes to new hotel projects: 119,000 rooms are cur   »
Invesco Real Estate acquired the 232-room Sheraton Grand Hotel Kraków for €70m on behal   »
The modern era for Belgrade’s hotel sector dates back just five years. Before that, the   »