
“Tourism lifts Greece up, thanks to the huge and timeless contribution of the tourism sector to the Greek economy and society. Its stable value and resilience were highlighted more this year, in a year of unpredictable geopolitical and international economic developments, in which however Greek Tourism managed to recover to pre-pandemic levels and to be a support for the economy and society.” This is what the president of the Hellenic Hoteliers Federation, Grigoris Tasios, says in his message on World Tourism Day and adds:
“The hotel industry has managed to come out of the biggest crisis in the history of tourism with unity, with honorable efforts, with documented positions and proposals. However today, we are faced with new major challenges. The energy crisis and inflationary pressures force us to change our perspective and turn to a more sustainable model, readjusting our strategic targeting for the Tourism of the next day.
Change
Redefining our tourism product, in terms of sustainability, quality and thematic enrichment based on the advantages of each destination, is a strategic priority. It requires planning, resources and joining forces at all levels in order to achieve the transition to a new era for Greek tourism.
The path of cooperation has been proven to lead to positive results. The Hellenic Hoteliers Federation will continue to walk down this path, with a high sense of responsibility for hoteliers, with faith in the potential of Greece and with a firm goal of the sustainable touristic future of Greece, with the benefits of equitable prosperity for all”.


Latest News

Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy

EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.

The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.

Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year

Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February

Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.

Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)