Andreas Andreadis

Stavros and Andreas Andreadis, were presented with the 24th Lifetime Achievement Award as recognition of their innovative work in the development and promotion of their Sani & Ikos resorts in Greece and across the Mediterranean and their significant contribution to the restoration of luxury hospitality as a profitable investment idea.

Hoteliers should move optimistically and seek "to get big increases from tour operators for 2023" stresses the president of Greek hoteliers association SETE Mr. Giannis Retsos, in order for Greek hotels to survive and face the increased energy costs and inflation.

The economic losses for Greek businesses in the tourism industry from the collapse of British travel firm Thomas Cook are estimated between 250 to 500 million euros, the country's tourism confederation SETE said on Monday night.

Dozens of tourism investments are under threat due to the lack of zoning plans, while overtaxation is putting the future course of the sector at risk according to data and estimates presented during Thursday's annual general meeting of the Greek Tourism Confederation (SETE).

This year's annual general meeting of the Greek Tourism Confederation (SETE) holds special significance both for the industry and politically, taking place at what is a key juncture for tourism in Greece.

One of the key objectives for Greek tourism this season is the coverage of losses suffered last year in terms of arrivals and takings from French tourists, and there are already two positive signs in that direction.

The Greek tourism sector appears troubled about the recent result in the Turkish referendum and how it could affect the industry in the wider Mediterranean region along with the geopolitical developments in the wider area.

Visitor numbers to Greece will top 35 million a year by 2021, while tourism revenues will range between 19 and 20 billion euros, contributing 6 or 7 percent of gross domestic product, Greek Tourism Confederation (SETE) president Andreas Andreadis told Prime Minister Alexis Tsipras during a meeting at Maximos Mansion on Monday in the presence of SETE vice president Yiannis Retsos and Tourism Min

The advance of the ruble against the euro, which has come to about 30 percent in the last year, constitutes the main factor behind the forecast increase in arrivals and revenues from Russia in 2017, according to the head of the Greek Tourism Confederation, Andreas Andreadis.

Greece is set to experience a recovery in its tourism revenues this year after the notable decline registered in 2016, while it is also poised to chalk up a new record in international arrivals, according to the president of the Greek Tourism Confederation (SETE), Andreas Andreadis.