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Phuket villa launches hit record as Russians snap up properties

Thai developers offered a total of 1,285 new villas valued at 36.3 billion baht ($1.1 billion) in the six months through June.

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  News Economy  |  Residential  |  Other  |  Greece  |  Residential  |  Other
Private student housing is the new market trend

According to Geoaxis, Athens is recording a "crazy race" with an increase of over 115% in asking prices over a 10-year period.

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Travel industry to contribute record $11 trillion to global GDP in 2024

The industry's contribution to global GDP in 2024 will increase 12.1% year-over-year to $11.1 trillion.

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  News Tourism  |  Analysis
INSETE Statistics Update for the Greek Hospitality Industry First Half 2024

In July 2024, accommodation in short term rentals reached 232 thousand, an increase of +20 thousand compared to July 2023.

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  News Economy  |  Analysis  |  Retail
Negative inflation in supermarkets in August

The prices of products in supermarkets are recorded to have decreased by an average of 1.08 percent compared to August 2023.

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  News Economy  |  Data
July unemployment rates down in 9.9%

The number of employed persons amounted to 4,229,548 persons.

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  News Economy  |  Data
19.6% decrease in the number of building permits in May 2024

The building permits for the Private Building Activity issued in Greece in May 2024 amounted to 2,055.

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  News Investments  |  Economy  |  Tourism  |  Infrastructure  |  Hotels  |  Analysis  |  Hotels
Mid-scale hotels are gaining momentum. The construction cost

Europe steps ahead the USA.

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  News Economy  |  Office  |  Europe  |  Analysis  |  Office
Office spaces in Athens - Thessaloniki resurging

By the end of 2024, it is estimated that an additional 125,000 sq.m. will be added. in the existing green stock and by the end of 2026 it is predicted that an additional 210,000 sq.m. will have been developed.

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  News Economy  |  Greece  |  Data
Traffic in Greek airports up 9.5% in the 7 months of 2024

The total number of passengers in the period January - July 2024 reached 42,538,219.