China has more than 3,600 hotels currently under construction
The total investment pipeline included 3,608 hotel projects with 644,938 rooms, underscoring the sector’s ongoing momentum.According to the survey, 2,592 projects were under construction, correspo ...
Historic Xenia Andros moves to long-term lease
The Xenia of Andros, also known as “Triton,” which operated until 1999, is one of the most significant works of Aris Konstantinidis and the first hotel he designed for the Hellenic Tourism Organizatio ...
New luxury housing complex by AVAX in Crete
The project is being developed on a 5,158 sqm plot with an amphitheatrical layout and unobstructed sea views, located in one of Crete’s most picturesque and authentic areas, in the Apokoronas region. ...
ĒNSOFI established as the TEMES Group’s new parent holding company
The TEMES Group has announced the creation of ĒNSOFI S.A., a new parent holding company that will encompass the entirety of the Group’s portfolio and activities, marking a new phase of business develo ...
Key market players shaping major hotel deals in 2025
Activity in the Greek hotel market remained robust through the final quarter of last year, with a series of transactions underscoring the country’s continued appeal to both domestic and international ...
Revenue growth outpaces profitability in the Greek hotel sector
According to GBR’s Greek Hospitality Industry Performance survey, total room nights sold reached 8.0 million in 2025, increasing by just 0.7% compared with 2024. In contrast, total industry revenues r ...