A report by the Institute for Touristic Research and Forecasts (ITEP) published on Monday show that the island of Rhodes recorded a 26.4% increase in tourism arrivals in the first four months of 2009 (the Dodecanese islands are up 18.5%…
The world wide economic recession has its repercussions to the tourism sector. During the month of September a marked reduction of incoming tourism was observed in major European destinations. Greece reports a 4,8% decrease in flight arrivals in total while…
Savills Research in association with Holiday- Rentals surveyed over 1.500 overseas property owners and identified their motivations for buying property, and analysed the rents, yields and pricing trends achieved by second homes abroad in 2007. It is estimated that there…
“Increasing numbers of affluent Europeans are buying or building luxury properties on the Greek islands, even as the market for top-end holiday homes in other European destinations remains stalled…” International Herald Tribune reports.