Andreadis

Singapore's sovereign wealth fund GIC has agreed to buy a stake in Greece’s Sani/Ikos Group (SIG) in a deal that values the operator of luxury resorts in the Mediterranean at €2.3 billion ($2.3 billion). Forbes says it is the biggest...

She's known to many Greeks beleaguered by austerity measures that she supports as an enemy, but German Chancellor Angela Merkel is advising Germans that they should take vacations in Greece this year. That came as tourism bookings from Germany are...

Coming off a tough year in which many tourists stayed away because of political and social unrest, Greece is expecting a big rebound in 2013 with an increase of about one million more visitors, officials said, basing their estimates...

Relative political calm during the summer following June elections eased fears of a Greek exit from the Eurozone enough to help save the tourism season from a catastrophe, with revenues down 5 percent, far less than the 15 percent...

ATHENS – With early projections for bookings showing as much as a 50 percent drop, Greek hoteliers are preparing themselves for as much as a 10 percent decline in business this year as the country struggles to right itself...