Million-euro Tourism Investment Projects in Greece Get Green Light

Main Photo: Hotel Mauritius Mykonos, Greece Location: Greece Who: An inter-ministerial committee for strategic investments What Did They Say: The committee led by Greek Economy Minister Yannis Dragasakis approved this week three tourism projects and a shopping/recreation centre budgeted at €333.8 million.

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Hotel Investment in Spain Reached €4,860m in 2018 According to Christie & Co’s Latest Report

Main Photo: Hotel Investment Overview Spain 2018 Location: Spain Who: Christie & Co, Spain What Did They Say: 2018 was a record year for hotel investment at €4,860m in a total 223 transactions (surpassing the 185 transactions registered in 2017), which represents an average price per room of €128 and an increase of 24.6% of the total volume of investment…

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Airbnb vs Paris vs the European Union

Main Photo: Airbnb, fighting legal battles in 13 European cities Location: Europe Who: Airbnb and other short-term rental platforms What Did They Say: Rather complex! but in a nutshell… last year the City of Paris lodged a complaint against the company “SCI panorama immobilier”, arguing that the company didn’t comply with “the Law of 6 July 1989 of the…

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Hostels v Hotels – a Legal Viewpoint

Main Photo:  A London hostel, where rooms range from private rooms for two to dormitory style with 8 or even 12 beds Date: February 2019 Location: UK Who:    What Did They Say:  “Hotel: An establishment providing accommodation, meals, and other services for travellers and tourists. Hostel: An establishment which provides inexpensive food and lodging for a specific…

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