Tourism is an increasingly important source of revenue and driver of growth in many countries in south-eastern Europe region and especially in Greece. Even during the recent crisis, the tourist industry in Greece has been one of the mainstays of economic growth and employment, with a continued growth in revenues driven mainly by global hotel investment and development. Greece's remarkable recovery in performance has attracted not only operators, but also investors. Despite the prolonged and tough economic conditions that Greece has been going through over the last years, both domestic and foreign entrepreneurs kept on investing in the Greek hotel market, launching 212 new, five-star units and the trend for the years to come is rising with Greece attracting the interest of major chains such as Four Seasons, Mandarin Oriental Hotel Group, Marriott, Wyndham Hotel Group, ΤΕΜΕS and D-Marine Investments Holding.
The upgrade of Greece as a global tourist destination includes:
• The upgrade and construction of regional airports to support the increase of tourist arrivals which is expected in the following years to reach € 1,5 bln.
• The current announced investments of infrastructure and equipment of Thessaloniki Port Authority (TPA) and the upgrading of vital ports to serve as transit terminals and facilitate interconnection with neighbour countries.
• Upgrading and building key marina hubs to meet the increasing demand in marine tourism



Greece has a relatively developed infrastructure that enables the uninterrupted implementation of most investment activities. Nevertheless the quality of infrastructure is substantially inferior to Western and Northern European countries and the need for investments in terms of both capacity expansion and quality improvement is evident. For that reason through EU funding and private investor participation (COSCO, etc) there are 69 infrastructure projects in the pipeline for completion by 2022:
• Construction of Metro in Thessaloniki, extension of Athens metro to Piraeus (6 new stations) connecting the Athens International Airport with the Port of Piraeus, the new Metro Line 4 in Athens (30 new stations) and Tram extension from N. Faliro to Piraeus (5.3km)
• Motorway projects such as Egnatia odos vertical Axes that will connect the main part of Egnatia Motorway with Albania, FYROM and Bulgaria and Ionia Odos that will connect and serve 3 main ports and airports.
Infrastructure project pipeline in Greece
There are 69 infrastructure projects in the pipeline for completion by 2022 with a remaining investment requirements of €21.4bln. Claim your share on that budget.


Renovation dominates the domestic market

According to studies conducted by the Greek Ministry of Environment, Energy and Climate Change (500.000 energy inspections in buildings have been completed in the last 3 years) the majority of the buildings have ranked at G category meaning high energy costs and very low energy performance. Since Greece is trying hard to implement and comply with EU regulations relating to the energy sector, addressing this issue seems quite challenging. Taking into consideration the economic status of Greece and the fact that the majority of engineers and property owners are mainly working in building renovations, both in residential and commercial projects, plus the above mentioned facts, the timing is excellent for promoting the advantages of energy efficient upgrades through modern building materials for financial and environmental reasons and for taking action in adopting EU regulations regarding energy efficiency.
DOMOTEC presents solutions for every need:
HOTEL: New ideas and applications for hoteliers and innovations to the hospitality sector.
HOME: Building, renovation and energy saving-upgrading integrated solutions and suggestions.
COMMERCIAL PROJECTS: Expert renovating proposals for stores and office buildings.



In just a few years, Greece has gone from a risky prospect to a must-have destination for global hospitality investors.
Last but not least as a member of the European Union and the Eurozone, Greece continues to be the economic hub of Southeast Europe, an ideal gateway to the Middle East, Western Europe, and North Africa, and an emerging logistics hub for the entire region.