MarketsNotableReported
5.2
Greece tourism boom: five-star hotels double, small hotels decline 22%
Le Monde·GR·2 days ago
Greek real estate investment firm Prodea announced a €250 million investment cycle targeting luxury hotels, residential properties, and offices in Cyprus, Greece, and Italy. This signals a strategic expansion in Southern European real estate, likely reflecting confidence in regional tourism and property demand. The move may have modest implications for regional construction and hospitality sectors.