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In Focus: Santorini, Greece

Nana Boussia | June 10, 2022

By Nana Boussia, Pavlos Papadimitriou If there is one destination within Greece that lives up to its fame as one of the most alluring destinations in the world that is Santorini. Visiting the island with the dramatic landscapes and unique terrain, part of the legacy of a violent volcanic eruption that took place in the second millennium BC, is on the bucket list of every savvy traveler. Thousands of tourists that visit Greece flock to the island of Santorini to admire the caldera-perched villages, the authentic local architecture with its cave houses dug into the volcanic rocks, the captivating sunsets, and the cultural antiquities buried ...

The Impact of COVID-19 on Hotel Occupancy Levels in Athens and Thessaloniki

Pavlos Papadimitriou | April 23, 2020

By Pavlos Papadimitriou, Nana Boussia Introduction Imagine for a minute you are a hotel investor seeking after promising opportunities into developing destinations that you consider they have untapped potential. Looking back at the period 2012-19, Greek tourism was breaking one record after another. Following a nadir of 21 million that was caused to a great extent by the rumors about Greece’s potential economic default and the consequent negative publicity accompanied by political instability back in 2012, foreign tourist arrivals have been constantly growing since then at a Compound Annual Growth Rate of 8.4% to reach 37 million in 2...

In Focus: Ibiza, Spain

Ezio Poinelli | September 6, 2017

By Ezio Poinelli, Nana Boussia, and Paolo Buffa di Perrero Introduction LOCATION OF IBIZA Ibiza is an island in the Mediterranean sea off the east coast of Spain and is the third largest island of the Balearic Islands (Mallorca, Minorca, Ibiza and Formentera), an autonomous community of Spain. The island comprises five municipalities: Ibiza or Eivissa (Ibiza town), Santa Eulària del Rio, Sant Antoni, San José and San Juan Bautista while it covers an area of 572 km² and has 210 kilometres of coastline. Its population is 141,000 , of which around 76% are Spaniards while 24% are foreign residents. The island's major ci...

In Focus: Countryside of Tuscany, Italy

Ezio Poinelli | May 24, 2017

By Ezio Poinelli , Pavlos Papadimitriou , Nana Boussia Introduction Tuscany is a region in central Italy with an area of about 23,000 km2 and a population of about 3.8 million (2013). The regional capital and most populated town is Florence with approximately 370,000 inhabitants while it features a Western coastline of 400 kilometers overlooking the Ligurian Sea (in the North) and the Tyrrhenian Sea (in the Center and South). Tuscany is known for its landscapes, traditions, history, artistic legacy and its influence on high culture. It is regarded as the birthplace of the Italian Renaissance, the home of many influential in the history ...

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