Our Practice Areas
We serve a wide range of entities within the Greek tourism sector, including hotels, Airbnb owners, companies, and service providers. Our extensive network of relationships with owners, investors, developers, and operators from around the world gives us the specialized knowledge necessary to tackle even the most intricate transactions. Our services encompass advice on mergers and acquisitions, hotel management and franchise agreements, construction, and development.
The strong presence of the tourism industry in Greece makes it a hub for investment and business opportunities. Tourism is a vital component of the Greek economy, driving economic growth and contributing significantly to the country's Gross Domestic Product (GDP). In a strong year, it accounts for over 30% of the country's GDP and employing more than 25% of the workforce. In 2022, Greece experienced a steady rise in tourist numbers, with approximately 27 million visitors. This makes the country a destination for investors, who are investing in hotels, boats and special amenities such as marinas and healing springs.Hospitality is one of the fastest growing industries in Greece following a pick-up in tourist activity coupled with the impact of technological innovations and market disruptors including accommodation and travel platforms and apps. Undergoing a fast paced evolving market we ensure that industry leaders have access to knowledgeable legal support to address the challenges that come with this growth.
This evolving market indicates that the industry leaders must be proactive in adapting to new developments and staying ahead of the competition. Legal support can help them navigate the complex regulatory landscape and make informed business and strive to success.Our team is dedicated to offer cross-border and local advice to companies and individuals operating within the hospitality sector. We assist hotel companies, tour operators, and hotel sector investors with a variety of legal matters, including the Greek state's privatization program and M&A. We have a deep understanding of the Greek hospitality sector and the challenges faced by industry players.
Our clients rely on us to help them make the right decisions. We combine the knowledge, experience and energy to solve our clients most complex challenges.