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Are Israeli Hoteliers Choosing Greece?

As costs rise, tourism companies are increasingly opting to invest in Greek hotels, where real estate is more affordable, operational and labour costs are lower, and generous grants are available. Adv. Gilad Maoz, founding partner at ERM and head of the Real Estate and Hotels Department, explains: “This trend is occurring against a backdrop of uncertainty in the Israeli hotel market and a severe disruption to urban tourism following the COVID-19 pandemic and the recent conflict.”

For the full article and further insights into the Israeli-Greek hotelier market, click here: https://bit.ly/4ks5zF5

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