Tourism in the North Aegean islands is entering a new development phase, with a wave of major new investments in the hotel sector being recorded. The focus is on creating five-star units and complex tourist resorts for areas such as Lemnos, Lesbos, Samos and Chios. With investment schemes that include international tourism groups as well as Greek shipping and maritime capital, the total invested capital exceeds 500 million euros, aiming to strengthen the dynamics of the region’s tourism product and create jobs and income for local communities.
North Aegean Tourism Boom: Major 5-Star Hotel Investment Wave
North Aegean islands experience tourism investment boom with €500M in luxury hotel developments across Lemnos, Lesbos, Samos and Chios.
