The tourist season in Albania ended with 9.7 million foreign visitors in the first nine months of 2024. Global inbound tourist arrivals are slightly lower than the record numbers reached last year and lower than the expectations of the Albanian authorities, who were aiming to reach 14 million tourists. However, the World Tourism Organization (UN […]
Nearly 10 million foreign tourists visited Albania in 2024 Read More »
About 40% of properties for sale in Albania are purchased by foreigners, especially along the coast from Vlora to Saranda. In Tirana the demand for apartments remains unchanged, with prices fluctuating between 1,000 euros per square meter in the suburbs to 2,000-2,500 euros in the centre, but even reaching 5,000 euros in newly built towers.
More and more foreigners are buying properties in Albania. Prices on the rise Read More »
For the first time, UN Tourism, the United Nations World Tourism Organization, dedicates an in-depth guide to the Albanian tourism sector. Tourism Doing Business Investing in Albania explores the characteristics of the economic landscape of the Balkan country, focusing in particular on the growth potential and opportunities offered by tourism and its sustainable development. The
The World Tourism Organization explores investment opportunities in Albania Read More »
During the conference “Tourism investments and Economic Development in Europe”, organized in Tirana by the Ministry of Tourism and Environment of Albania, participants discussed how to revitalize the European tourism sector through strategic investments, in line with the 2030 Agenda and the Sustainable Development Goals. The event is part of the 70th meeting of the
The World Tourism Organization presented investment guidelines in Albania Read More »
Work is in full swing on implementation for the expansion of the Vlora seafront, with the creation of a 20 kilometer long pedestrian and cycle path that will connect the area of the Uji i Ftohte (“Cold Water”) tunnel with the beaches of Radhime and Orikum. The construction of “Lungomare 3” required meticulous planning work,
Vlore “Lungomare 3”: redevelopment project of the coastal area Read More »
The short-term vacation rental market is experiencing an unprecedented boom in Albania. According to data from the AirDNA portal, the announcements of summer season accommodation grew from 4,663 in January 2019 to 13,770 in May this year, with an increase of 195%. In the same period, the request for daily stays increased by 543%, from
Tourism in Albania: bookings on AirBnB increased by 543% Read More »
The so-called “blue economy” aims at the sustainable use of ocean resources for economic growth, the creation of better livelihoods and new jobs while preserving the health of the marine ecosystem. In Albania, the small town of Orikum, located about 20 km south of Vlora, will be the starting point for the development of elite
Marina Orikum: starting point for the “blue economy” Read More »
2022 was a historic year for Albania, with over 7 million foreign tourists. Most of the arrivals were from Italy, Greece and Montenegro. Various markets have seen a significant growth in interest in visiting the Balkan country.The number of Polish and Dutch visitors has quadrupled, that of Spaniards has more than tripled, while the influx
Albania aims to become a year-round tourist destination Read More »
At “ITB Berlin 2023”, the most important world trade fair for the sector, Prime Minister Edi Rama met representatives of well-known tourism operators and agencies, as well as publishers and directors of prestigious tourism magazines. Rama presented Albania’s prospects in the framework of the development of regional tourism and the role of German cooperation, through
Albania aims to become one of the favorite tourist destinations in the Balkans by 2030 Read More »
“The most important tourist project, a new locomotive of economic and social development for Albania”. With these words, on January 30th, Prime Minister Edi Rama announced the signing of the agreement between the Albanian government and the Eagle Hills Real Estate Development company, owned by the real estate developer Mohamed Ali Alabbar, based in Abu
“Durrës Yacht & Marina”: the largest foreign investment in Albania Read More »