Tourism Law in Europe

10 Department, as well as the Secretariat. The Chamber is jointly managed by the Board of Directors and the Steering Committee. The Chamber is a public law entity and its main mission is to act as a government adviser in matters of tourism policy. In other words, the HCH has an important institutional consulting function in enhancing, improving and promoting the national tourism product, while at the same time serving the needs of hotel businesses 11 . HCH’s main objectives are to study and implement any appropriate means for the development and organisation of hotels in Greece, as well as to enhance the hotelier profession and to protect, assist and provide consultation services to hotel owners and their staff. It also partakes in professional and commercial tourism expos around the world and strengthens cooperative ties not only with key financial players in the domestic market but on a global level as well, with various international institutions and associations. IV.1.4. Hellenic Public Properties Company S.A. The Hellenic Public Properties Company S.A. (henceforth “HPPC S.A.” or “Company”) was established in 1998, with Law No. 2636, under the name “Greek National Tourism Organisation Property Development S.A.”. It was renamed to “Tourist Properties S.A.” in 2000, with Law No. 2837/2000, and then to “Tourist Development S.A.” in 2004, with Law No. 3270/2004. In 2004, its name changed again to “Greek Tourism Property S.A.”, after absorbing “Olympiaka Akinita S.A.”, following Article 47 of Law No. 3943/2011. In the same year, it merged by acquisition with “Pubic Real Estate Company S.A.”, in line with the provisions of Law No. 4002/2011, into “Hellenic Public Properties Company S.A.”. Moreover, with Law No. 4321/2015, the HPPC S.A. absorbed “Paraktio Attiko Metopo S.A.” and, pursuant to Articles 188(1)(γ’) and 188(7) Law No. 4389/2016s is now a wholly owned subsidiary of the “Hellenic Corporations of Assets and Participations S.A.”. HPPC S.A. is a public limited company that exploits and develops real estate – urban, rural, touristic, Olympic or other – in compliance with the country’s overall development policy. Thus, its aim is fostering economic and tourism development, as well as strengthening 11 Papathanasopoulos, A. (2018), ibid ., p. 62