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ITB Fair Expects Normal Participation

Organizers of the International Tourism Exchange ITB Berlin 2002, which takes place on the Berlin Exhibition Grounds and in the ICC Berlin from 16 to 20 March, say applications for participation have remained constant. "At this point in time (early January) no countries have...
Posted On 01 Feb 2002

Coastal Ship Owners Demand Rate Increases

Local coastal shipping companies, and the banks they owe substantial funds to, are in talks with Greece's merchant marine ministry to find ways that would ensure the survival of the country's coastal shipping fleet. Bankers strongly believe that it is of the utmost importance to...
Posted On 01 Feb 2002

Cuts In Airport Taxes May Help Airline Survival

Greece's government, in late December, announced measures to lower costs for the airline industry. It said this should help fortify the sector, which suffers more than most economic sectors after the September 11 terrorist attacks against the U.S. The attack continues to deter...
Posted On 01 Feb 2002

SETE Pessimistic For Sector Tourism This Year

Nikos Angelopoulos, vice president of the Association of Greek Tourism Enterprises, told its annual Christmas press gathering that he and the association were not optimistic for tourism possibilities in 2002. He said association sources foresee a possible drop in arrivals from...
Posted On 01 Feb 2002

Athens Convention Bureau Taken Off Back Burner

Many years have passed since the local tourism trade called for the creation of a conference and visitor's bureau for the Athens area. Since then, not a single positive step has been taken, but the idea remains as not only a viable one but also a vital one to implement.
Posted On 01 Feb 2002

Development Minister Agrees To Formation Of Private Company To Promote Greece

Once again, the Hellenic Tourism Organization was unable to get its tourism advertising program off the ground as scheduled. Instead of last October, the organization got its 31-million-euro (10.6 billion drachmas) program for 2002 off the ground in mid January with television...
Posted On 01 Feb 2002

More Coastal Shipping Mergers And Alliances

Talk around the Piraeus harbor area these days centers on a plethora of meetings being held in a general effort to form new coastal shipping alliances and merges, such as the rumored alliance between Attica Enterprises (Superfast Ferries) and Minoan Lines. Then there's the merger...
Posted On 01 Jan 2002

Cyprus Airways To Create Greek Subsidiary

Either through a Greek subsidiary airline or through an alliance with a private Greek carrier, Cyprus Airways is about to take on Olympic Airways. The Cypriot flag carrier says it will concentrate on international flights out of Greece and perhaps team up with a private Greek...
Posted On 01 Jan 2002

Twelve Superfast Ferry Launched

Superfast XII slid gracefully down the slipway of the yard into the waters of the Baltic Sea last month. Attica Enterprises, the holding company for Superfast Ferries, said its newest super-fast vessel is due for delivery from the Flender Werft shipyards in Lubeck, Germany, in...
Posted On 01 Jan 2002

Axon Airlines Grounded

Axon Airlines, which was bidding to buy national carrier Olympic Airways, announced the suspension of operations on November 30, citing an industry downturn and rising losses in the wake of the September 11 attacks on the United States.
Posted On 01 Jan 2002

Still No Master Plan For Greek Tourism

Greece can expect to see a 5- percent increase in tourist arrivals next year based on the double premise that the global economy recovers from the current uncertainty and the government takes steps to boost the industry, according to a study released last month by the Tourism...
Posted On 01 Jan 2002

Sarbre And Forthnet Subsidiaries Sign Strategic Cooperation Agreement

The commercial cooperation between FORTHcrs, a Forthnet subsidiary, and Sabre Hellas, a Sabre Inc. subsidiary, is now official. Both parties announced a cooperation agreement last month that centers on new and complete solutions in electronic booking and ticket issue.
Posted On 01 Jan 2002

Closures Godsend For Athens Hoteliers

Although most of the major Athenian hotels that have closed for radical renovations had planned to do so long before the September 11 attack, the timing has turned into a godsend for the rest of the sector. And with bookings down to cover only about 35% available beds, hoteliers...
Posted On 01 Jan 2002

Airport Ground Handling Companies Hit Financially

Airport ground handling companies here in Greece now suffer the same financial blows felt by airlines after the New York terrorism attack. Airlines, in an dire attempt to cut costs wherever possible, have made life unbearable for some independent companies, not least of which are...
Posted On 01 Jan 2002

Tourism Properties Under Private Management

Hellenic Tourism Properties is about to turn its management over to the private sector.
Posted On 01 Jan 2002

Around The World With SkyTeam

Some 18 sales representatives from local SkyTeam offices - Air France, Aeromexico, Alitalia, CSA Czech Airlines, Delta and Korean Air - called on 75 travel agencies in Athens and Thessaloniki during a recent short 3-week period. They presented the four new "Around the World Tour"...
Posted On 01 Jan 2002

Marine Development Profitable

The first phase of the bidding process for the privatization of the Alimos, Floisvos and Zea marinas conducted by the Hellenic Tourism Properties is completed. And some very powerful business groups are among those that will continue to participate in the final stage.
Posted On 01 Jan 2002

Luxurius Sofitel Adds Creative Class To Airport

From the outside, this does not appear to be a particularly distinctive premium hotel. Its classical style, however, designed to blend in with the intentional blandness of the new El.Venizelos airport at Spata, does grab your attention. Once inside, the change is mind boggling.
Posted On 01 Jan 2002

Tourism Crisis Not Critical

European Union travel agencies may be suffering somewhat financially, but for the moment the repercussions from the September terrorism attack are not near as bad as first anticipated, said Carl Axel Rheborg, president of ECTAA, which is the group of national agents and tour...
Posted On 01 Jan 2002

More Funds To Be Spent On Greek Tourism Promotion

Economy and Finance Deputy Minister Christos Pachtas approved credits worth 32 million euros (11 billion drachmas) to finance a marketing campaign for Greek tourism, domestically and abroad. That is twice the figure spent last year, the minister said.
Posted On 01 Jan 2002