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Capital’s Hotels Struggle to Break Even

There is something really wrong in Athens. The country's capital has been on the positive side of world news for months now, and almost everyone you talk to abroad say they want to visit the city, yet latest reports reveal that Athens hotel occupancy rates continue to fall to...
Posted On 01 May 2005

Alternate Tourism Springs to the Forefront

Instead of the usual everyday tour packages, visitors to the recent Paris world toursim fair, were presented with interesting alternatives to sun and sea travel. Thousands upon thousands of catalogues, brochures and leaflets on country stands promoted "green" tourism, adventure...
Posted On 01 May 2005

Millions of Visitors from China Expected

If the right policies are followed, Greece can expect a large number of tourists from China in the coming years, when that country is projected to become the world's biggest tourism market, according to a study by the Institute of Tourism Research and Forecasts.
Posted On 01 May 2005

New Legislation to Attract Tourism Investment

To attract foreign investors to the tourism sector, three ministries are cooperating (Environment, Town Planning & Public Works, Tourism Development, and Economy & Finance) in an effort to develop a new legislative framework that would lift numerous and serious...
Posted On 01 May 2005

Greeks Rave Over Budapest Spring Festival

The recent annual Budapest Spring Festival has developed into a popular international cultural event with more than one-third of its audience arriving from abroad to attend the various presentations. The two-week program this year, which is the 25th year for the event, included...
Posted On 01 May 2005

The City of Athens To Establish Tourism and Economic Development Agency

Athens Mayor Dora Bakoyannis recently submitted a proposal before City Council to establish a tourism development agency in collaboration with the private sector, as part of efforts to raise the Greek capital's profile as a year-round tourism destination.
Posted On 01 May 2005

Best Western Holds Semi-annual Meet in Athens

Last month Athens was the venue for the semi-annual meeting of executives and country representatives of Best Western International. The last time such a meeting was held in Greece was in 2001 (Crete). During the meet, Carol Marriott, president and managing director of Best...
Posted On 01 May 2005

Mont Parnes Completes First Phase of Major Renewal

At a press call last month, executives from the Mont Parnes Casino complex outlined the many changes that have taken place and that are underway at the complex. Owners intend to invest more than 110 million euros in renewal projects.
Posted On 01 May 2005

Greece Possible Venue for Next Year’s WTTC Summit

The World Travel & Tourism Council released its 2005 travel and tourism forecasts for 174 countries and the world and an assessment of the impact of the Indian Ocean Tsunami on the industry at the recent 5th Global Travel & Tourism Summit in New Delhi, India. It also...
Posted On 01 May 2005

Five Bids for Olympic

The government has received five bids in an international sale tender for a majority stake in national carrier Olympic Airlines, according to a government announcement last month. The binding offers accompanied by letters of guarantee were from all groups that expressed interest...
Posted On 01 May 2005

Minoan Doubles Profits

Minoan Lines announced recently that it managed to more than double its net profit for last year despite a drop in traffic on Adriatic routes and less-than-expected passenger loads on the domestic routes, especially in the summer months during the Athens Olympics period.
Posted On 01 May 2005

Trinity Now Fully Operational

Nikos Skoulas former Minister of Tourism, and now the president of Trinity International Hospitality Studies, an English speaking institution of higher learning, says the school starts its full academic program this fall within the facilities of Terra Maris hotel and conference...
Posted On 01 May 2005

Louis Hellenic Cruises Begins 2005 Cruise Program

Last month, Louis Hellenic Cruises held an inauguration reception in Piraeus aboard its cruise ship The Emerald. The new cruise company announced the beginning of its cruise program for this year. Company executives say bookings have topped every expectation and that if the trend...
Posted On 01 Apr 2005

Formula One Racing In Greece

Greece is considering building a Formula One racetrack to tune up the country's vital tourism industry. However, the venue for the track is causing some problems for government leaders.
Posted On 01 Apr 2005

Tour Operators Upbeat On Travel to Greece

Greece has to pursue deep institutional and qualitative changes in its tourism industry so as to become one of the world's most popular destinations, Tourism Minister Dimitris Avramopoulos said during a recent meeting with members of Europe' biggest and most influential tour...
Posted On 01 Apr 2005

ETTFA Goes Global

The travel exhibition industry will soon be speaking with a stronger voice as ETTFA - the European Tourism Trade Fairs Association - goes global.
Posted On 01 Apr 2005

Athens to Host Europe Corporate Games

From November 4 to 6 of this year, Athens will host the Europe Corporate Games. The festival includes 16 athletic events with the participation of thousands of executives from more than 150 companies throughout Europe.
Posted On 01 Apr 2005

Panorama Opens April 7-10

Panorama celebrates its 10th anniversary this year and to commemorate the event organizers (the Kalofolias group of companies) have upgraded the fair with a new modern logo - still the sun and the sea but with a more modern mood - and have added new sectors to the "international"...
Posted On 01 Apr 2005

European Travel Trends Released by IPK International

Again this year, IPK International released its Global Travel Trends study during Berlin's tourism fair International Travel Bourse. The study found that Europeans continue their strong preference for sun and sea holidays.
Posted On 01 Apr 2005

Lufthansa and Aegean Sign Cooperation Agreement

With the beginning of the winter schedule on October 30, Athens-based Aegean Airlines becomes a partner with Germany's Lufthansa. The airlines will offer code-sharing within their networks whereby flights of both airlines can then be combined and booked via worldwide reservation...
Posted On 01 Apr 2005