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Greece Outshined Competitors at ITB

For the first time in memory, Greece held its head high at a world travel exhibition and showed the world its capabilities. The Greek pavilion, with its avid colors, wide-open spaces, and design continuity, outshone its Mediterranean competitors, not only with its design but also...
Posted On 01 Apr 2005

Plotin On the Verge of Bankruptcy

Heavy debts have apparently forced one of Greece's oldest travel companies to the brink of bankruptcy. The Plotin group, owned by the Antoniou family and the German travel group Neckerman, has subsidiary operations in Corfu, Crete, Rodos and Chalkidiki.
Posted On 01 Apr 2005

Two of Greece’s Biggest Travel Agencies Initiate Merge

Two of Greece's major travel enterprises took the plunge last month and started off the new year with a merger announcement. Panagiotis Zerzivilis of Aktina Travel and Giorgios Economou of Marine Tours said they merged their consolidation departments and formed a new company...
Posted On 01 Feb 2005

Annual ABTA Report Promotes Greece and Athens City Breaks

Positive remarks for Greece in general and Athens in particular were included in the recent annual report of vacation preferences formulated by the Association of British Travel Agents. For 2005 vacation possibilities, the association reminded members of the efforts carried out...
Posted On 01 Feb 2005

Seaworld Opens On Crete this Spring

Seaworld, a new, innovative aquarium, promoted as the largest and most modern in the Mediterranean, opens on Crete early this year. Four thousand sea creatures, currently being kept in fish traps by the Fish Farming Institute, will be transferred to the 32 tanks that are ready at...
Posted On 01 Feb 2005

Implementation of Announced Tourism Development Measures Imperative

Europe's tourism specialists seem to be coming around to the view that the era of Greek improvisation is over and that a long-term strategy is evolving. "In 2005, you will see the first recovery signs, but the significant rise will come in the next few years when the results of...
Posted On 01 Dec 2004

Tourism Down 8% This Year

Most Greek destinations were disappointed this summer when arrivals failed to increase as expected during the summer months. The end result, according to trade professionals, is that Greece will post an 8% drop in tourism arrivals this year. And this occurs after a difficult 2003.
Posted On 01 Nov 2004

Zorpidis Expansion Continues with New Athens Office

For anyone walking into the new downtown Athens offices of Zorpidis Travel Services it's difficult to imagine that there's a tourism crisis. Besides bustling with activity, the office permeates a feeling of success. It will be hardly surprising to see the office expanded within a...
Posted On 01 Nov 2004

Dane Sea Lines on the Verge of Bankruptcy

After years of economic problems, it appears that the ferry operator for the Dodekanissos islands, Dane Sea Lines, is about sink into the realm of memory. Citizens of the island, however, continue to fight for some assistance that would allow the company to continue running. In...
Posted On 01 Sep 2004

Greece’s Lodging Units Outside of Attica Slash Prices

Negative data for the months of May and June, and a severe lack of bookings for the peak summer period, have forced lodging units outside of the Athens/Attica area to slash prices in an attempt to entice Greek holidaymakers.
Posted On 01 Aug 2004

Deluxe Tourism School Opens on Crete

Hotel Terra Maris, next to the Creta Maris, hosts the first international tourism school on Crete. Markos Komninakis, director of studies for new Trinity International Hospitality Studies says three-year programs begin this October. Accredited studies range from hospitality and...
Posted On 01 Jun 2004

Hatta General Assembly Speaker Angers Some Agents

During the recent annual general assembly of the Hellenic Association of Travel & Tourism Agents, almost a dozen special guests took to the podium.Most of the speakers were representatives of the country's political parties who, without exception, spoke on the importance of...
Posted On 01 Apr 2004

Planned New Convention Center Includes New Hotel

The Attica hotel owners association met with the head of Hellenic Tourism Properties recently to discuss the construction of a convention center at the old Athens International Airport at Hellenikon. When and if completed, the center will accommodate 8,000 participants. A hotel...
Posted On 01 Feb 2004

Full Liberation of Ferry Routes Doubtful

Presently, four of Greece's major ferry routes -- Dodekanissos, Cylades, Argosaronikos, Crete -- fulfill the requirements for complete liberation when discussions are finalized between Greece's merchant marine ministry and the European Commission.
Posted On 01 Feb 2004

Renewed Interest in Golf Investment

The Greek tourism sector, struggling to defend its share of the market against cheaper rivals such as Turkey and other Mediterranean nations, is eager to stretch its season beyond the summer months and become more than a sun-and-sea paradise for holidaymakers that are on a budget.
Posted On 01 Feb 2004

Blue Palace Enters Luxury Collection

The Blue Palace Resort & Spa at Elounda on Crete as of January entered the privileged club of distinctive hotels when it became a member of the Starwood Luxury Collection. The collection is classed as "the world's most extraordinarily unique of hotels and resorts." Blue Star...
Posted On 01 Jan 2004

Research Institute Sees Continual Tourism Decline

Greece's tourism sector continued to fall further behind its foreign competitors during the first nine-month period of this year, according to the latest report published by the Institute for Tourism Research and Forecasting.
Posted On 01 Dec 2003

Worst Tourism Season in 30 Years

Greece's tourism enterprises haven't felt such negative pressure in 30 years, says the Hellenic Association of Travel & Tourism Agents. "The negative economic effects experienced thus far have reached dangerous proportions for the future of tourism enterprises," says the...
Posted On 01 Aug 2003

New Investment Bill Introduced

The Greek finance ministry recently introduced a draft bill on investment incentives. The bill contains five points that are significant for the tourism sector. First, investment subsidies for comprehensive plans for refurbishing hotels are revised from 4.5 million euros to 10...
Posted On 01 Aug 2003

New Transportation Business Plan Announced

Government last month announced the approval of a new "Railway-Airport-Public Transport" business plan worth almost 3 billion euros. The lion's share of the funds, some 2 billion euros, goes to modernizing Greece's rail network, particularly the Athens-Thessaloniki and...
Posted On 01 Aug 2003