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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

International Investor Sees Tourism As Greece’s Only Economic Engine

The Greek economy can advance and prosper in the international environment only if it develops itself to cater to up-market tourism and wealthy foreigners wishing to acquire holiday homes, said well-known investor and American fund manager, George Soros, during a recent visit to...
Posted On 01 Aug 2004

Greek Travelers Face Health Problems

Travel agents may not be doing their job as well as they should, according to a recent study from the Center for Infectious Disease Control at the State General Hospital.
Posted On 01 Aug 2004

Athenian Hoteliers Experience Tingle of Optimism

Local hoteliers refuse to go out on a limb and suggest they experience anything close to optimism for 2004, but there was a slight optimistic tingle with the release of April's overnight statistics, which came on the heels of disappointing first-quarter.
Posted On 01 Jul 2004

Athens International Airport Europe’s Best and Safest

Athens International Airport's "Eleftherios Venizelos" was recently voted the best and safest airport of its kind in Europe and the second best in the world, according to an independent survey carried out by the Global Airport Monitor of the International Air Transportation...
Posted On 01 Jul 2004

2004 Tourism Picture Remains Clouded

When compared with last year, the drop in tourism arrivals this year is expected to reach anywhere between less than 1% to as high as 10%. It all depends on whom you listen to. Tourism revenue, again according to whom you listen to, will drop from 5% to as high as 15% against...
Posted On 01 Jun 2004

Greece’s eTourism Potential Remains Untapped

The majority of Greek Internet sites are in the early stages of development concerning electronic tourism, said Dr. Dimitrios Buhalis of the University of Surrey during a seminar held last month in Athens. The seminar analyzed a recent study done by the speaker where 348 Greek...
Posted On 01 Jun 2004

Latest Tourism Institute Study Worrisome

Studies released last month by the Tourism Research Institute place Greece's tourism sector in a precarious position. Its annual study, which forecasts this year's tourism flow and analyzes last year's results, found Greece was far behind its competitors. Last year, Greece saw...
Posted On 01 Jun 2004

No Increase Expected in Domestic Travel this Year

Hoteliers that count on a substantial rise in domestic travel this year because of the Games may be disappointed. According to research released last month by Greece's major consumer protection group, at least one in three Greeks has no intention of taking the traditional summer...
Posted On 01 May 2004

Drop in Bookings Encourage Tour Operators to Demand Lower Prices

On average, Athens area hotels so far have kept overnights at last year's level and look forward to a good summer. Not so with hotels outside the area. This season's holiday bookings are down 15 to 20% against last year, according to reports from Hellenic Tourism Organization...
Posted On 01 May 2004

Tourism Sector Lacks Pertinent Data

The decision making process for most business enterprises and for the formation of a general economic sector policy, such as a tourism policy, begins with the attempt to obtain as much data as possible.
Posted On 01 Mar 2004

Tourism Industry Leaders Pessimistic for 2004 Season

Greece's tourism professionals are not in the least optimistic about the future of the country's main currency-earning industry thus crushing earlier hopes that 2004, being the country's Olympic year, would provide the much-needed shot in the arm to the sector.
Posted On 01 Mar 2004

Athenian Hotels Record Major Drop in Overnights

Overnights in the Athens area dropped an average drop of 11.5% last year when compared with 2002, according to statistics released last month by the Attica Hoteliers' Association. The association says the drop is phenomenal considering it took place the year prior to Athens...
Posted On 01 Mar 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

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