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Greece's latest tourism industry news by Greek Travel Pages (gtp)

Tourism Units Head For Stock Market

At least four tourism enterprises head for the Athens Stock Exchange this year in search for cash. The Astir Group wants 18 billion drachmas, the Divanis group 20 billion, the Club Hotel Loutraki 55 billion, and the Casino Xanthis two billion drachmas.

Mergers Turn 20 Ferry Lines Into Three, But Some Routes Monopolized

"Sales commission for travel agents has been reduced; there are fewer discounts available; special group rates have been abolished; and prices have risen more than 20% on some routes."

Panorama To Host 250 Exhibitors

Greece's domestic tourism fair, which has opened its doors to international exhibitors for the first time, expects to host a record number, more than 250, of exhibitors this year. From the international arena, organizer Kappa Exhibitions expects participation from countries such...

C&N Bids For Thomson Travel

A decent development in Europe's tourism industry places the sector within the new globalization sphere where most of the world's major industries now sit. Last month, C&N Touristik (Condor & Neckermann) made an official hostile takeover bid for the UK's Thomson Travel Group. The...
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