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//March 1, 2004

A note by the publisher

Over the past six months, we have seen many airlines not only abuse dominant position but also engage in concerted practices, both of which are against competition laws.* The first such case concerned the Dutch airline KLM, which abused its dominant position by dictating a cut in...
Posted On 01 Mar 2004
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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
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Olympic Prices for Greek Tourism Sector

A lot has been said recently on the difficulties that face the Greek tourism market and whether or not tourism enterprises will manage to scrounge out a profit from business activities this year, the year of the Athens 2004 Olympic Games. According to some recent surveys, most...
Posted On 01 Mar 2004
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Legislation for Tourism Marketing Firm

Legislation before parliament foresees the creation of a tourism marketing firm, most likely under private management. According to the legislation, 51% of the firm's capital will be held by the Hellenic Tourism Organization and the remaining 49% will be split among regional...
Posted On 01 Mar 2004
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Festival Cruises Sells Three Vessels

In late January, Festival Cruises (of Greek-Italian interests) was broiled in talks with creditors in an attempt to reverse a decision to auction off its three recently acquired cruise ships -- the Mistral, European Vision and European Star. In mid February, Festival announced...
Posted On 01 Mar 2004
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Superfast Ferries Considers New Investment Program

After the sale of four of its first-generation super-fast ferry vessels, Attica Enterprises reportedly has its eyes on foreign shipyards for the construction of new vessels within the framework of a new investment program. This time, however, the new vessels concern its coastal...
Posted On 01 Mar 2004
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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
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Jean-Henri Antoine (center) was elected president of the European Hotel Managers' Association during its 31st general assembly held in Athens. Christos Tzianos and Johanna Fragiano were elected vice presidents.
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Athens Hosts Europe’s Hotel Managers

Some 280 hotel managers from throughout Europe arrived in Athens recently to take part in the European Hotel Manager Association's 31st general assembly. During the assembly participants heard in-depth reports on Europe's hotel industry and its difficulties.
Posted On 01 Mar 2004
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The International Tourism Exchange ITB Berlin represents every aspect of the value-added chain in the international tourism industry. ITB 2004 expects more than 9,000 exhibitors.
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ITB 2004 Expects More Than 9,000 Exhibitors

The International Tourism Exchange ITB Berlin 2004, which will take place from 12 to 16 March on the Berlin Exhibition Grounds and in the International Congress Center ICC Berlin, represents every aspect of the value-added chain in the international tourism industry.
Posted On 01 Mar 2004
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The Touristiko Panorama 2004 fair is dedicated to the Athens-Attica area and the network of Olympic Cities.
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Panorama Tourism Fair Premieres Olympic Greece

Visitors to this year's tourism fair Touristiko Panorama get the first glimpse of "Olympic Greece" and also get the chance to form initial impressions on the tourism dimension of the greatest challenge facing the country in modern times.
Posted On 01 Mar 2004
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Travel Agents last month joined with the CSA Czech Airlines’ team here in Athens to celebrate the 1st anniversary in the carrier’s new offices.
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CSA and Korean Air Sign Code-share Agreement

Korean Air, a SkyTeam alliance member, begins flying between Prague and Seoul, South Korea, as of May 22 with Czech Airlines as its code-share partner. The Czech flag carrier will offer its passengers flights to Seoul and will also be the general agent for cargo.
Posted On 01 Mar 2004
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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
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The new combination will become the largest airline in Europe in terms of revenue and rank third behind American Airlines and United Airlines in passenger traffic.
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Air France-KLM Merger Approved

Competition commissons in both the European Union and America last month approved the proposed merger between Air France and Holland's KLM airlines. With this approval of the carrier's de facto takeover by Air France, KLM's life as an independent airline comes to an end.
Posted On 01 Mar 2004
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