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Travel & Tourism industry news by Greek Travel Pages (gtp)

Travel Trade Concerned But Optimistic For 2003 Tourism Year

Despite ominous forecasts, Greek hoteliers and travel agents are somewhat optimistic for this year's tourism sector. They feel Greece this year most likely will have fewer than anticipated losses thanks to its six-month EU presidency, which is expected to be a boon for the...

Travel Agents Do Not Need Airlines To Survive

With airlines posting negative revenue reports, and their "zero commission policy," the future of the travel agency industry was considered in doubt last year. But some agents have found ways to prosper amid all the uncertainties.

New Lodging Complex For Wine Lovers

Georgos Kokotos, once a well-known hotelier with units on Rodos and Crete, is back in the business: This time with a new and unique product for Greece. He is creating a winery complex with accommodation facilities for visitors who wish to acquaint themselves with the entire...

Grave Concern For 2003 Tourism Industry

Members of the Association of Greek Tourism Enterprises expressed grave concern for Greece's tourism industry this year. The association's president, Stavros Andreadis, said that after last year's drop of about 5% in overall arrivals, coupled with international events, this year...

Bids Called For The Sale Of Galileo Hellas

Greece's transport ministry announced a tender for the sale of a majority stake in Galileo Hellas. Tenders were to be accepted up until January 17.

Flisvos Marina Leased To Lamda

State-owned Hellenic Tourism Properties last month signed a concession agreement that grants operation rights for the Flisvos Marina facility on the Athens coast to the Lamda Technol consortium.

Greece Suggests Balkans Form Tourism Committee

Development Minister Akis Tsohatzopoulos proposes that the Balkan countries create a tourism committee in an effort to better cooperate in overcoming the handicap of being single destinations.

Last Call For Tender To Construct Conference Center

The four short-listed consortiums in the tender for construction and operation for 50 years of the planned conference center in Athens's old airport installations at Hellenikon have been invited to submit their final technical and financial bids to state-owned Hellenic Tourism...

Superfast Ferries Posts Super Revenue

Superfast Ferries posted sales of almost 160 million euros for the first nine months of last year. Some 61% of sales came from the Adriatic market, about 30% from the Balkan market and the remaining 9% from the North Sea routes.

Blue Star Ferries Increases Profit By 75%

Stintzis Lines, owner of Blue Star Ferries, announced last month that the ferry line posted a consolidated 9-month profit before taxes that was 75.3% higher when compared with the same first nine-month-period of the year before and reached 3.4 million euros.

Tourism Concerns Embrace Internet

Some 30 million euros goes to tourism enterprises this year in an effort to force them to embrace new technology, in particular the Internet, say the government's tourism leaders. The funds will come from the European Union's Information Community Business Program.

Internet Bookings Continue to Rise

Holidaymakers throughout Europe are showing a greater preference for booking travel online. In particular, Western Europe is set to see a dramatic increase in the number of hotel reservations made on the Internet this year.

Athens to Celebrate the Rebirth of Hotel de la Grande Bretagne

On the first of next month, Athenians celebrate the rebirth of the capital's most magnificent lodging unit: The Hotel Grande Bretagne. After spending some 70 million euros during the past year and one-half and literally gutting the old "palace," owners rebuilt the GB, as it is...

ITB Tourism Fair Remains Industry Leader

The world's leading tourism exchange, International Tourism Exchange ITB Berlin, remains the industry's number one fair and Greek participation this year again will be substantial.

Convention Bureau Top Priority For New Attica Hoteliers’ Association Board

A convention and visitors bureau for Athens, that's the top priority for the new board of directors of the Attica Hoteliers' Association. Already, the board has the support of the Attica Regional Authority. The next step is to convince travel-related associations in the region to...

Athenian Callirhoe Beats The Averages

While luxury hotel units in the Athens area fight to keep their heads above water and keep above a 60% occupancy rate, the new kid on the block, The Athenian Callirhoe Exclusive Hotel, boasts rates above 75%.

Aegean Continues Expansion To German Centers

Aegean Airlines is one of the few airlines in the world today that has been able to cut costs drastically, without cutting service standards, over the past 12 months. As well, the private Greek carrier managed to increase revenue in 2002 by more than 14%, to reach 180 million...

Airlines Double Passenger Compensation

The European Union's transport council recently announced a decision to effectively double the compensation paid to passengers who are unable to be accommodated on the flights on which they are booked.

Greece Supports International Luxury Travel Market Concept

Greece was a strong player in last month's Luxury Travel Market fair held at Cannes. More than 20 Greek companies paid the steep fees required to participate. In all, some 450 exhibitors from around the world worked out of 167 stands.

Piraeus And Thessaloniki Get Lion’s Share Of Port Infrastructure Funds

Greece's major seaports are scheduled to undergo a series of large construction projects designed to upgrade their infrastructure and increase their cargo handling capacity.