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

Minoan Narrows Loss

Ferry operator Minoan Lines narrowed its first-half loss to 6.2 million euros from 6.7 million euros in the year-earlier period, the company said in a announcement last month. Group revenues rose 4.6 percent to 83.4 million euros, while earnings before interest, tax, depreciation...

Tourism Organization Warns Against Unnecessary Health Scare

The WTO is to meet with the World Health Organization to combat the looming threat of an avian flu epidemic, which could have a serious impact on international tourism. "We must ensure that people are not deterred from traveling without good reason," said WTO Secretary-General...

European Online Travel Buyers Differ in Approach

Many e-commerce vendors learned the hard way in recent years that you can't take a uniform approach to selling in international markets, and a new PhoCusWright study on the online travel market in the U.K., Germany and France brings home that theme.

Draft Bill Gives OA Six-month Reprieve

The government drafted a bill last month that protects Olympic Airlines (OA) from its creditors and thus guarantees the airline's smooth operation for at least another six months. The draft amendment bars current or future creditors from taking any action against OA until the end...

New Cut in Rail Times to Thessaloniki

Although delays continue, Greece is taking steps to upgrade its national railway system, which still falls short of European Union standards.

Delta Air Lines Files for Bankruptcy Protection

Delta Air Lines last month announced that the company and its subsidiaries have voluntarily filed for Chapter 11 reorganization in accordance with United States law. Delta said it has taken this action as part of its ongoing efforts to address its financial challenges and become...

GNTO Receives Top Travel Award

The Hellenic Tourism Organization has received the top award as Europe's Leading National Tourism Organization from the London-based World Travel Awards agency, according to an announcement made last month by the organization.

EU to Publish List of Unsafe Airlines

The European Union last month received permission from air safety officials to publish a blacklist of unsafe airlines. The list will include companies restricted or suspended from operating their planes to, from or over Europe.

Hoteliers Propose Changes in Zoning Regulations

According to data published recently, more than 40 percent of Greek hotels, an estimated 3,500 out of a total of 8,500, are more or less in violation of zoning regulations.

Tourists Spend Most on Food and Drink

The Institute of Tourism Research and Forecasts (ITEP) last month released figures that offer an insight into how the 14 million tourists expected to visit the country this year might spend their money during their stay.

Athens Tourism Development Agency Activated

The City of Athens Tourism and Economic Development Agency is distributing a new city map at City of Athens tourist info centers throughout the Greek capital. The map includes useful information for visitors including how to get around the city, transportation (metro, tramcar,...

A Good Year, But Next Year Even Better

The strong rise in the number of foreign visitors this year should not cause officials to relax their efforts to solve the problems of the tourism industry, the Association of Greek Tourist Enterprises said last month.

Government to Pursue High-income Arrivals

The government's "Inner Cabinet" met recently to discuss the 10-year Greek tourism development plan drafted by the tourism ministry. According to the plan, Greece would welcome 20 million foreign visitors to 20 million upon the plan's completion, up from a projected 14 million...

Double-digit Increase in Tourism Arrivals

Both private and public sector tourism leaders predict that final tourism arrival figures for this year would show a double-digit increase over last year.

Athens Hosts International Accessible Tourism Seminar

Paricipants from across Europe joined with individuals and organizations in Greece last month to learn more about the current European Union project that centers on creating a One-stop-shop for Accessible Tourism in Europe. Athens hosted this second workshop of the OSSATE project...

Superfast Ferries Scoops “Best Ferry Company” Award

The Attica Group's Superfast Ferries company, which runs Scotland's only direct route to the European mainland from Rosyth to Zeebrugge, was selected 'Best Ferry Company' in the 19th Guardian, Observer and Guardian Unlimited Travel Awards 2005.

SkyTeam Presents Fourth Mexican Festival

SkyTeam, the global airline alliance, last month welcomed top tourism professionals to its annual Mexican Food Festival organized with the cooperation of the Athenaeum Intercon-tinental and the local Mexican embassy. This marks the fourth year in succession for the festival.

Blue Star Ferries Back in the Black

Blue Star Maritime S.A. last month announced that first half results for 2005 show a marked improvement over the same period last year. The Greek ferry line said that earnings before interest, tax, and depreciation increased by 19% and stand at €11.1 million, while net profit...

Yacht Arrivals More than Double

The number of foreign recreational boats arriving in Greek ports and marinas has more than doubled this summer. Data collected by the sector's professional bodies and submitted to the Ministry of Tourism Development, show that from May up until the end of August there were 1,101...

Greek Golf Investment Back in the Limelight

Golf investment in Greece is showing signs of exceptional vigor and numerous projects are proceeding from the drawing board to the fairway.The success of two new courses, one at Porto Carras in Chalkidiki and a second course on Crete, seems to have spurred the strong interest of...