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

Meridian Joins Hotelbeds Family

It would seem that professionally managed Greek tourism offices are in demand within the international marketplace. The latest evidence is the Meridian buyout bid by Hotelbeds, a part of the First Choice Holidays PLC Group (UK).

Blue Star Ferries Reports Solid Growth

Blue Star Ferries last month reported after tax profits of 17.5 million euros for 2005, an increase of 66.4% from the 10.5 million euro profit reported in 2004. Total revenues increased despite a 25.5% decrease in the number of sailings.

Superfast Ferries Remains Greece-Italy Leader

For the eighth consecutive year, Superfast Ferries held the leading position for the transportation of passengers and freight units on the Greece-Italy route in the Adriatic Sea. Last year, the company's market share for passengers was 24.2%, for freight units 21.7% and for...

Qatar Unveils Radical New Look

Qatar Airways during the recent ITB tourism fair unveiled its brand new look that takes it into the next generation of air travel. From new aircraft livery to innovative onboard products, award-winning Qatar Airways says it is making radical changes to its image, reflecting...

Pro-Am Golf Tournament on Crete

The First Aegean Airlines Pro-Am Golf Tournament will take place June 2-4 at the Crete Golf Club in Hersonissos, an 18-hole championship course designed by Bob Hunt of PGA DC in Great Britain.

China Theme Park in Athens

Chinese investors intend to create a theme park in Athens featuring cultural elements from their country, according to a report in the financial daily Kathimerini.

Aegean Speed Lines Connects Western Cyclades

Aegean Speed Lines, founded last year by the Eugenides Group and the British company Sea Containers, announced last month that it would refund within 30 days any ticket lost by a customer, provided the lost ticket has not been used.

European Cruise Market Continues Expansion

Louis Cruise Lines last month announced the delivery of the latest addition to its fleet, the 1,250-passenger cruise ship Sea Diamond (ex-Birka Princess). After its planned upgrading, the Sea Diamond this month begins 3- and 4-day cruises from Piraeus on behalf of Louis Hellenic...

Career Options in the Hotel Sector

Tourism is Our Future was the title of a conference organized by the Alpine Center and Kariera SA last month to discuss career opportunities and trends in the hotel industry. Speakers included representatives from leading hotels and the Greek Association for Tourist Enterprises.

New Tourism Development Minister Appointed

In a surprise move last month, during a reshuffle of ministers the government replaced its tourism minister, Dimitris Avramopoulos, with former deputy culture minister, Fani Palli-Petralia. The change of guard, however, went smoothly with the former tourism minister alongside Ms...

No Delay in New Tourism Legislation

There will be little or no delay in Greece's new tourism legislation, according to the outgoing tourism development minister, Dimitris Avramopoulos. He said the only thing missing from the new legislation is the signature of Greece's health minister, and “being the country's new...

First Choice Buys Meridian Travel

Local incoming tour operator Meridian Travel was purchased recently by the British tour operator First Choice. Julia Laganopoulou, Meridian's managing director, says there will be no change in the company's management for the next three years, but that the company will begin...

Competitiveness of Greek Tourism Product Continues to Decline

Greece continues to lose ground as a preferred tourism destination. In 2004, Greece placed 16th as a tourism destination choice worldwide, a drop from 13th in 2002, according to the findings of a recent study titled, "The Challenge of Competitiveness and Redefining Greek Tourism...

Greek Tourism Industry Uses But 15% of Potential

Investment in Greece's tourism industry is projected to rise by an average annual rate of 5.4 percent until 2016, according to a study by the World Travel & Tourism Council. The study's authors also estimated that the Greek tourism industry uses a mere 15% of its potential.

Hoteliers Against Direct Subsidies for New Hotels

Hoteliers last month called for a more discriminating application of the investment incentives law for the construction of four- and five-star hotels, and went as far as to demand restrictions in the approval of subsidized projects.

Louis Cruise Lines Purchases 12th Vessel

Piraeus soon welcomes yet another cruise ship to its port. Louis Cruise Lines last month signed a $35-million deal for the purchase of the Birka Princess from the Finnish cruise line Birka. The new addition will bring the group's fleet up to 12, of which four fly the Greek flag....

Attica Holdings Sells Its Shares Of Hellenic Seaways

Attica Holdings (Superfast and Blue Star Ferries) last month announced the sale of 9.6m shares, or 12.3% of the share capital, of Hellenic Seaways, to Amadeus Navigation in return for 21m euros, which amounts to 2.20 euros per share. These shares represent the total investment of...

Tourism Professionals Against EU Directive on Services

The Hellenic Association of Travel and Tourism Agencies last month expressed concern on how the European Union's Bolkestein directive, which is designed to open up the EU service sector, will impact the group's members.

New Accessibility Plan Promises Tourism for All

Preparations for the Olympic and Paralympic Games in 2004 jumpstarted the long-needed improvements to make Greece, and Athens in particular, more accessible to people with special needs. Ongoing initiatives for improved access are being made through the Ministry of Environment's...

Greek Destinations Urged to Promote Conference and Meetings Tourism

Nature, sea, culture and city tourism are the four pillars on which the effort of the Tourism Development Ministry to enrich the Greek tourism product rests, said the ministry's special secretary, Haris Kokkosis, during the 2nd International Meetings Industry Conference (IMIC...