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

Two of Greece’s Biggest Travel Agencies Initiate Merge

Two of Greece's major travel enterprises took the plunge last month and started off the new year with a merger announcement. Panagiotis Zerzivilis of Aktina Travel and Giorgios Economou of Marine Tours said they merged their consolidation departments and formed a new company...

Annual ABTA Report Promotes Greece and Athens City Breaks

Positive remarks for Greece in general and Athens in particular were included in the recent annual report of vacation preferences formulated by the Association of British Travel Agents. For 2005 vacation possibilities, the association reminded members of the efforts carried out...

Huge New York Company Buys European Travel Giants Octopus and Gullivers Travel

Cendant Corporation recenlty announced that it has agreed to acquire privately held, UK-based Gullivers Travel Associates, the trading name of Donvand Ltd., and Octopus Travel Group Ltd. (together: "Gullivers") for approximately $1.1 billion in cash.

Athens Hosts First Luxury Travel Show

Luxury travel is an industry in its own right representing 3% of elite travelers worldwide who account for 20% of total annual travel expenditures. This segment of tourism is expanding at an increasing rate and shows no sign of slowing down.

World’s First Double-deck Passenger Aircraft Unveiled

The world last month took its first official look at the biggest airliner yet built during a spectacular ceremony attended by the leaders of four countries, the heads of 14 airlines and operators - Airbus A380 customers - shareholders and thousands of invited onlookers.

La Greca Celebrates 40th Anniversary

La Greca Travel in downtown Athens this year celebrates 40 years of quality service to Greece's travel sector. The office, opened in 1965 by Diana Panagiotopoulou and her husband, gradually became well respected for its quality intensive services, which was no easy feat in the...

Airotel Opens Achaia Beach

After some two years of radical renovations activity, the Airotel Group of Hotels re-opened its Achaia Beach property, which sits a mere four kilometers from the commercial center and port of Patras.

Hotel Occupancy Rates Drop

November 2004 saw a considerable decline in occupancy at Athens hotels of all categories, compared with the same month in 2003, according to the Attica Hotel Association. In some categories, the drop exceeds 25 percent.

Regional Authorities Now Urge for Lower Athens Airport Fees

The municipal authorities of the Saronic Gulf tourist islands of Aegina, Poros, Hydra and Spetses last month made a joint appeal for a reduction in usage charges at Athens international airport, Eleftherios Venizelos, which they said would encourage more charter flights to the...

New Scheduled Flights for Helios Airways

Helios Airways announced recently that it would add two new flights from Heathrow to Larnaca this summer, taking direct service to Cyprus from 5 to 7 times a week.

Ferry Owners Confront Government with Demands

The Union of Coastal Shipowners late last month presented the government with a series of demands they feel must be confronted and solved in order for them to invest in new passenger ships.

Louis Cruise Lines Brings Yet Another Cruise Vessel to Piraeus

Louis Cruise Lines announced the purchase of the cruise ship "Seawing" from My Travel Group plc, in response to the surge in demand for cruises from Piraeus.

Seaworld Opens On Crete this Spring

Seaworld, a new, innovative aquarium, promoted as the largest and most modern in the Mediterranean, opens on Crete early this year. Four thousand sea creatures, currently being kept in fish traps by the Fish Farming Institute, will be transferred to the 32 tanks that are ready at...

No Commissions From BA for UK Agents

British Airways last month delivered a two-punch strike to the British travel agent community. Not only does the airline plan to cease paying agent commissions, it also will block IATA agents doing less than £50,000 of business over a 12-month period, a move that will affect an...

Larissa Imperial Opens in Thessalia

Grecotel's newest hotel, the Larissa Imperial, held its grand opening recently amid hundreds of special guests from the political and cultural sectors.

Hyatt Bids for Albanian Casino License

Hyatt Regency Hotels & Tourism Hellas announced it will bid in the international tender for a license to operate a casino in the Albanian capital, Tirana, for 15 years.

Beijing Tourism Fair Promises Strong Outbound Travel Contacts

This year's Beijing International Tourism and Travel Market (BITTM), which takes place in Beijing April 20-23, is proving to be the premiere event of 2005 for world travel brands serious about increasing their market share from China.

Attica Holdings Enters Ro-Ro Market

The Board of Attica Holdings S.A. last month announced the delivery of 7,395 GRT, ice-class 1A, Ro-Ro ferry m/v Nordia, capable of carrying approximately 90 unaccompanied freight units.

New Development Law Receives Positive Reactions

Tourism entrepreneurs were generally positive to the government's new investment incentives bill, which supports small and medium-sized enterprises and contains a special chapter on tourism.

Prime Minister Wants Athens a Year-round Tourism Destination

Olympic installations will remain in the hands of the state and will leave a lasting legacy by making Attica a year-round tourist attraction and by upgrading the quality of life of local residents, Prime Minister Kostas Karamanlis said during a recent press call.