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

Internet Travel Purchases Continue Rapid Increase Home And Abroad

Internet may account for one in every four travel purchases in the main generating markets within the next five years, according to a recent report issued by the World Tourism Organization Business Council.

SETE Pessimistic For Sector Tourism This Year

Nikos Angelopoulos, vice president of the Association of Greek Tourism Enterprises, told its annual Christmas press gathering that he and the association were not optimistic for tourism possibilities in 2002. He said association sources foresee a possible drop in arrivals from...

Women Strongest Clients For Business Travel

The number of women that travel for professional reasons continue to increase and now reaches some 50% of total business travelers, compared with a meager 1% back in 1970, said Josiane Loutfi, president of the International Federation of Women's Travel Organizations during a...

Still No Master Plan For Greek Tourism

Greece can expect to see a 5- percent increase in tourist arrivals next year based on the double premise that the global economy recovers from the current uncertainty and the government takes steps to boost the industry, according to a study released last month by the Tourism...

Marine Development Profitable

The first phase of the bidding process for the privatization of the Alimos, Floisvos and Zea marinas conducted by the Hellenic Tourism Properties is completed. And some very powerful business groups are among those that will continue to participate in the final stage.

Europe Still The World’s Convention Continent

Congress and convention specialist, Wolfram D. Svoboda, the head of marketing at the International Congress Center Berlin, said he's very optimistic on the future of congresses as people always will have the demand for personal contacts and personal exchange of thoughts.

WTO Chief Foresees Positive Tourism Growth

The global tourism industry is projected to grow by 1 to 1.5 percent this year, down from an original forecast of 3 percent, due principally to the global crisis brought on by the attacks on the USA on September 11, said Francesco Frangialli, secretary-general of the World...

Smaller Airlines Preferred By Travelers

It looks like the average flyer believes that the smaller airlines are safer than the big named companies. September's passenger load factor figures were down for Greece's largest airline, state-owned Olympic Airways, as well as major international carriers out of Athens, but...

Online Travel Sites Continue To Increase Popularity

Online travel website Expedia reported better than expected earnings for the first half of this year. In a press release announcing the earnings, Expedia CEO Richard Barton boasted that his company had not only earned more but had continued to gain market share. Gross bookings...

Increase In Number Of British Tourists To Greece

Tourist arrivals from the UK rose by 7 percent this year belying an initial projection of a 4 to 5 percent increase, the Hellenic Tourism Organization announced last month. The figures were compiled from reservations made by UK tourists in the May 2000-August 2001 period for this...

Tourism Knocked Down, But Not Out

The terrorist attacks on New York and Washington last month dealt a terrible blow to the tourism industry, but officials of the World Tourism Organization predict that the industry will demonstrate its characteristic resilience with a quick recovery.

Terrorism Crisis Hits Greece’s Cruise Industry Hardest, For The Moment

Greece's cruise industry, because a significant portion of its business comes from North American customers, is in for a tough time. Along with this, the industry also has to deal with the possible surge in oil prices, the likelihood of a global recession, the difficulties in air...

Tourism Sector Good But Needs Improvement

Domestic tourists, and some foreign visitors, are not happy with the services offered by Greek tourism enterprises. According to the General Federation for Consumer Protection in Greece (INKA), initial data show the tourism sector as a whole needs to upgrade its services and find...

Greece To Welcome 17 Million Tourists By 2020

Greece's tourism sector remains the country's strongest economic leg, but according to the World Tourism Organization the sector will grow at a much slower rate in the next two decades and lose ground in favor of its neighbors.

Arrival Figures Remain Steady

Greece's tourism industry is expected to host about the same level of visitors as last year, but prospects regarding revenue are less certain.

Online Mergers Begin In Travel Sector

It looks as if the expected batch of mergers in the online travel sector has begun with the purchase of Expedia by USA Networks Inc. The Internet and TV cable company says it plans to become the world's online travel powerhouse by taking control of the world's second largest...

Greek Hotels Look To International Management

With the recent agreement between the Chandris hotel group and the French hotel group Accor, whereby Accor takes over the management of the Chandris group, the Greek capital's major hotels are for the most part managed by multi-national hotel units. This is in stark difference to...

Tourism Institute Says Tourism Arrivals Will Drop This Year

Private sector tourism professionals say we are in for a bad year, but the government's tourism organization insists that we'll see another increase in arrivals this year. The end result will most likely be somewhere in between.

Travel Agents Blame Government For Tourism Arrival Decrease

Because government employees can not do their job properly and because government is unable or unwilling to give the proper incentive or education to rectify the matter, Greece loses billions of drachmas in precious tourism foreign exchange, says Yiannis Evangelou, president of...

Kandor Report Outlines Greece’s Tourism Disadvantages

A strong seasonal character, uneven geographical distribution, low per-capita spending of tourists and the absence of international hotel chains appear to be the disadvantages of the Greek tourism industry, according to an annual report.