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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...
Posted On 01 Oct 2001
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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...
Posted On 01 Oct 2001
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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.
Posted On 01 Oct 2001
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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...
Posted On 01 Oct 2001
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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...
Posted On 01 Sep 2001
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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.
Posted On 01 Sep 2001
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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.
Posted On 01 Sep 2001
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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...
Posted On 01 Aug 2001
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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...
Posted On 01 Jul 2001
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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.
Posted On 01 Jul 2001
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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...
Posted On 01 Jul 2001
, By
Hellenic Tourism Organization's secretary general, Evgenios Yiannakopoulos.
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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.
Posted On 01 Dec 2000
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Tourism Best Bet For Job Creation

The most recent study carried out by the Research Institute for Tourism urges government to take advantage of the many opportunities open in the tourism sector to create new jobs. "Greece has a dynamic workforce, a large proportion of which do not need specialized skills but can...
Posted On 01 Dec 2000
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Thessaloniki Hotels Half Full, But More Needed

On the average, hotels in Greece's northern capital, Thessaloniki, during the first eight months of this year posted a occupancy rate of 52%. Hoteliers say they are hardly satisfied with the result, but they say at least they have managed to increase the number of foreign...
Posted On 01 Nov 2000
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Tourism Arrivals Up Over Last Year

Arrivals to Greece during the first half of this year proved to be on a scale expected by local analysts. Arrivals to the Dodecanese resort island of Rodos, from Athens, rose by 32% to 277,308 in the first six months of the year, compared with 1999, the Civil Aviation Authority...
Posted On 01 Oct 2000
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Greek Internet Users Still Low On European Scale

The basic causes for the low penetration rate of the Web are two: the relatively high cost of access and the lack of Greek content.
Posted On 01 Oct 2000
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Conference Tourism Remains Strong

Ever larger numbers of Greek hoteliers have invested heavily in conference facilities over the past years. So far, the investment has paid off. Expenses have been covered royally as income from conference organization is substantial.
Posted On 01 Sep 2000
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More And More Greeks Head For The Hills

This year, a substantial number of Greek holidaymakers headed for the mountains during the peak July-August vacation period instead of heading for the beaches. "An increase in mountain tourism has been seen in the past few years, even during the summer months," says Thimios...
Posted On 01 Sep 2000
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Electronic Booking May Soon Replace Brochures

The brochure for travel may fade from travel offices within the next decade, according to the latest trends in travel sales. Major tour operators are planning Internet websites, with videos of destinations, to eventually replace the now standard printed brochures, which have...
Posted On 01 Sep 2000
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Greek Tourism Dreams Continue To Infiltrate Japanese Market

Strong penetration of Greek tourism into the Japanese market continues unabated. The most recent achievement was the release of a second four-page supplement that focused on the latest developments in the Greek tourism sector.
Posted On 01 Sep 2000
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