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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...

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.

Zorpidis Expansion Continues with New Athens Office

For anyone walking into the new downtown Athens offices of Zorpidis Travel Services it's difficult to imagine that there's a tourism crisis. Besides bustling with activity, the office permeates a feeling of success. It will be hardly surprising to see the office expanded within a...

Worldspan Powers Ahead with Monogram

Travel technology provider Worldspan is reaping the rewards of its investment program in the Greek travel industry market with further agency wins and several new product introductions over the past several months.

Amadeus BTI Agreement in Full Force

After the initial signing of a cooperation agreement between Amadeus Hellas and Business Travel International early this year, Amadeus quickly began to its new front office system and its Amadeus Vista within the BTI offices in Athens and Thessaloniki.

Corporate Online Travel Bookings to Double in Next Three Years

The battlefield lines are being drawn in the evolving online corporate travel arena. Players positioned at the brink of head-to-head combat, as well as those scuffling behind the front lines, are engaged in an intriguing mix of cooperation and competition. Many are devising...

Holiday Malta Moves to New Offices

To start of the new spring and summer tourism season with a bang, Holiday Malta Hellas moved to new offices on Alexandras Avenue and created a number of new vacation packages, including ones for organized groups and incentives.

Balkan Federation Agreement Signed

The Federation of Travel and Tourism Agencies Association in the Balkan Region is now a reality. During last month's Tourism Panorama the final signatures from seven presidents of 10 Balkan country travel agency associations entered the cooperation agreement.

First Sports Tourism Company Up and Running

Sportius Hospitality, the first Greek company to specialize in sports tourism, said during a recent presentation that it aims to be the biggest organization here to provide accommodation during next year's Olympics. Company executives said they would have 5,500 rooms and...

Amphitrion Bucks Trends and Expands

In today's difficult climate most companies attempt to cut costs to the bone and downsize as much as possible. But not Amphitrion Holidays, which is one of the country's biggest and most successful tourism enterprises. Its most recent expansion activity was to open a new airline...

Solid Soft Banks On Expansion

Greece's top back-office software provider for Greek travel agents, Solid Soft International, recently launched a series of expansion moves. These initiatives could place the company within an enviable position in the years to come.

Travel Agents Do Not Need Airlines To Survive

With airlines posting negative revenue reports, and their "zero commission policy," the future of the travel agency industry was considered in doubt last year. But some agents have found ways to prosper amid all the uncertainties.

The Rise and Fall of Greece’s Top Name in Travel

A few years back, many in the travel industry would point to Manos Travel as an example of how to succeed in the business. The company started from a small office and through pioneering ideas grew by leaps and bounds into the biggest and most successful in the country.

Cel Tours Takes On Mongolia

There are times when a visitor to a foreign country feels more comfortable in this new environment there than at his or her home. That's the feeling Mary Souli experienced on her recent trips to Mongolia. She was there to create new package programs for her company, Cel Tours.

Eurostar Signs New Agreement With Galileo

Eurostar, one of the largest tourism corporations in Greece, recently expanded its cooperation with Galileo Hellas concerning the Galileo's electronic reservation system (CRS) Eurostar uses at its headquarters and branch offices.

FerryScreen System for ferries

FerryScreen, a reservations and online ticketing system for coastal shipping companies that's owned by Analysis SA says it issued more than one million coastal lines' tickets for Anek and Blue Star Ferries this year and by the end of 2001 the number will exceed 1,250,000.

Travel Company Mergers On Hold

Some six months ago the biggest news circulating within the local travel trade included the merger talks between Amphitrion and the Lambrakis group's Travel Plan, and the purchase of Manos Travel System by the Vassilakis group (Hertz). Neither deal reached fruition, nor did any...

Galileo Becomes First Global Reservation System Not Owned By An Airline

Galileo International, Inc., a popular global distribution system used by Greek travel agents, recently signed an agreement with Cendant Corporation of the U.S. According to the agreement, Cendant acquires all of the outstanding common stock of Galileo for about $2.9 billion....

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...

Silver Star Opens Athens Office

Thessaloniki-based Silver Star Holidays opened a branch office in Athens recently. Like the head office, it deals only directly with travel agents with tour packages to Malta, Turkey and Syria. It is also the exclusive representative in Greece for the Corinthia hotel group.