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Hyatt Regency Buys Grande Bretagne Shares

Through share purchases on the Athens Stock Exchange, the Hyatt Regency of Thessaloniki purchased at least 17% of the Athens-central deluxe hotel Grand Bretagne. Hyatt said it would acquire additional shares if the open-market price is reasonable.
Posted On 01 Jun 2000
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Minos Palace, Lasithi, Crete
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Tourism Units Head For Stock Market

At least four tourism enterprises head for the Athens Stock Exchange this year in search for cash. The Astir Group wants 18 billion drachmas, the Divanis group 20 billion, the Club Hotel Loutraki 55 billion, and the Casino Xanthis two billion drachmas.
Posted On 01 May 2000
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GA Ferries Expands Fleet

GA Ferries has enlarged its fleet of ferries through the recent acquisition of three new, modern vessels. The first of the new high-speed vessels, the Milenaki, will take on Cycladic routes this May.
Posted On 01 Apr 2000
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Konstantinos Mitsiou, Amphitrion's chairman, with his new professional manager, Nikos Gazelides.
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Amphitrion Group Moves At A Steady Speed Forward

Konstantinos Mitsiou of the Amphitrion group of travel companies does things that few in the local travel industry dare. He has created companies that specialize in specific areas of tourism and opened offices in far-flung areas, such as North America, Japan, and perhaps soon,...
Posted On 01 Apr 2000
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Four New Superfast Ferries In The Baltic Sea In 2001

Superfast Ferries (Attica Enterprises) announced plans last month to deploy four brand new ultramodern car-passenger ferries - Superfast VII, VIII, IX and Χ - in the Baltic Sea in 2001.
Posted On 01 Feb 2000
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Astir Group Up And Running

Astir Palace Resorts at the Athens suburb of Vouliagmenis starts off the new year with grand plans for modernization and expansion. Astir's managing director and general manager, Alexios Kimisis, says the group intends to spend more than 10 billion drachmas in a 5-year plan to...
Posted On 01 Feb 2000
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