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Greece's latest tourism industry news by Greek Travel Pages

Festival Cruises Sells Three Vessels

In late January, Festival Cruises (of Greek-Italian interests) was broiled in talks with creditors in an attempt to reverse a decision to auction off its three recently acquired cruise ships -- the Mistral, European Vision and European Star. In mid February, Festival announced...

Festival And P&O Call Off Merger Talks

The proposed merger between Festival Cruises and Norway's P&O fell through last month. Both companies said the low prices of cruise companies on international stock markets did not warrant any merger moves at the present time. They did not, however, exclude a merger sometime in...