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Greece's latest tourism industry news by Greek Travel Pages

Cruise Market Concerned but Upbeat

Greece's passenger shipping association says its sector is in for a difficult time this year. It wants government to help soften the blow with a cut in port costs, and subsidies for new employees, for newbuildings, and for employee insurance. It also wants a 50% increase in...

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...

Festival Cruises Names New Vessels

Festival Cruises, after launching its new Mistral cruise vessel last summer, ordered another two vessels at a cost of 340 billion drachmas. And that's just the beginning. The line expects to double its fleet to eight by 2004.