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Greece's latest tourism industry news by Greek Travel Pages

Tourism Sector Weakened By Strong Euro

The strength of the euro against the dollar brings some opportunities to the forefront for Greek travelers to countries outside of the EU. The same applies to travelers from other European Union countries, including Greece's main markets of Germany and Britain, who may forsake...

Tourism to Greece at Satisfactory Levels Says WTO

Tourism arrivals to Greece in 2002 remained at a satisfactory level, said the Word Tourism Organization's secretary general, Francisco Frangialli, during the recent Fitur travel fair held in Madrid. He added that prospects for Greece's tourism sector remain positive in light of...

Travel Trade Concerned But Optimistic For 2003 Tourism Year

Despite ominous forecasts, Greek hoteliers and travel agents are somewhat optimistic for this year's tourism sector. They feel Greece this year most likely will have fewer than anticipated losses thanks to its six-month EU presidency, which is expected to be a boon for the...

Grave Concern For 2003 Tourism Industry

Members of the Association of Greek Tourism Enterprises expressed grave concern for Greece's tourism industry this year. The association's president, Stavros Andreadis, said that after last year's drop of about 5% in overall arrivals, coupled with international events, this year...

Superfast Ferries Posts Super Revenue

Superfast Ferries posted sales of almost 160 million euros for the first nine months of last year. Some 61% of sales came from the Adriatic market, about 30% from the Balkan market and the remaining 9% from the North Sea routes.

Aegean Continues Expansion To German Centers

Aegean Airlines is one of the few airlines in the world today that has been able to cut costs drastically, without cutting service standards, over the past 12 months. As well, the private Greek carrier managed to increase revenue in 2002 by more than 14%, to reach 180 million...

Development Minister Agrees To Formation Of Private Company To Promote Greece

Once again, the Hellenic Tourism Organization was unable to get its tourism advertising program off the ground as scheduled. Instead of last October, the organization got its 31-million-euro (10.6 billion drachmas) program for 2002 off the ground in mid January with television...

SETE Pessimistic For Sector Tourism This Year

Nikos Angelopoulos, vice president of the Association of Greek Tourism Enterprises, told its annual Christmas press gathering that he and the association were not optimistic for tourism possibilities in 2002. He said association sources foresee a possible drop in arrivals from...

Cuts In Airport Taxes May Help Airline Survival

Greece's government, in late December, announced measures to lower costs for the airline industry. It said this should help fortify the sector, which suffers more than most economic sectors after the September 11 terrorist attacks against the U.S. The attack continues to deter...

Attica Enterprises Opens Germany-Sweden Route With Yet Another New Super-fast Ferry

Superfast IX, for the moment the newest vessel in the Attica Enterprises' fleet, last month began service on the new Germany-Sweden route between the port of Sodertalje, in the greater Stockholm area and the port of Rostock, Germany. The new service represents the second stage of...

More Funds To Be Spent On Greek Tourism Promotion

Economy and Finance Deputy Minister Christos Pachtas approved credits worth 32 million euros (11 billion drachmas) to finance a marketing campaign for Greek tourism, domestically and abroad. That is twice the figure spent last year, the minister said.

Twelve Superfast Ferry Launched

Superfast XII slid gracefully down the slipway of the yard into the waters of the Baltic Sea last month. Attica Enterprises, the holding company for Superfast Ferries, said its newest super-fast vessel is due for delivery from the Flender Werft shipyards in Lubeck, Germany, in...

Superfast And Costa Crociere Alliance

Attica Enterprises, the holding company for Superfast Ferries, and cruise company Costa Crociere, owned by Carnival Cruise Lines, signed signed a letter of intent to create two joint ventures in cruise and ferry operations.

Lufthansa Closes Thessaloniki Office

In the wake of the many repercussions after the September 11 disaster, some companies were quick to cut costs in hopes of staving off financial disaster. The German carrier Lufthansa, for example, announced the closure of its Thessaloniki office.
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Superfast And Strintzis Increase Sales And Market Share

Although both Superfast Ferries and partner Strintzis Lines (Blue Star Ferries) increased sales and market share during the first half of this year, profits for both are down. When Attica Enterprises, owners of Superfast Ferries, last month announced its first-half financial...

Lufthansa Increases Capacity Between Athens And Frankfurt

Lufthansa German Airlines has reported that for the first time more than 300,000 passengers in the month of July have traveled between Athens and Germany. Due to high demand, the carrier in April placed an Airbus A300-600 instead of and A 320/321 on the route, which increased...

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.

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.

European Airlines Create Online Travel Portal

Nine of Europe's leading airlines recently unveiled plans to move into the online travel market with the launch this year of a new online travel service, that sells flights and other travel products direct to the consumer.

Yet Another New Superfast Vessel Launched

The roll-on, roll-off ferry vessel Superfast XI last month was slid gracefully down the slipway of the Flender shipyard in Lubeck, Germany, into the waters of the Baltic Sea launched at. The 200-meter-long Superfast XI, built for Superfast Ferries' holding company, Attica...