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Greece's latest tourism industry news by Greek Travel Pages

Minoan Narrows Loss

Ferry operator Minoan Lines narrowed its first-half loss to 6.2 million euros from 6.7 million euros in the year-earlier period, the company said in a announcement last month. Group revenues rose 4.6 percent to 83.4 million euros, while earnings before interest, tax, depreciation...

Draft Bill Gives OA Six-month Reprieve

The government drafted a bill last month that protects Olympic Airlines (OA) from its creditors and thus guarantees the airline's smooth operation for at least another six months. The draft amendment bars current or future creditors from taking any action against OA until the end...

New Cut in Rail Times to Thessaloniki

Although delays continue, Greece is taking steps to upgrade its national railway system, which still falls short of European Union standards.

GNTO Receives Top Travel Award

The Hellenic Tourism Organization has received the top award as Europe's Leading National Tourism Organization from the London-based World Travel Awards agency, according to an announcement made last month by the organization.

Tourists Spend Most on Food and Drink

The Institute of Tourism Research and Forecasts (ITEP) last month released figures that offer an insight into how the 14 million tourists expected to visit the country this year might spend their money during their stay.

A Good Year, But Next Year Even Better

The strong rise in the number of foreign visitors this year should not cause officials to relax their efforts to solve the problems of the tourism industry, the Association of Greek Tourist Enterprises said last month.

Government to Pursue High-income Arrivals

The government's "Inner Cabinet" met recently to discuss the 10-year Greek tourism development plan drafted by the tourism ministry. According to the plan, Greece would welcome 20 million foreign visitors to 20 million upon the plan's completion, up from a projected 14 million...

Double-digit Increase in Tourism Arrivals

Both private and public sector tourism leaders predict that final tourism arrival figures for this year would show a double-digit increase over last year.

Athens Hosts International Accessible Tourism Seminar

Paricipants from across Europe joined with individuals and organizations in Greece last month to learn more about the current European Union project that centers on creating a One-stop-shop for Accessible Tourism in Europe. Athens hosted this second workshop of the OSSATE project...

SkyTeam Presents Fourth Mexican Festival

SkyTeam, the global airline alliance, last month welcomed top tourism professionals to its annual Mexican Food Festival organized with the cooperation of the Athenaeum Intercon-tinental and the local Mexican embassy. This marks the fourth year in succession for the festival.

Greek Golf Investment Back in the Limelight

Golf investment in Greece is showing signs of exceptional vigor and numerous projects are proceeding from the drawing board to the fairway.The success of two new courses, one at Porto Carras in Chalkidiki and a second course on Crete, seems to have spurred the strong interest of...

Cosmorama Appointed to Represent Holland America

Independent tour operator Cosmorama, based in downtown Athens, was recently appointed exclusive sub-agent in Greece for Holland America Line.

Greece and Cyprus Mourn Air Crash Victims

A Cypriot-based Helios Airways passenger jet, Helios Flight 522, crashed into a mountainside near Marathon, and about 40 kilometers north of Athens, on Sunday, August 14. All 121 people aboard, including the six crewmembers, were killed. Debris from the crash was spread at least...

Peak Summer Arrivals Increase Substantially

The number of tourists that entered Greece during the month of August mark an impressive rise against the last few years. This year's peak travel period was so strong that a good number of hotels around the country were unable to absorb the demand.

Visitors Enthused With Greek Rock Climbing

In a country with intersecting mountain ranges, thousands of natural climbing sites, a huge range of rocks (each demanding a different style of climbing) and an ideal climate, rock-climbing in Greece is slowly becoming a popular sport for both visitors and Greeks alike.

Ferry Company Mergers Foreseen

Piraeus-based XRTC Business Consultants says it expects more mergers and cooperation agreements within the Greek coastal shipping arena.

Some Ferry Prices Freed and Government Incentives for New Ships

Government last month said it would provide ferry operators with incentives to renew their aging fleets, and that it would liberalize ticket prices for ships sailing out of the Port of Piraeus, all in an effort to improve the country's ferry services.

Greeks Vacation Close to Home

Over a third of the Greek population will not go away on holiday this year, according to a recent survey released by VPRC, a leading independent public opinion research and consulting company here. The survey questioned 614 people throughout Greece who were over the age of 15.

Internet Hosts a Plethora of Fraudulent Travel Companies

Tsabikos Moschatos, president of the Panhellenic Federation of Tourism Enterprises, last month sent a letter to Tourism Development Minister and urged him to set up a tourism crime agency to track people or companies that advertise tourism services without the official operating...

New Long-term Leasing for Public Tourism Properties

Three major long-term leasing projects are in the works by the Tourism Development Company (ETA), for the public properties that include the Corfu casino, the plots housing a golf course at Afandou on Rodos, and another at Epanomi, near Thessaloniki, for the creation of a new course.