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Greece's latest tourism industry news by Greek Travel Pages

Blue Star Ferries Reports Solid Growth

Blue Star Ferries last month reported after tax profits of 17.5 million euros for 2005, an increase of 66.4% from the 10.5 million euro profit reported in 2004. Total revenues increased despite a 25.5% decrease in the number of sailings.

Superfast Ferries Remains Greece-Italy Leader

For the eighth consecutive year, Superfast Ferries held the leading position for the transportation of passengers and freight units on the Greece-Italy route in the Adriatic Sea. Last year, the company's market share for passengers was 24.2%, for freight units 21.7% and for...

World Travel Trend Report Foresees Slow Travel Growth

Since economic recovery in Europe has not been as strong as expected, due in large part to weak consumer demand, travel specialists expect slow growth for their sector this year. (Greece on the other hand expects to see arrival increases this year.)

Greece Ideal for Luxury Travel

New thoughts and expectations on the future of luxury travel to Greece were expressed at last month's Exclusive Travel fair held at the Helexpo Palace exhibition center in Athens.

Worldspan Rate Runner Released in Greece

As of late last year, Worldspan's 'Rate Runner' is available within its Go! product for travel agency office managers in Greece and includes which low cost carriers are available in Rate Runner for the markets in Austria, Belgium, Denmark, Egypt, France, Germany, Greece, Hungary,...

WTM Participants Foresee Double-digit Tourism Increase for Greece

Greek tourism is expected to record a back-to-back rise in 2006 following this year's bumper season, which saw an estimated 10 percent increase after years of decline, according to tourism professionals who visited last month's World Travel Market held in London.

Superfast Group Continues to Increase Revenue

Attica Holdings, the holding company for Superfast Ferries, announced last month that its financial results for the nine months to 30th September, 2005, show turnover of 306.5 million euros and earnings before interest and depreciation 89.7 million euros, both up slightly...

Panagiotis Bamides

After some very difficult years, we have finally seen some light at the end of the tunnel, and next year looks like it may be a good year. Nonetheless, the past has shown how important it is for Greece to introduce the 'satellite accounts' method for tourism statistics. This...

Greece Included in New Eurail Pass

Eurail is adding a new Eurail Pass Category and new country combinations to the Eurail Regional Pass for 2006. For the first time in its history, Eurail offers single-country rail passes, starting Jan. 1.

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...

EU to Publish List of Unsafe Airlines

The European Union last month received permission from air safety officials to publish a blacklist of unsafe airlines. The list will include companies restricted or suspended from operating their planes to, from or over Europe.

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.

Ministries Cooperate to Promote Ancient Greek World

At a joint press conference held at Zappeion Hall last month, the minister of tourism, the minister for the Aegean, and deputy ministers for the economy and for culture presented an ambitious series of conferences to be held through-out the summer.

A New Era Opens for Philoxenia Travel Fair

With new ideas, new management and a strong 2004 participation to work with, the organizers of Philoxenia say the Greek travel fair has entered a new era. Last year, the fair welcomed 10% more general visitors and saw a 140% increase in foreign commercial visitors when compared...

Greece Launches Its First Air Show

Greece's first-ever air show will be held in September at the Tanagra air base north of Athens, the Ministry of Defense announced last month.

Government Predicts Substantial Rise in Tourism

Tourism Development Minister Dimitris Avramopoulos last month, during a press call, said that we would see at least a seven percent rise in tourism arrivals this year. He said that according to data received from Hellenic Tourism Organization offices abroad the increase would be...

Greek Tourism Revenue Data from Brussels

Greek tourism recorded a net revenue gain of 7.4 billion euros in 2003, according to the official Eurostat data published last month in Brussels. The revenue from tourists who visited Greece came to 9.6 billion euros in 2003, while Greek tourists spent around 2.2 billion euros...

Minoan Doubles Profits

Minoan Lines announced recently that it managed to more than double its net profit for last year despite a drop in traffic on Adriatic routes and less-than-expected passenger loads on the domestic routes, especially in the summer months during the Athens Olympics period.

Lufthansa Buys Out Swiss

The supervisory board of Deutsche Lufthansa AG and the board of directors of Swiss International Air Lines AG late last month approved the business model jointly developed by both companies for the takeover and integration of Swiss into the Lufthansa Group.

European Travel Trends Released by IPK International

Again this year, IPK International released its Global Travel Trends study during Berlin's tourism fair International Travel Bourse. The study found that Europeans continue their strong preference for sun and sea holidays.