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Travel & Tourism industry news by Greek Travel Pages (gtp)

Strategic Tourism Investment on Crete Worth €408m Gets Green Light

A Greek committee that oversees "strategic investments" has approved a foreign direct investment worth 408 million euros planned for Agios Nikolaos on Crete.

Turkish Group To Operate Mytilene Marina

The Mytilene Marina, southern east area of the island of Lesvos, has been leased to Setur, the travel unit of Istanbul-based Koc Holding AS, after it won a government auction in Greece last month.

Minister Presents Tourism Omnibus Bill For Growth

The time period for the Greek National Tourism Organization (GNTO) to grant licenses for Greek tourist accommodation will be reduced from 240 days to 60 days, according to arrangements contained in an omnibus bill presented in late December 2011 by Culture and Tourism Minister...

Mckinsey Study: New National Growth Model For Greece

The Greek tourism sector contributed (directly and indirectly) some 27 billion euros to the Greek GDP in 2010 and could increase that contribution to 45 billion euros annually by 2021 through a series of initiatives and investments, according to the study “Greece 10 Years Ahead”...

EPEST Requests Support For Marine Tourism

The president of the Hellenic Professional Yacht Owners Association (EPEST), Antonis Stelliatos, recently said marine tourism would suffer a 50 percent or more drop this year.

Seaplanes Get Green Light in Magnesia

The Ministry of Mercantile Marine, The Aegean and Island Policy recently granted permission for the operation of waterways for seaplane flights in Magnesia.

Yachting in for a Rough Ride This Year

Early bookings for marine tourism this season reported an 80 percent drop compared with 2007, and due to the global economic crisis it is unknown what to expect for 2009, the president of the Hellenic Professional Yacht Owner Association, Antonis Stelliatos, told Greek press recently.

Exclusive Yachting 2007 a Great Success

Some 18,000 visitors passed through the Exclusive Yachting 2007 exhibition held recently at the Marina of Agios Kosmas. The five-day event offered visitors, according to the organizers, Europartners, a unique experience of yachting and lifestyle up to par with other international...

Final Stages for Aghios Kosmas Marina Long-term Lease

Bids by five companies/consortiums to enter the final phase of the tender for the Aghios Kosmas Marina were opened last month at the office of state-owned Olympic Properties. The best offer tabled in the tender, according to press reports, includes an offer to lease the property...

Doctors On Board Ferries

A recent decision by the ministers of merchant marine and health and social services places "rural" doctors on a number of Greek ferry vessels. The doctors' wages will be paid by the ministry of merchant marine, which has set aside a budget of 696,000 euros to cover expenses for...

Valef Yachts Opens New Office in Piraeus

Valef Yachts recently announced the opening of its Greek offices at Marina Zeas in Piraeus. The office is under the competent management of the founder's two daughters, Kassandra and Alexandra Lefakinis.

Another Record Year for Blue Flags

This year 404 Greek beaches received Blue Flags, compared with 383 last year, placing Greece in second place among the 40 countries participating in the program. A total of 2,549 beaches around the world received Blue Flags, which means that for every six beaches Greece has one...

Flisvos Marina Leased To Lamda

State-owned Hellenic Tourism Properties last month signed a concession agreement that grants operation rights for the Flisvos Marina facility on the Athens coast to the Lamda Technol consortium.

Plan For The Reorganization And Upgrading Of Greek Marinas

State-run marinas in Attica and Thessaloniki will be reorganized and upgraded to the high standards seen elsewhere in Europe, Development Minister Nikos Christodoulakis announced recently.

Greek Tourist Enterprises Enters New Phase

After sitting quietly since its inception some two years ago, the holding company formed to manage the Hellenic Tourism Organization's extensive list of properties seems ready to enter a new phase. At a recent press call to present the company's new chairman, Stefanos...

Major State Investment Program For Tourism

Athens could soon acquire a theme park, an aquarium, a marine research park and more marinas as part of a major two-year investment project by the Hellenic Tourism Organization's new real estate subsidiary, Development Minister Nikos Christodoulakis said last month.

Porto Carras’s New Owners Renovate And Expand Unit

Plans for an extensive renovation of the Porto Carras complex in Halkidiki, northern Greece, will proceed despite an outstanding legal decision concerning management of the unit's casino. One of the new owners of the complex, Greek construction company Techniki Olympiaki,...

A note by the publisher

An article in the August 20 edition of the morning daily Kathimerini caught our eye. The title: "(Greece's) Blue & White is Dropped from 2,250 Yachts; the Consequences of Greek Authorities' Tactics are Incalculable."

Tourism Units Head For Stock Market

At least four tourism enterprises head for the Athens Stock Exchange this year in search for cash. The Astir Group wants 18 billion drachmas, the Divanis group 20 billion, the Club Hotel Loutraki 55 billion, and the Casino Xanthis two billion drachmas.

GA Ferries Expands Fleet

GA Ferries has enlarged its fleet of ferries through the recent acquisition of three new, modern vessels. The first of the new high-speed vessels, the Milenaki, will take on Cycladic routes this May.
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