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Greece's latest tourism industry news by Greek Travel Pages (gtp)

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.

Four Bids For Greek Marina Development

Four business groups forwarded final proposals to Greece's national economy ministry after a call by the ministry for bids. The ministry wants to select a consultant group that could develop state marinas, recreation centers and a yacht shelter network.

Lefkada Marina Contract Awarded

A consortium that includes four construction companies and the Kyriacoulis group (marines and yachting) has been named the successful bidder in the tender for the management and operation of Lefkadas Marina for the next 43 years.

Astir Group Up And Running

Astir Palace Resorts at the Athens suburb of Vouliagmenis starts off the new year with grand plans for modernization and expansion. Astir's managing director and general manager, Alexios Kimisis, says the group intends to spend more than 10 billion drachmas in a 5-year plan to...

Tourist Arrivals Increase By At Least 7%

Tourist arrivals to Greece are expected to top 12 million in 1999, up 7.0 percent against the previous year despite a slowdown in overland arrivals due to the Yugoslav war.
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