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

Higher Euro Equals Lower Tourism Arrivals

With the recent rally in the euro, which has pushed the currency close to historic highs against the dollar, professionals in the tourism sector begin to doubt expectations expressed by officials for a substantial increase in tourism arrivals this year. They say the rising euro...

Competitiveness of Greek Tourism Product Continues to Decline

Greece continues to lose ground as a preferred tourism destination. In 2004, Greece placed 16th as a tourism destination choice worldwide, a drop from 13th in 2002, according to the findings of a recent study titled, "The Challenge of Competitiveness and Redefining Greek Tourism...

Louis Cruise Lines Purchases 12th Vessel

Piraeus soon welcomes yet another cruise ship to its port. Louis Cruise Lines last month signed a $35-million deal for the purchase of the Birka Princess from the Finnish cruise line Birka. The new addition will bring the group's fleet up to 12, of which four fly the Greek flag....

Greek Village Highlights Benefits of Light Tourism

Nymphaion, which not so very long ago was an isolated, abandoned village of 35 elderly inhabitants in northern Greece, has come to life again. The settlement and surrounding area has been transformed into a living museum of national heritage and unspoiled nature, population has...

National Bank Sees Tourism Arrival Increase

Tourists visiting Greece will increase by 7.5 percent in 2005, exceeding 13.5 million this year and 14 million in 2006, according to a National Bank of Greece (NBG) report released last month.

ITEP Urges Greece to Open Info Offices in Russia

Because Russians are just now emerging as serious tourists, and because Greece could attract them with the right strategy, the Institute of Tourism Research and Forecasts urges the government here to open information centers and meeting points for tourists in several major...

Greece Outshined Competitors at ITB

For the first time in memory, Greece held its head high at a world travel exhibition and showed the world its capabilities. The Greek pavilion, with its avid colors, wide-open spaces, and design continuity, outshone its Mediterranean competitors, not only with its design but also...

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.

New Era Dawns for Hellas Flying Dolphins

After several years in the doldrums, Hellas Flying Dolphins seems to have pricked the interest of Greece's major coastal shipping companies. Last month, under its new managing director, Gerasimos Stintzis, HFD announced an agreement whereby it would purchase two new vessels. And...

New ITEP Study Focuses on Seniors

Prospects for travel by seniors to Greece is more than optimistic, said the head of the Research Institiute for Toruism (ITEP), Professor Panagiotis Pavlopoulos, during the recent presentation of the institute's latest study. He said seniors are increasing in numbers as a...

2004 Tourism Picture Remains Clouded

When compared with last year, the drop in tourism arrivals this year is expected to reach anywhere between less than 1% to as high as 10%. It all depends on whom you listen to. Tourism revenue, again according to whom you listen to, will drop from 5% to as high as 15% against...

Athens Hosts Europe’s Hotel Managers

Some 280 hotel managers from throughout Europe arrived in Athens recently to take part in the European Hotel Manager Association's 31st general assembly. During the assembly participants heard in-depth reports on Europe's hotel industry and its difficulties.

Renewed Interest in Golf Investment

The Greek tourism sector, struggling to defend its share of the market against cheaper rivals such as Turkey and other Mediterranean nations, is eager to stretch its season beyond the summer months and become more than a sun-and-sea paradise for holidaymakers that are on a budget.

Government Replaces Its Tourism Leaders

The government says it will present a comprehensive restructuring plan for the country's tourism administration. The announcement followed the replacement of government tourism leaders and the reshuffling of responsibilities among the Development Ministry's General Secretariat...

Research Institute Sees Continual Tourism Decline

Greece's tourism sector continued to fall further behind its foreign competitors during the first nine-month period of this year, according to the latest report published by the Institute for Tourism Research and Forecasting.

Cruise Sales At Home Drop Significantly

It's not only local cruise companies -- for the first half of this year cruise passengers on Greek vessels are down some 30% over the same period last year -- that face difficulties this year.

New Crete Golf Course Opens July 5

Greece's newest golf course opens this month on the island of Crete. Owners say it is the most challenging golf course in Greece and one that will be meticulously maintained. The course takes in the typical ancient landscape of Crete and will host many of the visitors that come...

Cruise Market Concerned but Upbeat

Greece's passenger shipping association says its sector is in for a difficult time this year. It wants government to help soften the blow with a cut in port costs, and subsidies for new employees, for newbuildings, and for employee insurance. It also wants a 50% increase in...

A (Royal) Family Affair

The dream of most Greek small business owners is for their children to follow in their footsteps and expand the family business. In most cases, however, their children follow their own dreams. In rare cases, all of the children's dreams follow that of the founder. One such dream...

Athens Hilton Reopens

After a multi-million-euro refurbishment and expansion program, the Athens Hilton reopened last month to the cheers and admiration of employees and special guests. The "new" unit takes on a complete new look inside and out with a particular emphasis on a modern style with lots of...