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

Apollo Travel: New Flight from Oslo to Samos for Summer 2019

Apollo Travel has announced the launch of a new flight from Oslo to Samos for summer 2019, which is expected to bring some 13,000 Scandinavians to the island next year.

Greek Ports to Receive Funding for Infrastructure Improvements

Greece will upgrade the infrastructure of 49 ports with funds of 4.3 million euros, according to a decision of the country's caretaker ministers for shipping, Christos Zois and economy, Nikos Christodoulakis.

Kos Hoteliers Call for Help as Revenue Slumps Due to Refugee Crisis

The revenue of hotels on Kos has dropped by seven million euros this year due to the massive influx of refugees and migrants to the island, according to the island's hoteliers association

Greek Islands Overwhelmed By Migrants to Receive Special Tourism Promotion

The Tourism Ministry and the Greek National Tourism Organization (GNTO) will launch targeted promotional actions for the islands that are currently being used as a gateway to mainland Greece by thousands of refugees and migrants.

Tourism Key Economic Activity for Foreign Investment

Greece is emerging as a hub of inter-European networks in the Balkans and hopes to attract large investment schemes in key sectors such as energy and tourism, Development Minister Akis Tsohatzopoulos told a conference on "Greece: The Economic Center of Southeastern Europe" held...

Tourism Secretariat to Take over Tourism Organization

If Development Minister Akis Tsohatzopoulos's recent announcement comes to pass, the Hellenic Tourism Organization will be merged with the development ministry's general secretariat for tourism and a new company, EOT SA, will undertake Greece's promotion as a tourism destination,...

Hoteliers Upset Over Government’s Refusal To Change Depreciation Rate

Greek hoteliers continue efforts to pressure government quarters to change depreciation rates for tax purposes from 4% to the 8% it was some two years ago. Representatives from Greek Hotel Chamber and the Association of Greek Tourism Enterprises say they are very disappointed...

Tourism Promotion Campaign Underway

The Hellenic Tourism Organization said it would begin its 7.3-million-euro tourism advertising campaign abroad this month. The organization's president, Yiannis Patellis, said that the campaign's theme would very much resemble that of last year and announced that Greece had...

Hoteliers Must Become More Competitive

Panhellenic Hoteliers Federation President Vassilis Minaides believes that the Greek hotel sector, even though it has made major improvement strides over the past couple of years, is not competitive enough.

Private Home Accommodations’ Program For 2004 Underway

Olympic Games organizer Athens 2004 last month approved two bank-led consortiums, Alpha Filoxenia 2004 and Elliniki Filoxenia, which includes a company of some 100 Greek travel agents, as the official managers of the accommodation program for the 2004 Games. The two consortiums,...

Bumper Year For Greek Casinos

The privatization of the Mont Parnes Casino is entering its final stage. Hyatt Regency together with construction company Hellenic Technodomiki have submitted one of the offers, while another bid came from the group of Club Hotel Loutraki, Piraeus Bank, the construction companies...

Optimistic Atmosphere At Philoxenia 2001

Official reaction to Greece's tourism sector, in light of the September 11 events, was more than optimistic during this year's Philoxenia travel fair held last month in Thessaloniki. The country's new development minister, Akis Tsohatzopoulos, did more than his part by attending...

Tourism Sector Calls For Abolition Of Airport Tax As Air Fares Rise

High insurance fees and low revenue have forced Greek airlines to increase fares. At the same time, they want major decreases in airport fees and taxes. And so far, they have managed to get all of the tourism-related associations in the private sector behind them in a strong...

New Tourism Crisis Committee Action Package

Government action to help tourism out of its present predicament was promised early last month by Development Minister Nikos Christodoulakis. He announced the formation of an "Tourism Crisis Management Committee," headed by the ministry's tourism officials.

Unrestrained Optimism For Greek Tourism

If anything was crystal clear at the last month's Destination Greece conference organized by the British Hellenic Chamber of Commerce, it was that Greece has a fantastic opportunity to develop its tourism sector. All that's needed is the decision.

Terrorism Crisis Hits Greece’s Cruise Industry Hardest, For The Moment

Greece's cruise industry, because a significant portion of its business comes from North American customers, is in for a tough time. Along with this, the industry also has to deal with the possible surge in oil prices, the likelihood of a global recession, the difficulties in air...

60 Business Groups Bid for Parnitha Casino

Owners of the profitable Parnitha Casino, Hellenic Tourism Properties, have called for bids of interest from international investors interested in taking over the management of the casino on Mount Parnes. So far, some 60 company groups have expressed initial interest.

Tourism Sector Good But Needs Improvement

Domestic tourists, and some foreign visitors, are not happy with the services offered by Greek tourism enterprises. According to the General Federation for Consumer Protection in Greece (INKA), initial data show the tourism sector as a whole needs to upgrade its services and find...

First Batch Of Promotional Funds Handed Over To EOT

Hellenic Tourism Properties handed over some two billion drachmas to the Hellenic Tourism Organization (EOT) recently as the first payment for the organization's tourism advertising campaigns abroad, which covers the majority of debt owed for same. As well, it's now official:...

Hellenic Tourism Properties Heads For Bourse

Along with the privatization of its casinos, Hellenic Tourism Properties will privatize itself. The first step was taken last month with the sale of convertible privatization bonds, or pre-stock (prometoxa), worth 800 million euros (272.6 billion drachmas), which is about a 25%...
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