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

Full Speed Ahead in 2018 for Avis Hellas with Record Sales

Car rental company Avis Hellas broke all records in 2018, announcing 180 million euros in sales and 82.05 million euros in EBITDA profits.

Car Rental an Investment Idea as Greek Tourism Grows

As the number of tourists visiting Greece grows, so does investor interest, with the car rental sector featuring high on the agenda, according to market reports.

Avis Greece Acquisition Process Completed

Avis Budget Group, a leading global provider of vehicle rental services, has completed the acquisition of Olympic Commercial & Tourist Enterprises, which trades as Avis Greece, from Piraeus Bank.

Avis Hellas in Hands of Avis Europe – Turkey’s Otokoc

Avis Hellas will pass into the ownership of Avis Europe Holdings and Turkey’s Otokoc in a 318.1 million-euro deal, according to main shareholder Piraeus Bank.

Piraeus Bank Approves Sale of Avis, Budget, Payless Car Rental Franchises

Piraeus Bank has approved the sale of its subsidiary "Olympic", which is the holder of the master franchises for Greece of Avis, Budget and Payless.