Category: BUSINESS

The illegalities found by the auditors of the Ministry of Environmental Protection in well-known hotels and restaurants on the island of Mykonos | PHOTOS

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-Controls intensify in tourist destinations Following a government decision and the order of the leadership of the competent Ministry of Environment and Energy, controls were carried out by inspectors of the Inspectors and Auditors Corps, in Mykonos. In order to ensure the observance of urban planning legality, respect for the natural and urban environment, as […]

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These are the hotel auctions until the end of April | In Central Greece, Corfu and Rethymnon

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Hotel auctions continue unabated in Central Greece, Ionian Islands and Macedonia with banks and companies that have taken over bank loans. More specifically, the auctions scheduled for the near future are as follows: -Anonymous with the name: EVIANA GROUP OF FILOXENIA with a first offer price of 848.000,00 € The property is a dilapidated and […]

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Certares-led Consortium Enters into an Investment Agreement with the FTI GROUP

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-Agreement has been reached to invest up to € 125 million at the closing of the transaction to support next phase of growth -Acquisition of 100 % of the share capital from existing shareholders for € 1 -New capital funding for further investment in the business and digital transformation The FTI GROUP, the third largest […]

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EXCLUSIVE: +19% pre-bookings of Loveholidays for Summer in Greece | Rhodes is the first destination, followed by Crete with 41% increase

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-Corfu, Mykonos and Santorini are at high levels of pre-bookings. Loveholidays‘ bookings for Summer 2024 are increased as the UK‘ s third largest tour operator, in its renewal of ATOL licences around a month ago, surpassed 4 million seats for the first time. It will be recalled that in 2023 the big t.o expanded into […]

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From Field to Fork in Greece: TUI Care Foundation supports local farmers in Crete and Rhodes through sustainable agriculture

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-TUI Field to Fork Greece supports over 500 farmers on the islands of Crete and Rhodes to transition to more sustainable agricultural practices -Initiative brings food producers and the tourism sector together to preserve local gastronomic heritage and create a movement around sustainable food production -Opening workshop in Heraklion attended by over 200 local food […]

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Hilton Hotels & Resorts: “Arrival” in five new markets in 2024 | One in five hotel rooms under construction in the company’s portfolio

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After a strong 2023, where Hilton Hotels & Resorts achieved the largest growth programme in its history, opening a record 24,000 rooms in 132 hotels in the last quarter of the year, the leading hotel group is planning its next steps for 2024, which include new hotel arrivals. Hilton now has more new rooms under […]

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Lufthansa

Lufthansa: Three-year wage agreement puts an end to the risk of strikes | 16.5 percent increase

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Deutsche Lufthansa AG has reached an agreement on wages with cabin crew, ending months of intensive negotiations that had been disrupted by crippling strikes at Europe’s largest airline group. In particular, Lufthansa and the UFO union, which represents 19,000 cabin crew members of the German airline, including flight attendants, have agreed on a wage increase, […]

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Posidonia 2024 marks the rebirth of the Greek shipbuilding industry

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–Over 85 shipyards from 26 countries already confirmed to showcase vessel design and production innovations from June 3-7 Greece’s revitalised shipbuilding industry will be prominently represented during Posidonia 2024, signalling a strong recovery following decades of decline and disrepair. The sector’s Greek renaissance is on the cards after the completion of the consolidation of the […]

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DERTOUR: Sharp increase in sales for this year’s tourist season | At +50% approximately

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The Dertour Group, the tourism arm of the Rewe Group, recorded a double-digit growth rate of approximately 25% (24.6% to be precise) in sales in 2023, with revenues amounting to €7.2 billion, while a new, sharp increase of 47% was recorded in early March for this year’s tourist season. The Dertour group is “back on […]

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