Athens among the top travel destinations for Americans this summer | Airline tickets from less than $1,000

Athens is among the most popular destinations Americans will travel to this summer, according to recent flight booking data and Google searches, with round-trip ticket prices starting at less than $1,000. Athens is ranked sixth in the nine exciting summer destinations suggested by The travel to US-based travellers, with the cost of a return flight […]

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RESEARCH: Athens hotels in the top five in Europe with the highest RevPAR growth

Athens is among the top five cities in Europe with the highest increase in revenue per available room (RevPAR) in 2023, compared to 2019, with an increase of 37% in Athens hotels. While the highest increase was recorded by hotels in Rome, according to new research by international real estate firm Savills on investments in […]

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ACI EUROPE: Europe’s regional airports’ response to changes and market challenges

The annual gathering of Europe’s regional airports and their business partners takes place in Dubrovnik. The event is the opportunity to review trading conditions and the latest industry analysis from ACI EUROPE.  While larger regional airports and in particular those serving popular tourism destinations or relying on VFR demand (Visiting Friends and Relatives) have generally […]

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the met

These are the new salaries of hotel employees in Heraklion, from 1.4.2024

For the new wages of hotel employees from 1.1.2024, based on the collective agreement informed the Union of Hotel Employees of Heraklion Prefecture, according to which “…for the tourist season 2024 we inform our colleagues that from 01/04/2024 the new basic wages apply with a 5% increase in all specialties based on the Local Collective […]

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barcelona

Barcelona: Tourist tax on hotels increases | Exceeds 47 € for a week’s stay

With the local authority looking to combat over-tourism and attract quality travellers, the tourist tax in Barcelona is being increased from April 1st. In particular, travellers to the city with the most visits to Spain will be asked to pay two taxes from today, the regional and municipal taxes, with the latter increasing from €2.75 […]

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Post Office: Corfu the most economically attractive Greek destination for British travellers

Corfu continues to emerge as the most value for money Greek destination for British travellers, despite the fact that overall spending on meals, drinks and other essentials has increased this year compared to last year. In particular, according to the findings of the 18th annual Post Office Travel Money report, Corfu is rated as the […]

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Top OTAs invest record amounts in advertising | What Expedia, Booking, Airbnb and Trip.com have spent

A staggering €15.4 billion was spent on marketing and advertising activities by Expedia Group, Booking Holdings, Airbnb and Trip.com Group together in 2023, an increase of 20% compared to the previous year. Financial figures from four of the world’s largest online travel agencies show that they spent a record amount of money on promoting their […]

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Tax free shopping sales in store recovery reached 141% in February 2024, says Global Blue

Global Blue reveals that the global tax-free market recovery momentum remains strong in continental Europe and Asia Pacific. Globally, the recovery in like-for-like store sales reached 141% in February 2024 compared to the same period in 2019, up from 135% in January ’24. A Steady Worldwide Recovery, Compared to 2019 Levels In Continental Europe, the […]

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tui

TUI has a €500 million sustainability-linked bond | Increased by €200 million

Satisfied by the significantly higher demand for its sustainability-related bond, the TUI tourism group decided to place €500 million, instead of €300 million, which was the original offer to institutional investors. The company, which will soon return to the MDAX, intends to use the proceeds to repay its debt and cover the costs associated with […]

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Kostis Hatzidakis requests the reduction of POS commissions

-Meeting with representatives of banks and POS providers A working session between the Minister of National Economy and Finance, Costis Hatzidakis, the responsible Deputy Minister Harris Theocharis and representatives of banks and POS payment service providers was held today. The meeting highlighted the progress that has been made in the major project of interconnecting POS […]

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