HRAD: The Alexandroupolis Port Authority enters a new phase of development

–Signing of the contract for the project regarding the connection of the new commercial pier of the port with the new Ring Road – Presentation of the main pillars of the Business Plan At an event held today, Thursday May 16, 2024 in Alexandroupolis, in the presence of the Minister of Maritime Affairs and Insular […]

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INTERVIEW – Sebastian Ebel: “On the football pitch, as in business, winning is better than a draw” | TUI’s vote of confidence in Greece, based on sustainable tourism

In his exclusive interview Sebastian Ebel emphasizes the balance that Europe, the Parliament and the Commission need to maintain in order to have healthy competition, while the Greek tourism sector, package tours to specific destinations and the activity of the travel giant TUI are expanding. Sustainable tourism and the quality of the travel experience are […]

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fti-touristik

Consortium led by Certares acquires financial liabilities of FTI GROUP

-The agreement follows the signing of the Investment Agreement dated 16 April 2024 Following the signing of the Investment Agreement dated 16 April 2024 between the Certares-led consortium of investors and FTI GROUP, FTI announces that the Consortium signed definitive documentation to acquire financial liabilities of FTI following a market-based process, including loans and other […]

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HRADF: The development of the former construction site of the Rio – Antirrio connection project begins

The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announces that today, Monday, April 29, 2024, the contract for the purchase and sale of the former construction site of the Rio – Antirrio connection project was signed between the Fund and the company PAVLOS N. PETTAS […]

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

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

-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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Posidonia 2024 marks the rebirth of the Greek shipbuilding industry

–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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Mitsis Group opens anew urban hotel, Mitsis N’U Piraeus Port,at the heart of Piraeus

Mitsis Group proudly introduces Mitsis N’U Piraeus Port, its first urban hotel at the hub of Piraeus Port, the largest passenger port in Europe and one of the largest worldwide. The hotel offers a home for the world’s travellers, lifestyle and gastronomy enthusiasts to come together. The opening day ceremony on April 6 was done […]

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SINGAPORE

Eras Tour led to March records for Singapore hotels

The host of six Taylor Swift concerts, Singapore’s hotel industry posted its highest March average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. March 2024 (year-over-year % change):  Occupancy: […]

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DERTOUR Group: Positive outlook for 2024 as the Group drives growth strategy towards internationalisation and more individual travel options

The presentation of DERTOUR’s positive prospects brings upgrades to bookings and destinations for 2024. Emphasis is placed on strategies that drive growth globally and on trends in Europe regarding individual travel, which is much more than in 2024. DERTOUR Group, formerly known as DER Touristik Group, the second-largest tour operator in Europe, provides insights into its […]

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