Category: BUSINESS

Distinguished athletes like Petrounias, Tentoglou, Ntouskos, Millousi, Vlachos, Diamantidis, Printezis, Volikakis, Prevolaraki, Gkolomeev will join the 10 years of Navarino Challenge 2022

money-tourism75Leave a Comment on Distinguished athletes like Petrounias, Tentoglou, Ntouskos, Millousi, Vlachos, Diamantidis, Printezis, Volikakis, Prevolaraki, Gkolomeev will join the 10 years of Navarino Challenge 2022

Navarino Challenge, Greece’s top sports tourism celebration with the best wellness program, will celebrate its 10th anniversary on October 21-23, 2022, hosting world class names in sports and more than 40 activities at Costa Navarino and Pylos. This year’s Navarino Challenge will feature some of the greatest names in Greek Sports, who are honoring both […]

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Sani/Ikos Group enters new strategic partnership agreement with GIC valuing the business at €2.3bn

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Sani/Ikos Group (SIG), the leading luxury beach resort group in the Mediterranean, and GIC, global institutional investor, have entered into a strategic partnership under which GIC will become the leading shareholder alongside SIG’s management team. The transaction values the Sani/Ikos Group at €2.3 billion. The transaction is expected to close in the 4th quarter of […]

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AEGEAN

AEGEAN AIRLINES: Profitable 2nd quarter following recovery in passenger traffic | Strong trend in demand continues in the 3rd quarter.

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AEGEAN announces its financial and operating results for the second quarter and the first half of the year. Passenger traffic has significantly increased by 171% in the second quarter of 2022, reaching 3,3 mil. passengers from 1,2 mil. in the corresponding quarter of 2021. Load factors have also improved, at 79,2%, 23 p.p. higher compared […]

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The Aero Highspeed Catamarans commence voyages in the Saronic islands

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Attica Group, member of Marfin Investment Group, is pleased to announce the launch of its three new-built Aero Highspeed catamarans on the Saronic routes, as of Monday, August 8th, 2022. The three Aero Highspeed Catamarans, built at Brødrene Aa shipyard of Norway, commenced today their itineraries to the Saronic islands, offering up to 17 daily […]

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Autohellas grows its international portfolio with acquisition of “HR Automoveis”, the Hertz Franchisee Partner in Portugal

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Autohellas has entered into a binding agreement for the acquisition of 85.60% (plus 4.4% Treasury Shares, totalling 90%) of the share capital of Portuguese company HR Aluguer de Automóveis S.A. (HR Automóveis), the franchisee partner of Hertz International in Portugal, at a consideration of €31,500,000. Assuming certain annual HR Automóveis profitability targets are reached between […]

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CLIA welcomes the completion of sustainability destination assessments in the Greek cities of Corfu and Heraklion

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Cruise Lines International Association (CLIA), the world’s largest cruise industry trade association, welcomes the completion of sustainability destination assessments in the popular Greek cruise destinations of Corfu and Heraklion. The project, co-funded by CLIA in partnership with the two municipalities and port authorities, was conducted by the Global Sustainable Tourism Council (GSTC), using the GSTC […]

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According to WTTC and ETC, 1.2 million Travel & Tourism jobs across the EU will remain unfilled unless urgent action is taken

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The World Travel & Tourism Council (WTTC) and the European Travel Commission (ETC) warn that the Travel & Tourism sector’s recovery could be put at serious risk if almost 1.2 million jobs remain unfilled across the EU. The challenging summer labour shortfall has been revealed by WTTC in its latest analysis of the sector and […]

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Supervisory Board confirmed: Sebastian Ebel appointed as new CEO of the TUI Group

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-Supervisory Board expresses its thanks to Fritz Joussen: He rescued TUI twice in difficult situation, made merger a success and led hotel and cruise business to current strength -New CEO takes over Group management at the beginning of the new financial year on 1 October -Mathias Kiep becomes Chief Financial Officer as of 1 October […]

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Celestyal Cruises announces “biggest ever sale”

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-Last Minute Summer Savings of up to 45% for Greek Isle Getaways Celestyal Cruises, the award-winning, number one choice for cruise travellers to the Greek Islands and the Eastern Mediterranean, comes to the rescue of last-minute travellers this summer with its “Biggest Ever Sale”, featuring savings of up to 45% off select 2022 sailings booked […]

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