Following last year’s launch of its award-winning tool, The Compass for web clients, Hotelbeds has today revealed its most advanced tool to date, The Compass Pro, for API clients – a ground-breaking industry tool to help travel consultants tap into market trends and demand, while providing them with a unique insight, all in one place. […]
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Celestyal Cruises, the award-winning, number one choice for cruise travelers to the Greek Islands and the Eastern Mediterranean, and its parent company, Louis plc, a leading Cyprus-based tourism organization, are pleased to announce a definitive strategic investment agreement with funds managed by Searchlight Capital Partners, L.P. (“Searchlight”), a leading global private investment firm. As part […]
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-Strong momentum with 486m. Turnover and 46m. Earnings after Tax Balanced contribution from Car Rentals and Car Trade Autohellas announces the results for the third quarter of the year, with extremely significant momentum both in terms of turnover and profitability. More specifically, in the third quarter the turnover amounted to € 177.1m compared to € […]
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Annual report shows continued commitment to responsible tourism practices and progress on development and implementation of new environmental technologies Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released today the CLIA Global Cruise Industry Environmental Technologies and Practices Inventory and associated Environmental Report produced by Oxford Economics (OE). The report, […]
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The tourism trade fair duo will be organised in a completely safe and healthy environment After a year of forced absence due to the pandemic, the Philoxenia-Hotelia tourism trade fair duo is making a dynamic return from 12 to 14 November, in a completely healthy and safe environment at the Thessaloniki International Exhibition Centre. In […]
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The official launch of LAVORIA, an emerging recruitment platform for the hospitality industry, will take place on 21st of October in Greece. In the middle of 2021, the whole Europe suffered labor shortages in hospitality. It’s the first time the industry is facing such a shortage, which many are calling a recruitment crisis. Covid-19 exposed […]
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The Hellenic Republic Asset Development Fund (HRADF), a member of the HCAP Group, announces that four Interested Parties have submitted Offers for the exploitation of part of the former U.S. military base of Gournes in Heraklion, Crete. In particular, Offers were submitted by the following Interested Parties (in alphabetical order): CLUB HOTEL CASINO LOUTRAKI S.A.– […]
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Blackstone, EQT and the Kuoni and Hugentobler Foundation (“KHF”) today announce that funds managed by Blackstone Capital Partners (“Blackstone”) have signed a definitive agreement with EQT VII fund (“EQT Private Equity”) and KHF to acquire a majority stake in VFS Global. EQT Private Equity will remain indirectly invested in the Company with a minority position […]
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TUI Group resolved a 1.1 billion euros capital increase to strengthen the balance sheet / Drawings under the KfW Facility reduced to zero / After transformation and restart, focus on refinancing and reducing the use of government loans / Positive booking update for Q4: 5.2 million bookings in Summer 2021, significant increase in the high […]
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Following dialogues with the Commission and national consumer protection authorities, 16 major airlines have committed to better information and timely reimbursement of passengers in case of flight cancellations. The Commission had alerted the Consumer Protection Cooperation (CPC) enforcement authorities in December 2020 to address several airlines’ cancellation and reimbursement practices in the context of the COVID-19 pandemic. […]
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