-The reciprocal relationship between hotels and online travel agents (OTAs) is well understood but it would be a mistake to think that there exists an unchanging status quo. Hoteliers need to know that there have been some big shifts in spending patterns in the past year as OTAs seek to claim market share and, ultimately, […]
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-EasyJet was one of 524 companies found not to have paid some staff the national minimum wage during an eight-year investigation by HMRC. The airline owed thousands of cabin crew a total of more than £338,000 – which amounted to an average of £86.94 each, according to the Government. EasyJet, which was eighth worst on […]
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The HBX Group’s data on the Chinese New Year is helping the development of travel agencies and the need to find new ways of marketing that will help open up the tourism market and attract new audiences who are able to travel and primarily seek it. The announcement of the date of the New Year […]
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The resolutions of the Board of Directors of the Selling Shareholder have been approved by the Board of Directors based on the circular of the Securities and Exchange Commission. This relates to the offering of 90,000,000 common registered shares with voting rights, which was issued by Athens International Airport S.A. “EUROBANK S.A.” as Joint Coordinator […]
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Air ticket prices increased at a low two-digit rate in 2023, compared to 2022, above the rate of inflation, and despite the fact that aircraft fuel prices in 2023 were on average 20% lower than in 2022. In particular, according to the European Organisation for the Safety of Air Navigation, Eurocontrol, air ticket prices increased […]
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The actions of the Ministry of National Economy and Finance to be implemented in 2024 for real estate presented the Minister, Kostis Hatzidakis, speaking today at the 41st Panhellenic Conference of Property Owners. Hatzidakis stressed that the objectives of the government’s policy in this sector are the balance in the housing market by increasing the […]
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Gross Domestic Product (GDP) and Private Consumption in the main tourism markets for Greece and Greek Tourism are expected to remain at the same levels in 2024 as in 2023. At the same time, prices of energy products, transport costs and inflation, in general, are expected to follow a downward trend, while the euro is […]
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The European Council adopted new rules to improve administrative cooperation in the field of taxation and address the challenges posed by the digital platform economy. A large and growing number of individuals and businesses use digital platforms to sell goods or provide services. However, income earned through digital platforms is often unreported and tax is […]
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The top solutions for accelerating the recovery of tourism have been celebrated in the ‘Healing Solutions for Tourism’ Challenge. Launched by the World Tourism Organization (UNWTO) with the support of the World Health Organization (WHO) and with the aim of identifying start-ups with ready-to-implement ideas for mitigating the impact of COVID-19 on the sector, the […]
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The COVID-19 pandemic has caused an unprecedented human and health crisis. The measures necessary to contain the virus have triggered an economic downturn. At this point, there is great uncertainty about its severity and length. The latest Global Financial Stability Report shows that the financial system has already felt a dramatic impact, and a further intensification of the crisis […]
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