metaxa awards

International Distinctions & Certifications for the hotels of Metaxa Hospitality Group

With eight top international awards from 4 major international organizations have been honored the hotels of Metaxa Hospitality Group for one more year, despite the special difficulties and unprecedented situations caused by the COVID-19 pandemic. Specifically, Creta Maris Beach Resort and Santo Maris Oia Luxury Suites & Spa, were awarded in 6 categories of awards […]

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fti

Dietmar Gunz hands over the baton of the FTI GROUP to a new management team

For the tourism industry, 2020 will go down in history as the year of the greatest challenges, enormous efforts and far-reaching upheavals. For the FTI GROUP, after the Corona-related streamlining of the company portfolio and the implemented structural measures last summer, the end of the year means a final reorganization of the top management before […]

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Unsplash

STR: U.S. hotel profitability worsened in November

U.S. hotel profitability fell back to levels seen during earlier months of the pandemic, and year-over-year declines worsened from the previous month, according to STR ‘s November monthly P&L data release. In a year-over-year comparison with November 2019, the industry reported the following: GOPPAR: -97.5% to US$2.13 TRevPAR: -73.5% to US$60.92 EBITDA PAR: -120.2% to […]

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money tourism photo

STR: Europe hotel performance for November 2020

Reflecting the impact of a second lockdown, Europe’s hotel industry reported much lower performance levels from the prior month, according to November 2020 data from STR. Euro constant currency, November 2020 (percentage change from October 2019) Occupancy: 21.3% (-70.4%) Average daily rate (ADR): EUR72.42 (-32.3%) Revenue per available room (RevPAR): EUR14.42 (-81.2%) Amid continued COVID-19 […]

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photo EC

Europe fit for the Digital Age: Commission proposes new rules for digital platforms | Hotrec statement

The Commission has proposed today an ambitious reform of the digital space, a comprehensive set of new rules for all digital services, including social media, online market places, and other online platforms that operate in the European Union: the Digital Services Act and the Digital Markets Act. European values are at the heart of both […]

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kanava

Kanava Hotels & Resorts is launching a new project on the island of Paros

Kanava Hotels & Resorts, owned by Antonis & Kalia Eliopoulos, the holding and managing company of 5 luxury hotels in the Cyclades islands, is launching a new project on the island of Paros for the summer season 2021, that will be part of an international hotel brand. Seafront location on Agioi Anargyroi beach, with its […]

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Atlantica Aqua Blue

Hotel Opening for Atlantica Hotels & Resorts| Atlantica Aqua Blue

Atlantica Hotels & Resorts, is proud to announce that the four-star Atlantica Aqua Blue will now operate under the management of the largest hotel group of Cyprus and Greece. The hotel is located only a few kilometres from the national forest park of Cavo Greco in Protaras and is scheduled to open its doors in […]

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grande bretagne

Hotel Grande Bretagne lights up the Christmas Tree

The Hotel Grande Bretagne in Athens lighted up its glorious Christmas tree on Tuesday, December 1st, this time however without the presence of beloved friends and associates according to the safety measures.  The stunning Christmas tree stands glowing again within the overwhelming Christmas spirit of Hotel Grande Bretagne. Impressive Christmas decoration all around, glittering garlands, […]

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zeus Grand Hotel

Expansion of Zeus International’s activity and presence with 6 hotels in Italy

Zeus International, as part of the extroversion plan, continues its expansion in Italy with a total of 6 hotels. Since February 2018, it has taken over the management of the Hilton Garden Inn Milan Malpensa in the Malpensa area of Milan, where it was the basis for Zeus international to enter the Italian market. GRAND […]

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hotel group accor

Accor doubles down on lifestyle and enters into exclusive negotiations with Ennismore

Accor & Ennismore today announced they are entering into exclusive negotiations to form the world’s leading lifestyle operator in the hospitality sector, focusing on one of the fastest growing segments of the industry. Through this all-share merger, a new autonomous and fully asset light entity will bring together an unrivalled portfolio of world class brands, including […]

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