Category: MONEY

TUI: Greece top destination this summer | Record sales of 3.6 billion euros in the 2nd quarter | 9 million bookings for the summer

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TUI confirms its high expectations for a strong summer 2024, recording increased bookings and prices, both in the second quarter of the financial year and in the summer season, with Greece remaining a favourite destination for German holidaymakers this year and “leading” in summer bookings, as revealed by the leading travel agency, releasing the data […]

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Middle East & North Africa lead global luxury travel growth | Cubans spend five times as much as Americans

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The Middle East and North Africa (MENA) region is driving the growth of luxury travel, characterised by high spending and a growing preference for sustainable, eco-luxury and cultural immersion, Mastercard’s latest report ‘Affluent Travel: a Middle East Perspective’ reveals. The report, which was unveiled at Arabian Travel Market 2024, sheds light on key trends shaping […]

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New EU rules to reduce, reuse and recycle packaging

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On Wednesday, Parliament adopted new measures to make packaging more sustainable and reduce packaging waste in the EU. So, adopted by 476 votes in favour, 129 against and 24 abstentions, the regulation aims to tackle the ever-increasing amount of waste, harmonise internal market rules and strengthen the circular economy. Reduce packaging and restrict certain types […]

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TravelSupermarket: Rhodes is a budget destination for the British | Reduced prices this summer

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Rhodes is among the destinations where all-inclusive package holiday prices for British travellers are down this summer, compared to summer 2023, TravelSupermarket reveals, finding that family holiday prices have “stabilised” as they have increased “significantly less” in the last 12 months than the Consumer Price Index (CPI) inflation rate. While, in three other Greek destinations, […]

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Athens among the top travel destinations for Americans this summer | Airline tickets from less than $1,000

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Athens is among the most popular destinations Americans will travel to this summer, according to recent flight booking data and Google searches, with round-trip ticket prices starting at less than $1,000. Athens is ranked sixth in the nine exciting summer destinations suggested by The travel to US-based travellers, with the cost of a return flight […]

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RESEARCH: Athens hotels in the top five in Europe with the highest RevPAR growth

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Athens is among the top five cities in Europe with the highest increase in revenue per available room (RevPAR) in 2023, compared to 2019, with an increase of 37% in Athens hotels. While the highest increase was recorded by hotels in Rome, according to new research by international real estate firm Savills on investments in […]

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ACI EUROPE: Europe’s regional airports’ response to changes and market challenges

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The annual gathering of Europe’s regional airports and their business partners takes place in Dubrovnik. The event is the opportunity to review trading conditions and the latest industry analysis from ACI EUROPE.  While larger regional airports and in particular those serving popular tourism destinations or relying on VFR demand (Visiting Friends and Relatives) have generally […]

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the met

These are the new salaries of hotel employees in Heraklion, from 1.4.2024

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For the new wages of hotel employees from 1.1.2024, based on the collective agreement informed the Union of Hotel Employees of Heraklion Prefecture, according to which “…for the tourist season 2024 we inform our colleagues that from 01/04/2024 the new basic wages apply with a 5% increase in all specialties based on the Local Collective […]

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barcelona

Barcelona: Tourist tax on hotels increases | Exceeds 47 € for a week’s stay

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With the local authority looking to combat over-tourism and attract quality travellers, the tourist tax in Barcelona is being increased from April 1st. In particular, travellers to the city with the most visits to Spain will be asked to pay two taxes from today, the regional and municipal taxes, with the latter increasing from €2.75 […]

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Post Office: Corfu the most economically attractive Greek destination for British travellers

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Corfu continues to emerge as the most value for money Greek destination for British travellers, despite the fact that overall spending on meals, drinks and other essentials has increased this year compared to last year. In particular, according to the findings of the 18th annual Post Office Travel Money report, Corfu is rated as the […]

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