Israel Canada leasing agreements for Brown hotels in Greece and Israel

Two non-binding MOUs for the leasing of all Brown Hellas hotels in Greece, which is owned by the large international fund Arountown based in Berlin, and some of Brown Hotels’ hotels in Israel (10), which are also owned as properties by the fund but managed by Brown. The deal, which extends over a period of […]

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Australia, Canada and USA the 3 most promising long-haul markets for Greek tourism

-The data are based on Part B of the INSETE study on “The profile of important markets of Greek tourism” for non-European markets, namely the USA, Canada, China, India and Australia. Australians, Canadians and Americans are the three nationalities outside Europe that rank Greece higher for their holidays when choosing a more distant travel destination. […]

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Is there still travel demand or has it been eliminated? | Marriott Hotel Company’s assessment

Despite the intense travel frenzy, tourism after the pandemic began to reduce demand, especially in the USA and Canada. After the pandemic put the brakes on the travel industry, leisure spending has rebounded strongly in the last two years. All this pent-up demand from the pandemic is in danger of running out. Hotel company Marriott […]

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Photo by Léonard Cotte on Unsplash

ETC: Long-haul travel sentiment to Europe improves depite high global inflation

The desire for overseas travel in 2023 has increased significantly in large travel markets compared to a year ago. Over 60% of potential travellers in Australia, Brazil, Canada, China, and the US intend to travel long-haul in 2023, with Europe being top of mind. Travel sentiment to Europe in the first four months of the […]

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Spring Festival: Chinese travel abroad but somewhere else

6 million Chinese are expected to travel abroad during the Spring Festival holidays, as reported by the online travel agency Ctrip. Thailand, Japan and the United States have emerged among the most popular destinations. On the other hand, European countries and the Middle East are not on top of the Chinese travel priority list. “China’s […]

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