Hotel auctions continue unabated in Central Greece, Ionian Islands and Macedonia with banks and companies that have taken over bank loans. More specifically, the auctions scheduled for the near future are as follows: -Anonymous with the name: EVIANA GROUP OF FILOXENIA with a first offer price of 848.000,00 € The property is a dilapidated and […]
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HotelBrain, the largest hotel group in Greece, with more than 100 privately owned -through long-term leases- hotels in its portfolio, is now expanding its activity in Cyprus, following the successful model of long-term leasing of hotel units. According to exclusive information from MONEY & TOURISM, the first 4 hotels, with a total capacity of 306 […]
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FTI Group’s Chief Product Officer will be moved additionally to competitor Alltours Flugreisen as CEO. Jan Mayer will head the travel and commercial divisions of the tour operator. According to Alltours, Mayer will move to Düsseldorf on 1 June. In his new role as Managing Director, he will be responsible for flight and hotel purchasing […]
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The continuous investment in human resources, as well as the support of the employees of the Ella Resorts Group’s hotel units, is a constant priority and commitment for the company, in view of the new tourist season. Ella Resorts, employing a total of 1,192 employees in 2023, will continue with dedication in the current season […]
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Satisfied by the significantly higher demand for its sustainability-related bond, the TUI tourism group decided to place €500 million, instead of €300 million, which was the original offer to institutional investors. The company, which will soon return to the MDAX, intends to use the proceeds to repay its debt and cover the costs associated with […]
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A UK investor’s perseverance paid off this week when Prokopis Pavlopoulos, the Greek president, signed off on a €250m tourist project to be built on the island of Crete — 25 years after the permit was first requested. The project is the first new foreign investment to be approved by the leftwing Syriza government since […]
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