Europe’s key hotel markets show improved profitability but remain well below pre-pandemic levels

The hotel industries in Amsterdam, Berlin, London, Moscow and Paris each reported improved profitability, but all remained well below pre-pandemic levels, according to STR‘s August 2021 monthly P&L data release. Building on its launch in the U.S., STR now features monthly P&L data reporting in Europe, the Middle East, Asia Pacific, and the Americas (excluding […]

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Restricted optimism from Moscow’s reservations for Greece

Significant, albeit moderate, optimism, shows the elements of Russian reservations for Greek tourism, as they emerged today, the first day of operation of the international tourism exhibition in Moscow, MITT. Most agents give rise to a significant increase in pre-payments for Greece, with the exception of some Turkish interests that have declined, but these figures […]

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ellinair

New Ellinair Routes Kavala-St. Petersburg/Moscow Announced

Ellinair, of the Mouzenides Group, has announced the launch of new air routes from the northern Greek city of Kavala to St/ Petersburg and Moscow, Russia. The seasonal service will run from May 26, 2017-September 10, 2017. Flights from Kavala’s Alexander the Great International Airport to Moscow’s Vnukovo International Airport will run on Tuesdays and […]

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STR: flat occupancy with increases in ADR and RevPAR for Athens

The European hotel industry recorded positive April 2016 results in the three key performance metrics when reported in euro constant currency, according to data from STR. Compared with April 2015, Europe reported a 3.5% increase in occupancy to 71.4%, a 3.8% rise in average daily rate to EUR109.54 and a 7.4% lift in revenue per […]

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Spain opened in Moscow a visa center for tour operators and travel agencies

A second visa center of Spain was opened in Moscow last week to serve only tour operators and travel agencies. “In September 2015a biometric system of Schengen visas was introduces, which caused a slight slowdown in the process of issuing visas. To minimize this effect, the General Consulate of Spain in Moscow decided to open […]

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Romania aims to attract thousands of Russian tourists this year

The relationship between Turkey and Russia is not what you would call “rosy” lately. The multiple incidents involving Russian military airplanes allegedly violating Turkish airspace have increased the tension between the two countries. Besides, tourism was also badly hit by regional uncertainties and the Russian crisis, which might lead to Turkey losing as many as […]

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Russia, Greece discuss expanding economic cooperation

Russia’s Ministry of Industry and Trade said that Russian and Greek representatives held talks on expanding cooperation in the industrial and transport sectors. Russian and Greek representatives held talks on expanding cooperation in the industrial and transport sectors within the framework of the Russia-Greece cross-cultural year, Russia’s Ministry of Industry and Trade said Wednesday. The […]

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