Thomas Cook Group

Businesspeople and senior or top executives of companies, aged 50 and over, are today the main buying public for a holiday home in Greece. These are people who have saved money and are mainly interested in acquiring a newly built property in the Greek market, with their main aim being having it for their own use and secondarily for utilization through short-term rental platforms.

People aged 50 and above, businessmen or senior and top business executives, is currently the main buying public of country houses in Greece.

These people have saved some money and wish to acquire, mainly a newly built property of high standards in the Greek market.

Thomas Cook is returning to European hands, as its Chinese owner has agreed to sell it to a Polish group, five years after its bankruptcy.

Sun seekers are turning to package holidays in Europe as soaring hotel and flight prices revive demand for the all-inclusive deals that had fallen from favour, bolstering the balance sheets of some travel companies.

The tourism industry in Türkiye's popular holiday destination Antalya is facing risks from the bankruptcy of the German tour operator FTI.

Earlier this week, FTI, Europe's third-largest tour operator, filed for insolvency in a court in Germany.

It said on June 3 trips that haven't yet started will be canceled or scaled back.

A few days before the launch of its first luxury private club in the southern suburbs, called 91 Athens Riviera, The Resort, Grivalia Hospitality Chairman and CEO Giorgos Chrysikos tells Kathimerini that all the group's projects are performing higher than the targets of the business plan, driving operational profitability to healthy levels.

Early bookings for summer from domestic holidaymakers have been promising, boosting hopes among hoteliers that this will be a good season for the local tourism industry.

Companies started to collect early bookings in December.

Aegean Airlines set new records in 2023, having fully recovered from the pandemic.

Last year, on an annual basis, the group increased its turnover by 27%, to 1.7 billion euros, and its operating profits by 46%, to €400.4 million, keeping the cost structure competitive despite inflationary pressures.

Greece is the fifth most popular European destination for trips that Europeans intend to make between now and spring of 2024, according to a major pan-European survey carried out on behalf of the European Travel Commission (ETC).

"Crete and the other islands are resisting the pandemic" is the title of the article on Greek tourism in the Berliner Morgenpost newspaper. The columnist points out that "due to the coronavirus, the Greeks were afraid of the worst for the tourist season.