TUI chief: Interest in buying up to 10 hotels in Greece

9 October 2017
1215 Views

German tourism giant TUI announced this month that it’s eyeing the purchase of 10 new hotel units in Greece, on the back of already accounting for no less than 2.5 arrivals to the country.

According to TUI group CEO Friedrich Joussen, who spoke at a press conference on Friday in the Greek capital, Europe’s biggest tour operator is ready to buy 10 four- and five-star Greek hotels for its portfolio, mainly on island destinations, and possibly in the Peloponnese of southern Greece.
His announcement came after he was received by Greek Prime Minister Alexis Tsipras at the latter’s office in Athens.

Greece continues to attract growing numbers of foreign holiday-makers on an annual basis, especially after the partial tourism implosion of competitors in the Mediterranean over recent years, most notably Turkey and Egypt.
A bigger emphasis on improving services offered by tourism businesses and a downward pressure on prices – in the wake of the economic crisis affecting the country – have also improved the overall image and cost-to-value appearance of Greece’s tourism products.

Joussen said his group is interested in units that offer all-inclusive packages but with an emphasis on the “local (holiday) experience”.

You may be interested

PM Mitsotakis cites Greek Constitution to back mandatory vaccinations
GREECE
shares25 views
GREECE
shares25 views

PM Mitsotakis cites Greek Constitution to back mandatory vaccinations

makis - Jul 23, 2021

Prime Minister Kyriakos Mitsotakis cited the Greek Constitution in response to those opposing mandatory Covid-19 vaccination during his meeting with…

Who Has Spent The Most Time In Space? (infographic)
WORLD
shares37 views
WORLD
shares37 views

Who Has Spent The Most Time In Space? (infographic)

Panos - Jul 22, 2021

As Russia celebrates 60 years since Yuri Gagain became the first person to orbit the Earth, the state of space travel looks…

What Do Americans Think Of Famous Billionaires? (infographic)
FINANCE
shares39 views
FINANCE
shares39 views

What Do Americans Think Of Famous Billionaires? (infographic)

Panos - Jul 22, 2021

Hot on the heels of fellow billionaire Richard Branson, Amazon founder Jeff Bezos is set to blast into space. He…

Leave a Comment

Your email address will not be published.