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Hines Investments Acquires Blue Capsis and Other Crete Resorts

2021-07-16 by Argophilia Travel News

Out of the Blue, Capsis Elite Resort

International investment giant Hines has acquired Out of The Blue Capsis Elite Resort in Crete’s Agia Pelagia for €125.2 million.

Tags: Agia Pelagia, American investments, Apollonia Beach Resort, Apollonia Beach Resort & Spa, beach resorts, Blue Capsis, Crete hotels, Crete resorts, Greece hotels, Greece luxury properties, Hines, Hines investments, hosptitality, hotel investing, investing, Jeffrey C. Hines, Out of The Blue Capsis Elite Resort, post-COVID investing, resort investments, Sitia Beach City Resort & Spa

Russia’s Vladimir Potanin Backs New Sochi Resort

2021-04-16 by Phil Butler

Krasnaya Polyana

Russian billionaire Vladimir Potanin’s Interros Holding and its partner Vasta Discovery will invest $1 billion in a new Sochi resort.

Tags: BoogelWoogel 2021, domestic tourism, investing, Rosa Khutor, Russia resorts, ski resorts, skiing, Sochi Olympics, Sochi resorts, tourism investment, Vasta Discovery, Vasta Valley, Vladimir Potanin

2021 COVID Contingencies: What If GetYourGuide Is All Done?

2021-02-26 by Phil Butler

deserted beach

Berlin startup GetYourGuide floats an 80 million euro line of credit financing to help the company stay afloat. What does it mean?

Tags: 2021 outlook, 2021 travel, GetYourGuide, investing, startup sector, travel bookings, travel guides, travel startups, world bookings, world travel

Resilient Business Ecosystems: The Only Vaccine for Travel & Hospitality

2020-08-24 by Phil Butler

COVID alternative

The only way to weather the COVID-19 storm is to be lean, efficient, and flexible in the short and long term.

Tags: COVID-19, Deloitte, Doug Satzman, Greece COVID, Greek hotels, hotel business, hotels, investing, lean business, Liberty International Airport, Magnuson Hotels, pandemic economics, RevitUP, RevPAR, ROAS, Sevi Boutique Hotel, Tom Magnuson, XpresCheck, XpresSpa Group

Henley & Partners Welcomes New “Citizenship by Investment” Program in Montenegro

2018-07-28 by Argophilia Travel News

Perast Montenegro

Henley & Partners, the leading global investment migration firm, welcomes today’s announcement by the Government of Montenegro that it will be launching a citizenship-by-investment program in October. It follows the decision a few weeks ago by another European nation, Moldova, to award Henley & Partners the mandate to design, implement, and promote its much-anticipated Moldova Citizenship-by-Investment (MCBI) program.

Tags: Henley & Partners, investing, Moldova, Montenegro, tourism industry, travel investment

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PASOK-KINAL President Nikos Androulakis visited Arkalochori to expose the still-grim conditions of Arkalochori earthquake victims.

Arkalochori Earthquake Victims Left in Limbo Years After Disaster

2025-05-11 By Victoria Udrea

PASOK-KINAL President Nikos Androulakis visited Arkalochori to expose the still-grim conditions of Arkalochori earthquake victims.

Kalokairinou Avenue

€1.7 Million for Kalokairinou Avenue’s Makeover

2025-05-10 By Iorgos Pappas

Heraklion’s Mayor Alexis Kalokairinos confirmed a €1.7 million renovation of Kalokairinou Avenue under the “Crete 2021-2027” program.

Plakiotissa Dam

Plakiotissa Dam Brings New Hope to Water Management in Crete

2025-05-10 By Iorgos Pappas

Plakiotissa Dam, set to irrigate 30,000 acres, marks a turning point for the region’s agriculture and economy with holistic water resource planning underway.

Mitsis Group Mitsis Rinela

Mitsis Group Eyes the Rebirth of Kokkini Hani Tourism School

2025-05-10 By Kostas Raptis

Mitsis Group weighs involvement in reviving the Kokkini Hani Tourism School, signaling a new era for Greek hospitality education.

Dia Island cleanup illustration.

Volunteers Unite for Annual Dia Island Cleanup

2025-05-10 By Manuel Santos

Dia Island cleanup returns for its 15th year as Cretan volunteers collect debris before the tourism season.

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