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Thomas Cook and LMEY Investments Eyeball “Healthy” Deals in Greece

2018-11-08 by Phil Butler

News that Thomas Cook Hotel Investments and Swiss hotel development group LMEY Investments, raised €40 million to invest in hotels around the Mediterranean with Greece’s Piraeus Bank bears watching today.

Tags: buyouts, crete, Greece banks, Greece deregulation, Greek austerity, Greek investment, Greek privvatization, investment news, LMEY Investments, Thomas Cook Hotel Investments, toxic assets, Trump, Tsipras, TUI, Wilbur Ross

Thomas Cook Sells Off North America Operations for Peanuts

2013-03-26 by Liliana Steffens

Redtag site

Thomas Cook Group PLC has announced selling their North American operations to Canada firm Red Label Vacations Inc. According to the news, the deal was worth only $5.2 million from the firm that operates travel website www.redtag.ca.

Tags: company news, economics, investment news, thomas cook, travel companies, travel investments, travel stocks

Jebel Ali International Hotels Launches Resort Makeover

2011-07-22 by Phil Butler

The company's Oasis Beach Tower

In hotel news from the Middle East, Dubai based Ali International Hotels has launched a major development pan of all its Dubai properties. The company plans to refurbish several properties to the tune of roughly $40 million US, according to the news.

Tags: Dubai hotels, Dubai investment, Dubai travel, hotel chains, hotel news, hotels, hotels dubai, investment news, Luxury Hotels, Middle East hotels, World hotels




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Greece Reports 5,588 New Coronavirus Cases in Past 24 Hours

2022-05-25 By Argophilia Travel News

Greek officials confirmed (PDF) 5,588 new coronavirus infections in the last 24 hours. Santorini case incidences top 300 per 100k people.

Tourism Minister Kikilias

Greece’s Kikilias Expects 900,000 Serbian Tourists This Year

2022-05-22 By Phil Butler

As many as 900,000 tourists from Serbia are expected to visit Greece this year, according to Tourism Minister Vassilis Kikilias. Recently, Kikilias was is in Belgrade for a series of meetings aimed at promoting Greece’s tourism product. The tourism minister spoke about how that, even despite the multiple crises that have arisen in the current […]

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