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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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A Strong Earthquake Strikes Near Larisa in Thessaly

2021-03-03 By Argophilia Travel News

This USGS reported a magnitude 6.3 earthquake centered 10 km WNW of Týrnavos, Greece. No serious damage or injuries have been reported.

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Greece COVID-19 Vaccinations to Exceed 1 Million Within a Week

2021-03-02 By Argophilia Travel News

National Vaccination Committee President Maria Theodoridou says vaccinations in Greece will exceed one million within a week.

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