TUI Group has claimed they are supporting Crete becoming a “showpiece for sustainable food on holiday.” Here’s a dissenting view on their statements.
resorts
Club Med Vows to Expand Its Global Portfolio With 15 New Resorts
Club Med has just announced a global expansion plan to introduce 15 new all-inclusive resorts by the end of 2020. The company news did not include all the particulars, but three new resorts were reported on.
Nikki Beach Picks New President
This week Nikki Beach Worldwide named Thomas Brosig as president. The company also stated that Jack Penrod, founder of the lifestyle hospitality company, will continue to serve as chairman and CEO of the company. According to the news Brosig will work with Penrod to develop long-term strategies while overseeing the broad operation.
Minoan Group Edges Closer to Developing on Crete
According to news from Minoan Group, the resort development project is a step closer to getting approval for building on the Cavo Sidero peninsula. After several years of red tape dealings, the Chairman of Minoan says signatures for a needed presidential decree may be forthcoming. Stocks in the company surged on the news.
Europe’s Highest Ski Lifts Rising Above the Caucasus
In pre-season ski news, OJSC “Northern Caucasus Resorts has begun construction of the highest aerial lift in Europe at Mount Elbrus.