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tourism investment

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

Croatia Ministry of Tourism Reports on Investments

2012-10-15 by Phil Butler

The Croatia Government

In news from the Croatia Ministry of Tourism, investments in Croatian travel for 2013 may reach as much as €400 million euro, according to Minister Veljko Ostojic.

Tags: Croatia travel, Croatian tourism, Ministry of Tourism, tourism investment, Veljko Ostojic, Zagreb travel

Internos Real Investors Raising Europe Hotel Fund

2011-07-12 by Phil Butler

Bethmannstrasse, Frankfurt am Main

Internos Real Investors is reportedly raising between €200 million and €250 million for their first hotel fund for selected European countries. According to the news, the company is targeting mid-market hotel projects in Germany, France, and in the Netherlands.

Tags: Andrew Thornton, Berlin hotels, Europe hotels, hotel investments, Internos, Internos Real Investors, Jochen Schaefer-Suren, Netherlands hotels, Paris hotels, Poland hotels, tourism investment

Northern Cyprus: An Emerging Paradise

2011-01-26 by Phil Butler

Thousands of unexplored sea caves await the traveler

The Turkish Republic of Northern Cyprus stands to gain much from the forward thinking and engaging tourism industry efforts Turkey has initiated these last couple of years. Investment in Northern Cyprus tourism will eneviatbly pay off not only for the investment concerns, but for the people of the Republic as well. While many countries in Europe have suffered from losses in tourism dollars these last couple of years, Turkey and brother states have done exceedingly well, holding their own against all rivals.

Tags: AFIK Group, Casino, Cratos Hotel & Casino, Cyprus investment, Cyprus Paradise, Cyprus tourism, Ertugrul Gunay, European tourism, Irsen Kucouk, Northern Cyprus, tourism, tourism investment, Turkey, Turkey investment, Turkey tourism

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Featured Stories

€52M Greek Fisheries Scandal

European Public Prosecutor’s Office Investigates €52M EU Fisheries Fund Scandal in Greece

Heraklion old cold-storage warehouse

Heraklion’s Old Cold-Storage Warehouse Gets Green Light for Hotel Conversion

Special Olympics Kayaking Games AI illustration

Crete to Host European Special Olympics Kayaking Games at Lake Kournas

Heraklion Fishermen Protest

Cretan Fishermen Stage Black-Flag Protest Over Fuel Costs and Regulations

greek bakeries

Greece’s Bakeries Warn of Higher Bread Prices

Why We Embrace AI

At Argophilia, we believe in using every tool at our disposal to bring you the stories that matter. You may notice a certain precision in our data analysis, a specific flair in our visuals, or a rapid turnaround on complex topics. That is no accident—it is the result of our rampant use of artificial intelligence.

We use Gemini to help synthesize data, structure our reporting, and ensure our news remains as sharp as the reality we cover. When it comes to our imagery, we rely on the creative power of Midjourney and NightCafe, unless otherwise noted in our editorial credits.

We are not apologetic for this. In a fast-moving world, these tools allow us to focus on what really counts: investigating the issues, giving a voice to the marginalized, and maintaining the journalistic integrity you expect from us. We see AI not as a replacement for human judgment, but as an engine that amplifies our ability to inform, analyze, and tell the truth about our island and beyond.

We are writers and journalists first—but we are proud to be tech-enabled ones, too.

Lovage, The Kitchen of Venus

Your go-to guide for foraging cretan horta

Stories of Interest

Chania Recycling Cooking Oil

Chania Launches €310K Smart Sanitation and Rewarding Cooking Oil Recycling Initiative

2026-10-16 By Victoria Udrea

Chania unveils a €310K smart sanitation and reward-based cooking oil recycling program, setting a high standard that should be adopted island-wide across Crete.

27-year-old man arrested

27-Year-Old Arrested at Heraklion Port Trying to Buy Piraeus Ferry Ticket Without Travel Papers

2026-10-16 By Argophilia Travel News

Coast Guard officers arrest a 27-year-old man at Heraklion port for attempting to buy a Piraeus ferry ticket without papers and verbally abusing officers.

Crete Car Rental Market

Crete Accounts for 18.1% of Greece’s Car Rental Market

2026-10-15 By Kostas Raptis

Crete has Greece’s second-largest short-term car rental market, as tourists increasingly rent vehicles to explore beaches, villages, and mountain routes.

strong tourism season

Strong October Finishes Robust Tourism Season in Crete

2026-10-15 By Arthur Butler

Cretan hotels report 80-90% occupancy in October as the tourism season extends through mid-November, supported by sustained flight connections and winter city demand.

Malevizi road collapse

School Bus Tilts After Road Gives Way in Crete’s Agia Marina

2026-10-15 By Iorgos Pappas

Students were safely evacuated after a school bus tilted on a washed-out road in Malevizi, prompting essential driving safety advice for visitors on Crete’s roads.

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