Argophilia

Αργοφιλία: For the love of the journey.

tourism

TUI Travel Gains Confidence and Russian Investment

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Russian billionaire steel tycoon Alexei Mordashov has increased his stake in German tourism group TUI. Mordashov raised his stake to above 20 percent from just above 15%. The transaction was made via his S-Group holding company. In TUI’s latest corporate documents, it is clear the company intends massive expansion into the Russian Federation.

HomeAway & the Business of Super Bowl Commercials

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With Super Bowl XLV headed to living rooms and sports bars everywhere this weekend, one highly anticipated aspect of that great event is, of course, the ever present commercials which often entertain more than the game itself. Remember the time when your parents rented that beach house for the Summer? HomeAway remembers.

Northern Cyprus: An Emerging Paradise

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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.

Russia & EU Closer to Free Visa Agreement

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Russia’s Foreign Minister Sergei Lavrov offers a ray of sunshine for those who want a free-visa zone between the EU and Russia. At a press conference the Minister told reporters Russia and the EU are much closer to an agreement. So far the EU has stonewalled every attempt by the Kremlin to free up travel and tourism between Russia and the rest of Europe.

Grisha Ganchev and the Great Wall of Bulgaria

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Bulgaria’s Grisha Ganchev is a controversial figure to say the least. One thing is certain however, the industrialist believes in helping the people of his country climb out of the current economic crevass. A €100 million auto plant in the remote village of Bahovitsa will produce 120o jobs and 50,000 inexpensive autos for people in the Balkans.