Treasures of Greek Tourism 2018 by NewTimes

Treasures of Greek Tourism

TREASURES OF GREEÎ&#x161; TOURISM 2019

2019

ARDS 2018 AW

TIM

H E S P U B LIS

NEW TIMES PUBLISHING

ARDS 2018 AW

TIM

H E S P U B LIS

TREASURES OF GREEK TOURISM ANNUAL BOOK 2019 Best Performing Companies PUBLISHED BY

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TREASURES OF GREEΚ TOURISM 2019

Table of Contents

SALUTATIONS

Greek National Tourism Organization (GNTO)

Region of Western Greece (RWG)

FORUM SA

EZA

HOTELS

A NEW TIMES SURVEY OF 610 HOTEL COMPANIES

FINANCIAL RESULTS OF HOTEL COMPANIES 2016/2017

FINANCIAL RESULTS OF HOTEL COMPANIES 2015/2016

APHRODITE HOTEL

ATLANTICA PORTO BELLO

CACTUS HOTELS

CALDERA GROUP – KROMMYDAKIS S.A.

DIVANI COLLECTION HOTELS

ELECTRA HOTELS & RESORTS

ESPERIA

GRANDE BRETAGNE GRECOTEL

101

100 95

H HOTELS GROUP

102

LA PERLA VILLAS & SUITES

104

LOUIS HOTELS

106

MITSIS HOTELS

108

RADISSON BLU PARK

110

RETHYMNO MARE

112

SANI RESORT

114

SBOKOS HOTEL GROUP

116

TEMES

120

ZANTE HOSPIRALITY GROUP

118

AGAPI BEACH | CRETAN MALIA PARK | BLUE PALACE, A LUXURY COLLECTION RESORT AND SPA, CRETE VILLAGE HEIGHTS GOLF RESORT | KOUTOULOUFARI VILLAGE HOLIDAY CLUB

www.sbokoshotels.gr

TREASURES OF GREEÎ&#x161; TOURISM 2019

Table of Contents TOURIST COMPANIES

121

A NEW TIMES SURVEY OF 227 MAJOR TOURISM BUSINESSES AND AGENCIES

122

FINANCIAL RESULTS OF TOURIST COMPANIES 2016/2017

124

FINANCIAL RESULTS OF TOURIST COMPANIES 2015/2016

126

AEGEAN AIRLINES

131

AKTINA TRAVEL

132

ASPIDA TRAVEL

132

BELEON TOURS

133

CELESTYAL CRUISES

134

CRETAN HOLIDAYS

138

DIPLOMAT TRAVEL

136

E-TRAVEL

139

GOLDAIR

140

HIT

141

MAROULIS

142

MIDEAST TRAVEL

144

MANESSIS TRAVEL

145

TUI HELLAS

146

UNDER THE AUSPICES

Beyond Expectations

L A P E R L A V I L L AS & S U I T E S , 8 4702 , I A SA N TO R I N I , G R E E C E T E L . + 3 0 2 2 8 6 0 7 1 5 1 0 • FAX . + 3 0 2 2 8 6 0 7 1 8 6 5 • WWW. L A P E R L AV I L L AS .CO M

TREASURES OF GREEΚ TOURISM 2019

Elena Kountoura Minister of Tourism

Τourism has a leading role in creating growth and mobilizing new investments Tourism has been a top priority in our national strategy for growth. Our government was the first to have recognized tourism’s value, as a major driving force for the economy and for social prosperity. Through our tourism policy implemented successfully since 2015, we aimed to establish Greece globally as an attractive 365-day destination that stands out for its authentic travel experiences, a showcase for sustainable tourism growth. With our strategy we increased inbound tourism by 35% in the last four years, with historical records in arrivals, revenues and all tourism figures every year. 2018 is Greece’s golden year in tourism. International arrivals recorded a doubledigit growth and are expected to reach 33 million by the end of the year for the first time in our history. Tourism revenue reached a new all-time record, adding 2 more billion euros to our economy compared to 2017. We are very pleased to see that this incredible tourism growth that we mobilized is reflected in increased turnover, higher profits and new business activity in our hospitality industry. Even more, tourism has been the bridge for growth in other productive sectors such as trade and exports, transportation, construction, and especially real estate. The benefits from tourism growth are spreading across Greece, creating new sources of income and new jobs to the benefit of local communities. And by achieving this phenomenal performance, we attracted significant investment interest. Our actions in creating a friendlier and more attractive framework, supported more than 350 projects from the private sector to be launched in the last three years in 4- and 5-star hotels and resorts. In 2017, more than 3 billion euros were invested in the Greek travel and tourism 10

industry. In 2018, more than 26 thousand new beds were added in luxury hotels. Several investments are underway from major international hospitality brands, and new projects have been announced to be completed over the next years. Greece emerged as the best opportunity in the Med and Europe for business development in its dynamic travel and tourism market. We have our plan set for the next day in tourism, geared towards increasing capacity and further upgrading our offering in luxury hotels and resorts, as well as for new investments in wellness and spa, golf, MICE, health tourism, theme parks and so much more. We aim to develop new homeports for cruises and a network of medium-size and large marinas. We introduce dynamic packages combining popular with new “satellite” destinations that we now promote. We encourage programs that lead to tourism business activity throughout the year, as well as synergies between the public and the private sector. Greece has a very strong and distinct tourism brand, as a friendly, safe and very welcoming destination, with world-known hospitality. But even more, Greece is the one and only polynesian country in Europe, with more than 100 destinations in the islands and the mainland, each with its own character and beauty, offering highly diverse authentic experiences. The Greek government, the Ministry of Tourism, and I personally encourage and support new investments of high added value in our dynamically growing tourism sector, that create new benefits for the destinations, the local communities, for all stakeholders involved. Tourism is all about the people. We work to ensure tourism will continue to have a leading role in creating new prospects for growth, sustainability, and prosperity across Greece.

www.cactushotels.gr

TREASURES OF GREEΚ TOURISM 2019

Manos Konsolas Dodecanese Member of Parliament in Greece. Head of Tourism Policy of Nea Demokratia. Associate Professor of the Aegean University

“Greek tourism unites us all’’ It is our strategic asset for high and sustainable growth rates. It is not a coincidence that tourism is the only sector of our national economy that has shown strong resilience to the national debt crisis. The people of tourism industry played a decisive role in this effort. Entrepreneurs who invest, innovate and offer a high quality to our visitors. These people, beyond the moral reward, need practical support. A state that will boost entrepreneurship with no obstacles is needed. Today, the biggest problem that Greek tourism faces, is the overload and the lack of an integrated

framework for investment. High taxes create competition problems for Greek industry, while the State hinders those who want to invest. New Democracy has formed a comprehensive tourism proposal that includes: ■ Reduce the tax burden on tourism. ■ Enquired VAT for tourist services at a rate of 11%. ■ Training investments with a new land-use plan for tourism. ■ Simplifying licensing procedures for investment. I will never stop saying that tourism is the Creative Greece. This Greece must go forward, this Greece is the future.

www.rethymnomare.gr

TREASURES OF GREEΚ TOURISM 2019

Konstantinos Tsegas, GNTO Secretary General

2018 was the best year in the history of Greek Tourism inbound traffic increased by 10.3% over the January-September 2018 period, with Greece welcoming some 26 million visitors in that time, tourism-related revenue for the nine-month period increased by 9.1 % compared to the same period a year ago, reaching a record of 14.2 billion euros, the number of international arrivals for the 10-month period to October 2018 at Athens International Airport were up by 12.4 % to 19.8 million visitors against 17.6 million in the same period last year. Our cornerstone of success was the fact that the Ministry of Tourism has implemented since 2015 the first ever national and regional tourism policy, which was followed the last three years consistently. The main target has been to establish Greece as an attractive global 365 – day destination that offers unique and diverse authentic experiences year – round. The implement of our tourism policy led to more bookings for the autumn months and the winter period, and we expect to exceed our target of 33 million international visitors by the end of the year. Our country’s mild Mediterranean climate all four seasons of the year and the high quality of its tourist product offer memorable and authentic travel experiences focused on the renowned Greek hospitality, gastronomy, culture and traditions both in mainland and the Greek islands. We implemented our plan and we achieved to promote Athens and Thessaloniki as popular city break and short-break destinations, ideal for leisure, business travel, enter14

tainment, nightlife, shopping, and daily cruises to nearby islands. A big success is we received the award for Athens as the best City Break Destination for 2018 by World Travel Awards for Europe. Of course, Greece remains one of the world’s most preferred sea & sun destinations, with fantastic beaches, it’s unique light, and a choice of more than 100 islands. Greece offers the whole package, both in terms of leisure holidays as well as in terms of meetings, conferences and incentives. That’s why our country is a top choice globally. As we plan to further showcase all this unique authentic experience 365 day a year, ahead of bookings for 2019 we continue with more dynamic promotion and advertisement and our world-wide campaign in digital and traditional media, to become the best vacation destination in the Med and Europe, despite the fact that the GNTO has much lesser advertising funds available compared to its competitors. Our marketing mix utilizes mainly online channels whose main target is to strengthen our traditional markets while building on new and upcoming ones, such as the Middle East, China, India and South Korea; markets that we aim to approach with very focused and targeted initiatives. In our strategy, we promote sustainability as an essential element of Greece’s identity and future in tourism. And we do so, by showing to the global travel audience the authentic elements to be found in the Greek islands and the mainland that can spoil you with so many choices around the year.

TREASURES OF GREEΚ TOURISM 2019

George Vernikos, General Secretary - Greek Tourism Confederation (SETE)

The Greek tourism must maintain its potential The Greek tourism sees yet another good year, with about 32 million arrivals expected by the end of 2018. In the coming years, Greece has all the potential to maintain and further strengthen the country’s position, in ranking with the most popular tourist destinations worldwide. The challenge now is for Greece to maintain its popularity and for businesses to keep up with the new trends. The objective is to establish synergies and channels of cooperation between the private and public sector. On the one hand, the state should create a friendly business environment to support domestic companies and attract foreign investments. On the other part, the tourism sector should continue to provide high quality services to both Greek and foreign visitors. However, if we wish to measure the overall course and effect of the Greek tourism, we should also take a closer look at a range of significant qualitative elements, such as the average per capita expenditure per trip or the average duration of a stay. In terms of business revenues, these do not seem to follow the desired growth rates. We should not forget that many companies of the sector still face difficulties in securing funding alternatives, which prevents them from upgrading their product and thus delaying improvement in their financial figures. At the same time and despite the

Greek Tourism’s success story, studies clearly indicate that the industry as a whole (namely hoteliers, transportation, FnB, as well as the maritime sector) suffers from a heavy tax burden compared to several competitor EU member states (Italy, Spain, Cyprus, Croatia) as well as pre-accession, neighboring countries (Turkey), while the companies are burdened with significant higher VAT rate than those of the competing countries. Specifically in view of 2019, there are a number of issues are expected to have an effect on the wider picture of tourism. The general economic environment as it will evolve in Europe will continue to be an important parameter in terms of the available travel income of our visitors. For instance, the developments regarding Britain’s exit process from the EU, could potentially impact the high flow of British tourists to Greece. At the same time, Turkey’s recovery combined with the depreciation of the domestic currency may also favor the tourism flows towards our neighboring country. Based on the above, the necessary conditions for tourism to keep growing could be summarized in: the maintenance of political and economic stability, the creation of a realistic and stable tax framework, the operation of a flexible credit system, the development of a national zoning framework, and the enforcement of the rule of law.

TREASURES OF GREEΚ TOURISM 2019

Alexandros Vasilikos President of the Hellenic Chamber of Hotels

Greece is not limited to sea and sun products. Greece is about experience ! This is what Greek hoteliers promote The future of Greek tourism is a function of recognition of the importance of the concept “expected experience” and its integration into the overall tourism strategy of the country. Visitors do not just buy a tourist product, they buy the expectation of an experience and this expectation must be fulfilled in full by experiencing it. And all this happens in a day-to-day world that is becoming more and more digital, which means that travel experiences are now “alive” and transported online to the rest of the world “LIVE” as they happen. The best way to create value in the 21st century is to combine quality and technology. This is precisely the goal of the Hellenic Chamber of Hotels, with a series of actions and programs focusing on quality and technology, with final recipients and beneficials the hotel and its guests. First of all, we are promoting actions related to the certification, rewarding and publicizing of the quality, authenticity and originality of the offered tourist services and goods, as we do with the Boutique Hotel Program. It’s not just a trusted certification mark. It is the highlighting of innovative design and the development of innovative hosting services in our country. Quality is the right answer, no matter what the question. The bet of the future is won by the quality and diversification of the experience we provide to the visitor, having first succeeded in creating the expectation of this experience. And so we come to the other major challenge, which is the “transmission” of expectation, through new channels of communication and sale of the tourist product that are shaped by the new 18

revolutionary technological applications. The catalytic role of the internet and social media creates a completely new environment for the global tourism market, which follows the principle that “if you want to hide something, put it on the second page of Google search results.” For the Greek hotel it is the time of the digital transformation and the Hellenic Chamber of Hotels with a series of actions, such as the recently organized 2nd International Hospitality Forum in Athens, and targeted programs as well as the support of an innovative “ecosystem”, with technological communications and IT applications all over the world spectrum of the tourist market from new start ups. Bringing constantly closer people, ideas, data, processes, we support the competitiveness of the Greek hotel where the future will truly be judged, combining and creatively compiling quality and technology, creating new values for visitors in our country. In addition, we highlight the fact that the tourist experience includes a variety of interrelated components such as materials, services, natural environment, ideas, information, activities. With this in mind, the HCH established the “Greek Breakfast” Program and the Greek hotel became a vehicle for the extroversion of quality primary production. Corresponding actions are also planned for the integration of modern Greek cultural production into the hospitality experience. Greece is not limited to sea and sun products. Greece is about experience. This is what Greek hoteliers promote.

Hospitality meets 5* experience

A PIECE OF OASIS

A PIECE OF PARADISE

TREASURES OF GREEΚ TOURISM 2019

Christina S. Tetradi, Vice-President of Hellenic Chamber of Hotels

Excellence and Quality the Keys to Success Tourism is undoubtedly the “heavy industry” of the Greek economy and it has proved in the past few years, that even in the most adverse conditions, it is the sector that can provide valuable support to our country, by boosting employment, public revenues and investments. The good achievements of 2018, allowed Greek tourism to contribute positively, both to the real economy and to the level of market psychology, which play a catalytic role for the long-term performance of the national economy. Hospitality and the Greek Hotel proved to be once again the powerful engine, stimulating the activity of all related sectors and professions, giving not only cash flow, but also the prospect of hope for the future. However, the last thing we need now, is the contentment of success. One year’s success is not a guarantee for the following years. The challenges in the global tourist market are enormous and the struggle to maintain this success, must be continuous for all of us! Competitiveness is the key to the future. Excellence and Quality are the Keys to Success. The continuous modernization, allied with technology and quality improvement of services at all levels, are the prerequisites for value for money,

season extension and higher-income visitors. We, the hoteliers, have fully realized this necessity and we all work methodically, investing both in time and money, in order to meet even higher standards of excellence and quality for our businesses. This is the reason why, the strategic choice of the Hellenic Chamber of Hotels is to introduce innovation to the hotels and tourism, as well as to contribute as much as possible, to the continuous information and education of the hoteliers, so that we can constantly improve and upgrade our knowledge, which is our strength. However, only the efforts of the hoteliers are not enough for tourism. What counts, is the whole tourist experience of the visitor and that means, that much more needs to be done. We need Marinas, Golf Courses, high standards Conference Halls and Entertainment Venues, all with commercial interest. The whole experience should be “value for money” and not just the hotel accommodation, which already is, anyway. What we have achieved as hoteliers, we need to accomplish as a country, in order to ensure our position at the top of the global market preference. We deserve it and we can do it. With vision, plans and strong determination from all the stakeholders.

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TREASURES OF GREEΚ TOURISM 2019

Lyssandros Tsilides, President FedHATTA

Dear Colleagues and Friends, Another record-setting season and a significant rise in off-season tourism have cemented the leading position of Greece as a favorite yearround destination in the global tourism market. We at FedHATTA have worked tirelessly, alongside all major stakeholders, to reach this point, and we fully intend to continue surging ahead. FedHATTA’s strategy is clear: develop and support the tourism industry within Greece and at the same time build awareness of all that Greece offers among travel professionals abroad. At FedHATTA , we stand shoulder to shoulder with our members, the travel professionals who are the backbone of the industry. Our DODEJA Platform supports the industry and showcases Greece’s year-round tourism potential by highlighting that Greece offers endless experiences, any time of year. By continually strengthening the DODEKA Platform we can further expand these efforts. FedHATTA works closely with associations abroad to promote Greece as a destination and forge cooperation with foreign travel agents. In April, we were honored to host the ASTA Destination Expo here in Athens, where hundreds of American travel

agents got to know our beautiful country first-hand. The resounding success of the Destination Expo is already reflected in increased visitor numbers from the US. In our immediate neighborhood of the Eastern Mediterranean, we have signed MOUs, initially between Greece, Cyprus, Egypt and Israel, to create the East Mediterranean Travel and Tourist Agents Synergies. This cooperation will be the springboard for developing all tourism sectors across the region. The next major event is Japan Week (fall 2019), which will be hosted in Athens and will bring untold numbers of influential visitors from Japan to our capital. This gives us the opportunity to re-energize this large tourist market, which has been weakened in recent years. We are preparing a full program to accompany this great meeting of cultures. Dear Friends, We do not rest. There is much work ahead that – we are sure – will bear fruit for the good of all. We are fortunate that our country is renowned worldwide for its beauty, culture, and history. I wish the entire Family of Tourism a good and constructive new tourist season.

TREASURES OF GREEΚ TOURISM 2019

MICHALIS SAKELLIS PRESIDENT OF ASSOCIATION OF PASSENGER SHIPPING COMPANIES

2018 passenger shipping developments Once more, we should emphasize the great importance of passenger shipping to safeguard our national interests and the development not only of our islands but also of the country. Our coastal shipping fleet (with the exception of open-type passenger ferries) consists of 74 ships, of which the 21 are under 20 years old and only 10 are more than 40 years old. Our fleet today is probably the most modern in Europe providing similar services with fleets in Europe. It is important to know that out of 95 islands served, 65 are connected to mainland Greece only by sea the rest are served by airplane as well but the overwhelming majority of passengers use ships. It is also important to be aware of the great contribution of the coastal shipping to the exclusive service of our 44 small islands and the transport of 1,000,000 immigrants and refugees since 2015, which is very important not only for Greece but also for the EU. Last, but not least, we must point out the participation of the coastal shipping in the GDP of the country with 9.2% and its support to the employment of the islands with 350.000 jobs. Considering that 65-70% of imported

tourism is destined for our islands, the contribution of our coastal transport to tourism is particularly important. Ferries are carrying every year 2,000,000 foreign tourists and about 4,000,000 Greek holidaymakers. It is important to note that traffic between the islands is exclusively served by ships. Positive development is the stabilization and a slight increase of total passengers carried after 2015 with an expected increase of 3-5% in 2018 and stabilization prospects in 2019. The negative impact is the increase in fuel prices in 2017 and 2018, which has affected the companies’ results by € 100,000,000, as well as our obligation according to the European Directive 2012/33 on the consumption of greener fuels from 2020, which are expected to add a further 30% increase to fuel prices. This new oil crisis has raised great concerns. To address it and to avoid increases in fares, proposals have been made to the Government, particularly regarding the reduction of VAT rates applicable to the coastal shipping and the modernization of our institutional framework. Our proposals are being discussed in a climate of mutual understanding and we hope for positive results.

Atlantica Porto Bello Hotels

Tel. +30 22420 92101-3

Tel. +30 22420 91217-91195

Fax. +30 22420 92283

Fax. +30 22420 91168

Email. reservations_porto_bello_royal@atlanticahotels.com

Email. reservations_porto_bello_beach@atlanticahotels.com

Web. atlanticahotels.com

TREASURES OF GREEÎ&#x161; TOURISM 2019

Theodore Kontes President of Union of Cruise Ship Owners & Associated Members

Greek Tourism have a great future Greece is the ideal destination for cruising experience having 16.000 km coastal line and a Polynesian geographical location in the East Mediterranean. Historical places, monuments and beautiful beaches in such a great clear blue sea archipelagos give additional value in our sea tourism sector. The last three years (2016 â&#x20AC;&#x201C; 2018) we have noticed unreasonable variation to the visiting sea tourism guests. Starting with a surprised increase in 2016 season which occurred due to our Turks neighbor problems and several terrorist attacks organized focusing tourists visiting great cities. The vessels already trade in East Med have no choice to repositioning, resulting with only opportunity to change from Turkish ports to the Greek ports, mainly islands in the East Aegean but also use as homeporting Piraeus instead of Istanbul which was used several years with great success including the International, competitive air lift. Therefore sea tourism and mainly cruising customers visit the Greek destinations instead of Turkish. Since the East Med was continue in 2017 plus the illegal immigrations problems have a very negative impact in sea tourism since the operators had enough time to be prepared in other destinations including West Med, North Europe, Asia and many others. For 2017 have notice a reduction of about 20 % which was the greater negative impact after so many years. Coming now to this year operation

although initially we were expected a limit corrective positive increase about 2 %, with our recent latest forecastle we are still expecting a farther decrease to 2.5 %. The following years also expect for 2019 to remain in the same level with possible a positive corrective action about +2%, but the following year 2020 hoping the East Med including Turkey to be more quite with a considerable increase in traffic in the whole area. It is also important to notice the announcement of Turks promoting cruising in all ports by supplement an amount to vessels from 25 till 45 â&#x201A;Ź per passengers depending on cruising period and number of calls. On the other side our Greek destinations announcing increases in harbor fees and services and the calls become very expensive with negative impact in the programs. Finally the ports infrastructures and even maintenance are very poor give to our neighbors an additional negative scope. Improvement in services and competitive economic effects as well as the proper securities and safe ports are on top priority. Considering seriously all these we are sure that Greece can become the leaders cruising destination in the area and due to various interesting places we consider our country having a great future. It is also important to comment for the Greek Islands yachting interest in the entirely Greek archipelagos offering 16.000 km coastal line and a Polynesian preference destinations.

TREASURES OF GREEΚ TOURISM 2019

DINO FRANTZESKAKIS President of the Hellenic Association of Airline Representatives

Tourism our country’s greatest success

Greece’s tourism industry is one of our country’s greatest success. Over 32 million visitors are expected to arrive by the end of the year, reaching an all-time high. Air Traffic to Greece has also increased by 9.6%, with more than 58 million passengers passing through Greek airports. Greece is one of the world’s favorite tourist destination and fastest-growing investment destination due to our country’s natural beauty, perfect climate, historical heritage, gastronomy and excellent value for money. Furthermore, Greece is also attractive because of the country’s strategic location, access to emerging and high growth markets, an energy hub and a shipping leader owning largest fleets worldwide. Transforming Greece, into an ideal place for holidays and investments. Significant growth in travel and tourism require further developments in infrastructure, quality services and green innovation for sustainable tourism. Our destination depends on the image perceived by tourists and development in tourism infrastructure and services will drive demand. The airline industry, predicts that overall passenger numbers will continue to rise along with fuel, labor and infrastructure costs. Airlines are now in the planning process, adding new routes and increasing their fleet size to accommodate more passengers. In Greece, passenger numbers are also expected to rise in 2019. Ryanair will operate over 300 weekly flights in Greece, while Aegean Airlines will increase frequencies to current serviced destinations but also introduce new routes like Ibiza, Sarajevo, Valencia from Athens 28

and to Hannover from Thessaloniki. To meet the rising number in passenger traffic, Athens International Airport, is currently expanding its terminal. Further completion of airport upgrades and renovations are expected at Chania, Kavala and Zakynthos next year. Meanwhile the expansion of Makedonia airport is expected to open in 2021, transforming the airport into a modern hub for the southeastern Balkans. Our tourism industry has unlimited potential, a lot to offer and many opportunities. But is it enough? In line with tourism development, we should also consider our environment. Human activity can have a serious effect on our ecosystem. Tourist congestion, exploitation of tourist resources and disorderly tourism development can lead to a future with no tourism and no prospect for future generations. Environmental factors can influence tourism and need to be included and planned along with development. Finally, it is worth mentioning that our aim to grow demand and increase traffic is being achieved, along with revenue increase and job creation both direct and indirectly. Now, is the time for all related industries to get together and plan for the future. That should be our top priority. What worked, what didn’t work and how we can sustain success. SAAE was founded in 1989 and members consist of Greek companies that represent foreign airlines in Greece. Currently, there are 118 foreign airlines represented in Greece of which 75 operate under Greek general sales agents (GSAs). www.saae.gr

TREASURES OF GREEΚ TOURISM 2019

A. Syrianos, CEO of Hellenic Brewery of Atalanti

Beer is a matter of gastronomy and culture Greece is a unique country, both in terms of geolocation as of geomorphology and climate. Located in the midst of Europe, Asia and Africa the country serves as crossroads of commerce, but more importantly of culture, ideas and vision. The cradle of Western Culture, with unique elements inspired by the proximity to the Mediterranean Sea, Greece has developed an exemptional gastronomical culture, loved and admired across the globe. The great weather conditions all year round, have set Greece as the “it” destination, chosen by millions of tourists every year. Especially during the extended summer period, the vibrant touristic crowds fill the whole country, enjoying the excellent weather, the endless beaches and the delicious food and drinks. In Greece gastronomy is an integral part of our history, of our customs and traditions. So Greeks pay great attention to the ingredients. They are interested in their “roots”, the way they are cultivated. Because every ingredient, except for the taste and the smell, has a story to tell and a magical way to make a recipe exceptional. These elements apply to all the Greek gastronomical “expressions”, including beer. Beer is a product that turns the hottest summer days and the most idyllic summer nights, to joyous occasions and happy moments. A product that can be combined with the tastiest delicacies, turning a meal to an experience to remember. These reasons have turned greek beer to a product most tourists choose to accompany their holidays, and sometimes search for in their countries in order to enjoy in other occasions. Especially during summer’s high season, the demand of greek beer is ascending. This phenomenon is called the “Summer Effect”, since it has a great influence on the product’s demand. Adding to the aforementioned, the exports

have been on a rising course the past few years. It’s worth noting that today greek beers have “conquered” the international retail sector, in most countries around the world. These insights have helped the greek brewing sector expand while smaller players have risen, setting their own path with exquisite brands of beer. An important part of the greek brewing sector, which has led the path for many smaller breweries, is the Hellenic Brewery of Atalanti. A company with 30 years of experience in the greek market, has been devoted in producing unique beer which closes in each bottle gastronomical elements of the whole country. With a dynamically expanding portfolio, Hellenic Brewery of Atalanti produces four different labels, with ten different beer choices. Each label has a different story to tell, while each beer encloses the tastiest ingredients of the greek earth in its taste. Hellenic Brewery of Atalanti’s labels are, PILS HELLAS, εζα with εζα Fine Lager, εζα Premium Pilsener and εζα Alcohol Free, BLUE island with BLUE Island premium Mediterranean beer, BLUE Island Radler Lemon and the innovative BLUE Island Pear Delight 0% Alcohol & Gluten Free and ODYSSEY with ODYSSEY Red, ODYSSEY White and ODYSSEY Dark. Focused on our goal, to produce the best beer in the right way, Hellenic Brewery of Atalanti has had a constantly developing market share, with the exports approaching 11%. The support and trust of the greek as well as of the international consumers, is the greatest award for us, but also a great responsibility to try persistently and work even harder to produce impeccable beer. With devotion and love for what we do, working as team, I am perfectly sure that Hellenic Brewery of Atalanti will rise even more and even change the greek brewing sector! 29

TREASURES OF GREEΚ TOURISM 2019

Gregory Tasios President of the Panhellenic Federation of Hoteliers

“Value for money”: The future key to success In 2018, the Greek tourist product retained its momentum, while the hotel industry continued to contribute to the wellbeing of the Greek economy and society. However, nothing can be self-evident and taken for granted for the future. In our preparations for the new season, we are confronted with the challenges and uncertainties of 2019, linked to developments such as the Brexit, the economic insecurity many European citizens feel, and the revival of competition in Greece’s wider region. Uncertainties, challenges and difficulties have always existed and will always be there. The key to success for the future is value for money: a good quality-price ratio, which is attractive to the potential visitor to Greece. Indeed, Greece’s hoteliers – in spite of their heavy burdens, are systematically striving to continually upgrade the quality of service, having as their primary concern to offer every single visitor to Greece a unique tourist experience. We do our best to “load” visitors with the best memories and thus be “ambassadors” of the Greek tourist product. However, it is not all in our hands. A continued success and growth of Greek tourism will require from all involved parties to do their part, as the tourist experience is not merely about hospitality but everything that visitors experience during their stay. The issues of daily life, from garbage collection to the opening hours of

archaeological sites, should receive increased attention. The country’s needs in infrastructure (airports, ports, roads and railways, health structures, etc.) will also have to be brought to the foreground not only for visitors but also for locals. So, we need a great rally for tourism, as the sector has proven what it can offer Greece. But tourism can not continue to do it on its own. Today, as the country tries hard to recover from the crisis and return to normality, we can, with more strength and on a clear horizon, create the conditions for future success. But this will remain a wish if it is not supported by related actions and if all available financial instruments are not turned to this direction. It is now time for everyone, from the top of the political leadership to the bottom of society, to acknowledge the value of tourism contribution and take on their own responsibility. It is time to design a long-term strategy for Greek tourism in the 21st century; set strategic goals for where we want to go; identify the means to achieve it; and, do it on a time-bound basis. “Next day” tourism can only be the fruit of an organized, methodical, persistent and painful collective effort. It requires working together, understanding and commitment to the common good, believing in our capabilities and in the best that the tourism economy can offer to the country.

TREASURES OF GREEΚ TOURISM 2019

Apostolos Katsifaras Regional governor of Western Greece

Western Greece is one of the most upcoming tourist attractions in Greece Here are some information about the visitors flows: In the 2018 we had 462.000 more overnights and the travel receipts were increased about 73%. In the same year tourism stimulated the local economy with 38 million Euros. The overnights in Western Greece are almost 1,4 million, more than ever before. There is a continuous interest for tourism investment. At the moment there are 266 investment proposals for new accommodation in Aitoloakarnania, Achaia and Ilia. Taking into consideration the above mentioned data, we can see that Western Greece has been developed as an international tourist attraction within the last few years. I would also like to remind you that our region has been recently awarded as a “European Destination of Excellence” in cultural tourism. Also our region is taking part in international tourism exhibitions as distinguished and honored region (in Thessaloniki at November) Western Greece is a tourist attraction because of its history, culture, natural beauty, and infrastructure. Over the last few years there is a spectacular improvement in the road network and that has as a result visitors’ easy access from all over the world, 365 days a year. Our goal is to dominate in tourism through modern marketing techniques taking into consideration our advantages: Ancient Olympia, our gorgeous coastlines in Ionian Sea, the marvelous Corinthian Gulf, the breathtaking mountains in Nafpaktos and in Kalavryta and the astonishing religious monuments such as the 32

splendid church of St. Andreas in the centre of Patras. We also encourage the investments that reinforce the tourism infrastructure, we upgrade the access, we do our best for the points of interest and we develop other areas in our region that can be reclaimed. In terms of road network, the two new motorways that have recently finished from “Olympia Odos” till Patras and the “Nea Odos” that connects Peloponnesus with Epirus through the suspension bridge of Rio-Antirrio contribute to the increase of tourism flows. Very soon I hope that will begin the extension of the road from Patras to Pyrgos, Ancient Olympia and Tsakona. With the modernization of railways, we can see that Western Greece has great road network and that has as a result the increase in quality and quantity of tourism flows in our region. Besides that, Western Greece, through the money that is available, materialize a big plan that has to do with infrastructure. For example the modernization of the terrestrial spaces in the port of Katakolo and the upgradation of the ski Center in Kalavrita. In Western Greece we invest in tourism. We try -and succeed- to create an environment that helps the entrepreneurship, strengthens the structures and increase the employment. The tourism for us is very important for the financial recovery and the productive redevelopment of Western Greece. The results are beyond expectations and we are determined to continue with more persistence.

TREASURES OF GREEΚ TOURISM 2019

Antonis Stelliatos, President Of Hellenic Professional Yacht Owners Association

YACHTING IN GREECE:

Holiday’s experience you will remember for the rest of your life A yacht vacation in Greece is unlike any other vacation. Boarding the yacht is only the beginning. A greek yacht charter offers unique opportunities of sightseeing, exploring or relaxing in a new island each day, there is no better personalized way to travel. Start at the crack of dawn and cover as much territory as possible or sleep till noon, swim from dawn to dusk and sail for an hour or less to the next anchorage. Cruising the greek islands or the greek coastline on a professionally licensed greek yacht is one of the most prestigious, heartwarming, culture filled experience one can have. Every greek island has its own special unique character and beauty. We are blessed to have one of the most exciting yacht cruising areas in the world, an area which offers over 3,500 islands and 16,000 kilometers of coastline. Greece has the clearest and most transparent waters in the Mediterranean and warm, friendly and hospitable people. A cruising holiday in Greece will soon persuade you that whoever coined the phrase “Greece, land of the Gods” was not far off the mark. From the ArgoSaronic Gulf close in proximity to Athens to the whitewashed Cyclades Islands in the Aegean, the lush Ionian Archipelago or the cosmopolitan Dodecanese to the pine laden islands of the Northern Sporades, thousands of miles of coastline and islands await you adventurous appetite, and trust me when I say this, the experience and memories will be unforgettable. Tourism income represents 18% of the national GNP of which the yachting industry contributes 3%. The growth factor for the yachting industry is unlimited. The yachting season in Greece runs between early April and late October to early November. The greek seas offer various attractions and delights for all tastes: from family charters to VIP guests range from Hollywood to Wall Street, international business and from countries from all over the world. Today’s greek charter fleet consists of over 5,000 commercially registered charter yachts, whose quality crew experience and performance are second to none. 34

This greek charter fleet consists of four types of yachts: Motor Yachts Sailing Yachts Traditional Boats Mini cruise ships capacity of 49 passengers The greek charter fleet in the last 10 years has gone through a renaissance period and the majority of our yachts average age is between 3-8 years. But the key overall factor for a successful yachts charter is our crews’ performance. The majority of our crews are greek nationals; they are highly trained and are renowned for their 5 star service and greek hospitably. Our chefs are five-star and trained to prepare a variety of cuisines, continental, international, mostly Mediterranean, Asian and other cuisines, using world famous greek products and ingredients renowned of their variety and quality. Even though today Greece faces economic woes and the image of the country is at one of its lowest points, the greek yacht charter market is maintaining a steady flow of business as the natural beauty of our country with its fabulous cruising areas is second to none in the world. To summarize, when cruising the Greek Islands, you will encounter winds full of Greek Mythology, Socrates, Platonas, Ancient Greece, the famous greek cuisine consisting of wonderful fresh fruits and vegetables, fresh fish and seafood, the wide selection of local greek wines and the famous ouzo, greek olives, olive oil, feta cheese, the hospitality of the local people who will go out of their way to ensure that your visit will be unforgettable, and the greek sea and sun that will simply leave you with a lifetime of cherished memories. We assure you that our seas are secure and that we will continue to take advantage of our unique sea and weather conditions to maintain our position as undisputable unique players in the worldwide yachting market.

TREASURES OF GREEΚ TOURISM 2019

Michael Skoulikidis President of Greek Yachting Association

Onwards and upwards Summer has drawn to an end and, with it, so has the Mediterranean charter season. Although we are already busy handling incoming inquiries and a large number of bookings for 2019, it is still the perfect time for reflection: a time to examine what we have done well and what we need to improve upon. Let me begin by saying that 2018 was a great year for yachting tourism in Greece. I could safely say that it was one of the best seasons that we have enjoyed in a long time and this was due to a number of reasons. The first, and perhaps the most important, is that the Greek fleet is displaying significant growth over the last few years. There are bigger, better and more boats available for charter and the majority are in excellent condition. New builds of global calibre have been launched by Greek shipyards and there are also significant projects in the yards that will soon make an appearance. This is adding a new dimension to Greek yachting and making it one of the key players in the world of luxury travel. In fact, according to Knight Frank’s recent “The Wealth Report”, Greece is ranked 3rd globally as far as ownership of superyachts (40m+) is concerned. A fleet of this size, with many of

the yachts available for charter, is a very big accomplishment for a small country. The second is the human element: the level of training of the crew, the talent of the chefs onboard and the atmosphere they create as a team for their guests. Greek crew have made leaps of progress and are now considered exceptional by any standard. They are not simply matching clients’ expectations but exceeding them. The third reason that is leading to a boom in the Greek yachting industry, is the rather unstable situation in Turkey. Due to the recent uncertainty, yachts are simply not willing to take any risks and are stopping their adventures in the area of the Dodecanese. And last but certainly not least, we have the incomparable beauty of Greece which acts as a magnet for all those who like to spend their vacations on the water. It starts from the lengthy coastline and thousands of islands, each with its unique character, and extends to the favourable weather that Greece experiences and the absence of threats such as hostile marine life & extreme weather phenomena. It is the above combination of factors that has resulted in a spectacular season for the Greek yachting industry. And 2019 promises to be even better as we move onwards and upwards!

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TREASURES OF GREEÎ&#x161; TOURISM 2019

Giorgos Paliouras president of Greece chapter of the American Society of Travel Advisors (ASTA)

The US market is very important for our tourism Greece is an everlasting destination with great history, culture, natural attractions, world heritage monuments, art, and legends. Famously, the mainland is surrounded by hundreds of islands with clear skies, deep blue waters, and mild climate year-round. Greeks are passionate people with rich traditions in hospitality, gastronomy, wine, music, and dance. Yet, our common target with ASTA is to demonstrate that Greece is much more than the above and to further penetrate the demanding American market. As Greek travel agents we work with commitment and professionalism to provide more than just a classical, mature, desirable destination. We try to offer an unparalleled experience to all of our clients by following the latest trends in the industry and by constantly improving our services.

ASTA Greece Chapter is part of the American Society of Travel Advisors, the leading global advocate for travel advisors, the travel industry and the traveling public. We are committed to selling travel to Greece through effective representation, shared knowledge and the enhancement of professionalism. ASTA members represent 80 percent of all travel sold in the United States through the agency distribution channel, and as the number of annual visitors to Greece continues to grow, we hope that U.S. travel advisors can play a key role, by working with their Hellenic counterparts, in increasing the number of inbound visitors from the United States. Following the successful 2018 ASTA Destination Expo in Athens, we now have the opportunity to build strong relations between the Greek Chapter members and the thousands of international members of ASTA.

TREASURES OF GREEΚ TOURISM 2019

PANAGIOTIS TOKOUZIS President of the Hellenic Confederation of Tourist Accommodation Entrepreneurs (SETKE)

The starring role of the accommodation sector in the growth of Greek tourism A new historical record of up to 33 million tourists and more than 16.5 billion euros in tourism revenues is expected to be reached in 2018. These figures exceed all previous years projections, as well as all expectations, and raise the bar for Greek Tourism. Greece is now an identifiable destination for millions of tourists from all over the world. Popular Greek islands such as the cosmopolitan Mykonos, the mysterious Santorini, the multidimensional Rhodes, and the authentic Crete, have remained the protagonists of this year’s top holiday options. At the same time, some rather quiet islands, such as the majestic Astypalea or the lunar Nisyros, have also “spoken” to the hearts of travellers. Such positive data and developments provide for more optimism on the part of the country’s tourism and hotel industry, but in no case is this reality subject to revelry, let alone complacency. The big wager now is to sustain Greek tourism’s high performance, and achieve the desired extension of the tourist season.

Tourist accommodation businesses have played a significant role in the growing course of Greek tourism and in shaping the country’s accommodation map. More than 39,000 small- and medium-sized businesses today provide their services in the Greek Hospitality market. These, are all distinguished for the familiar environment and the atmosphere of family warmth they offer. Owing to their size, it can be said that “employees is these businesses know each client by their first name”, allowing for a more genuine, friendly and humane relationship. In recent years, the accommodation sector, having the Hellenic Confederation of Tourist Accommodation Entrepreneurs (SETKE) as a valuable adviser and helper, has been operating in line with international trends and developments in Hospitality, offering a new, upgraded and comprehensive proposal for tourist accommodation: A modern, customer-centric approach that combines quality service and personalized amenities.

TREASURES OF GREEΚ TOURISM 2019

Konstantinos Tornivoukas Vice-president of Thessaloniki Hotels Association & CEO at TOR Hotel Group

Τhessaloniki: Threats and Opportunities for 2019 Thessaloniki is an up and coming destination with a lot of potential. A decade ago, Thessaloniki was a city that mostly attracted business travellers and its occupancy was concentrated on working days, while on weekends and summers business was slow. Now, we see a completely different picture: The demand has shifted to weekends and summers, leisure travellers have discovered the city and we were able, during the years of the greek economic crisis where business travel was significantly affected, to see a constant upwards trend in occupancy as well as ADR. I believe that this success can be credited largely to our mayor, Yiannis Boutaris, who invited and successfully brought a large number of new tourists in the city, Jewish people of various ethnicities, Israelis, Turks and many Europeans who heard about Thessaloniki for the first time, a city that a decade ago was mostly unknown outside Greece. These new visitors came to the city, whether for a city break or even as a stop over before their summer vacation to the well known Halkidiki, and they discovered an interesting, vibrant city, with rich history and a fun nightlife. However, the success of the city brought on some significant problems for hoteliers, and especially the problem of unfair competition. Airbnb gained a lot of traction in Thessaloniki, as in many other cities, without any regulations, no proper taxation, no control whatsoever. The problem is so big in Thessaloniki that many locals are driven out of the city center, as they are kicked out of their rented apartments and are unable another one to rent, as most apartments are now used for 42

airbnb. For me this is a problem that affects the very heart of the city. In addition to that, we have observed a new trend of fake hotels, apartment complexes with no hotel license, no government control of quality and no taxation, use the term “hotel” across all platforms and even have the nerve to use a star rating that they have decided upon for themselves! Thessaloniki hotels association is making a huge effort to minimize those cases, but it’s an uphill battle for us. Moreover, hoteliers have been faced with a lot of over taxation for the last years, that makes our operation harder and harder with each passing year, and the competition with all those new “hotel types” ever harder: οvernight stay tax, high VAT, taxation that targets hotels alone makes business for a hotelier challenging to say the least. Another very important matter that will help us improve our overall destination is the improvement of the image and the daily life in the city: illegal street parking is a big problem for the city, as is garbage collection, and cafes and bars illegally expanding and taking over sidewalks. All these issues are important for Thessaloniki visitors as well as for the locals. We believe that an effort should be made in the coming years for these issues to improve. Finally, we are awaiting the changes that the new year will bring, with a new mayor that will be elected in the city, who we hope will invest in tourism like the current mayor did. We believe that tourism has a major impact in the overall economy of the city and of Greece in general, and we should all be united in demanding the necessary assistance from the government so that it will continue to grow.

Alkyon Hotel The hotel complex is located in Vrachati Corinthia and is open all year round. Built in an area of 25,000 sq.m., surrounded by lush gardens, it is an oasis of serenity and luxury for its guests. It offers luxurious accommodation, health and wellness, catering, event and conference planning services. Luxury Accommodation Having a view to the lush gardens, all Standard, Superior and Executive rooms, and spacious Junior suites with underfloor heating and Nespresso coffee maker, combine both luxurious accommodation and high-standard services, while the Apartments and Maisonnettes offer unique comfort for a carefree family holiday. Live music every Saturday evening, free Wi-Fi in all public areas, impressive atriums, indoor and outdoor playgrounds, amazing swimming pools, excellent Mediterranean cuisine for every taste, certified Greek homemade breakfast and affordable offers, turn Alkyon into a paradise for all. Spa Center The ultra-modern facilities of the award-winning Spa Center have been designed according to high quality standards and they include an indoor heated swimming pool, 6-persons heated Jacuzzi, Turkish bath, 2 Saunas, Spa jet, Gym, Hair salon, Anti-ageing department, 4 individual treatment cabins, Spa Suite, Aromatic whirlpool bath and a Spa Boutique. Under the care of our Spa Center beauty experts, special daily packages and fully customized programs are offered among a great variety of treatments. Conferences - Events The hotel has fully equipped, state-of-the-art, highly customizable venues, while providing quality services, in order to ensure prestige and success for every professional event. All venues fulfill the demanding requirements of conferences, business meetings and weddings all year round. Fully equipped with up-to-date facilities and natural ambient light for most of them, they guarantee the best result for small meetings to big conferences, with a maximum capacity of 630 persons.

Vrachati is a popular destination among tourists, located just 120 km from Athens airport. The hotel is located 80 meters from the wonderful Vrachati fine-pebbled beach with crystal clear waters, and very close to unique archeological sites, an ideal spot for short or longer breaks every season of the year. DISTANCES FROM ALKYON HOTEL Ancient Corinth 10 km -Akrokorinthos 14 km -Nemea 27 km -Environment Museum of Stymfalia 47 km - Mountainous Corinthia 50km -Ancient Epidavros 67 km -Ancient Mycenae 79 km -Patra 110 km -Athens Airport 120 km -Kalamata Airport 158 km.

Alkyon Hotel , Vrachati Corinthia, Peloponnese, Î¤el. +30 27410 52010, www.alkyonhotel.gr

TREASURES OF GREEΚ TOURISM 2019

Alexis Galinos, Managing Director, Athens Development and Destination Marketing Agency (ADDMA)

This is Athens & Partners: Back to a sustainable future As another good year for Athens comes to an end, with visitor numbers rising, significant hotel developments on the go and media coverage that references a unique momentum, we can say the worst is far behind us. Athens is safely back on track and will soon have to grapple with challenges that have already befallen other established destinations. Namely how to advance sustainable growth for all in an environment that is becoming increasingly competitive. The City of Athens along with the Athens Development and Destination Management Agency have already taken the lead in defining clear goals to widen the scope of their activities and support the development of the city for the long-term so that it continues to rise as an attractive all round destination. More importantly we have taken a significant step by calling upon major stakeholders to join us in order to grow the city’s visitor economy together. The City of Athens, the Greek Tourism Confederation (SETE), Aegean Airlines and Athens International Airport have only recently signed an MOU, joining forces to form a unique public- private partnership called This is Athens & Partners. The partnership aims to establish Athens as an attractive destination for visitors, residents, professionals and investors. This is a business that far exceeds the traditional concept of tourism, the administrative boundaries of the Municipality as well as smart marketing techniques. This is Athens & Partners has announced a comprehensive 3-year 15M Euros plan which includes a number of wide ranging projects 44

for the development, management and marketing of Athens as a destination. The projects include urban regeneration schemes across town, the opening of closed shops in the centre of the city to boost local entrepreneurship and upgrade public areas, and a 2 – year anti-tagging program to curate the image of the city. It also includes the curation of events and gigs that will boost the city’s already rich agenda and promote Athens as a contemporary cultural hub. This is Athens & Partners will support digital campaigns to attract even more visitors from major tourist markets but also work on the ground to better prepare local businesses and residents to greet and manage the flows. At the same time through the Athens Convention & Visitors Bureau the city will continue to network and promote the city as an ideal business destination and bid for international conferences and meetings. The footfall for the city’s local economy should be significant. More importantly we want to achieve this through a pact which guarantees we manage growth responsibly to benefit us all. There is only one way in which local government, businesses, professional, residents and of course visitors will continue to enjoy Athens’ unique sense of place and authentic characteristics, everything that makes our city stand out. This is coming together and remaining committed towards funding and managing a future that will make a sustainable contribution to the millions whose lives are connected to this great city. This is Athens & Partners.

TREASURES OF GREEΚ TOURISM 2019

George Skouras - President, Greek Wine Federation

Wine tourism in today’s Greece Hospitality is connected with Greek society through the ancient Greeks, who welcomed and treated foreigners with special care. Over time, Greeks have been loyal to the idea of hospitality, and today, tourism as a form of organized hospitality is a major growth sector in Greece, offering spectacular dynamics. In recent years, tourism has undergone changes in shape and intensity, evolving and accepting differentiations according to developments and certain social and economic patterns. Development of tourism in a given place or region often works as a catalyst of support to and growth of other economic activities. This can significantly contribute also to the agricultural sector, as gastronomy is a key pillar of our tourism product; it is a powerful asset for tourism and promises local economic growth. A region’s gastronomic wealth is an important element that enhances travelers’ positive perception about their choice. Gastronomic tourism makes the visitor a participant in the experiences of local cuisine and local products, thus leading to the search for the gastronomic identity of the area they visit. Here, wine holds a significant position, since wine and its culture are a key part that can be utilized within the circle of visitors’ travel experience. The wine-tourism routes already

developed lead to the discovery of the treasures of Greek wine. Walking through visitable vineyards - that create an exceptionally well-cared architectural landscape - is a unique opportunity to make good use of the countryside. Tasting and discovering local varieties in the highly aesthetic wineries provide the first sign of the presence of wine in each region. Through these elements, the growth of wine tourism exploits the natural environment, culture and heritage of each region. This form of tourism gives the visitor the opportunity to experience the production process from the vineyard to the winery, to taste the wine in restaurant and hotel lunches and participate in various local gastronomy events. These visits connect the past with the present and the visitor with the place and its people. Wine tourism in Greece is now developing, and as a special form of tourism comes to lay its own color on the palette of Greece’s tourist image. The link between wine and tourism is long-lasting and complementary. The future lies in synergies and cooperation to make good use of wine wealth. As a sector, we stand for it, and that’s what we expect. We invest in the tourism of tomorrow with the exploitation of all the important portfolios of our country.

TREASURES OF GREEΚ TOURISM 2019

2018:

A record year for tourism performance and distinctions for Greece Greece in 2018 enjoyed yet another year of tourism records, following three consecutive years of high performance for Greek tourism. Tourism revenue posted a double-digit increase, while arrivals reached 33 million visitors! In addition, Greece has managed to be named the top destination with the best beaches in Europe, at the International Tourism Fair MITT Moscow (March 2018), and "Best Destination for Family Holidays" at Britain’s “Travel Bulletin Star Awards 2018”. Greek islands were at the top of the world at the Condé Nast Traveler 2018 international travel awards in London. Such excellent performance was not merely accidental. The Greek National Tourism Organization (GNTO [EOT]), the State tourism agency, has been following the strategic directions by the Ministry of Tourism and Minister Elena Kountoura, implementing a dynamic and multi-level program for the worldwide promotion of Greece as a top multi-island and continental destination, offering authentic thematic tourism experiences all year round. More specifically in 2018, the GNTO: ■ Scheduled its timely participation in 45 International Tourism Fairs, Shows and Exhibitions. ■ Arranged co-advertising programs together with 124 international and specialized tour operators and airlines in more than 30 foreign markets. ■ Implemented co-advertising programs in India for the first time. ■ Organized a large number of fam trips (on average about 200 trips per year over the past three years), bringing throughout Greece hundreds of foreign journalists, bloggers and representatives of international travel groups from 27 countries around the world. ■ Swept the international awards with the video "Greece - A 365 Day Destination", which received a total of eight distinctions, and also won the "Peoples Choice 2018" by CIFFT (International Committee of Tourism Film Festivals). The award-winning EOT spot was among 29 nominations as the world's best tourist film for 2018, and ranked 1st in public preferences in 136 countries. The video, a GNTO production directed by Antonis Theocharis Kioukas, is now being translated into seven (7) languages (Arabic, Chinese, Russian, German, Italian, Spanish and Serbian), for use in international channels and projection in overseas airline flights. ■ Arranged the country's promotion in top international online media and major international television networks, such as CNN. This new program, is aimed at Greece’s worldwide promotion: 48

An. Tsocha 7, Athens 11521, Greece Tel .: +30 210 8707000 Website: http://www.gnto.gov.gr

(a) In the largest digital and traditional international media: NEW YORK TIMES (NYTimes.com), CNN International, National Geographic, Travel Channel and CNBC. (b) O n flights and inflight magazines of major airlines: Lufthansa, Austrian Airlines, Scandinavian Traveler-SAS and KLM. (c) On the world’s largest travel platforms: TRIP ADVISOR, EXPEDIA. (d) T hrough Yahoo, in common goals of a higher socio-economic profile in the Asian continent and in particular in India and Japan, where information is sought for rival Mediterranean destinations. Additionally, for the first time this year, Shazam's innovative music recognition technology was used with the campaign motto: «Sounds like summer, Sounds like GREECE». Measures such as this one led Greece in 2017 to climb seven places in the global competitiveness ranking of the tourism sector, compared to 2015. This was reflected in the World Economic Forum's 2017 report, where Greece occupies the 24th position in the relative ranking among 138 countries. Greece's performance in the effectiveness of marketing & branding actions to attract tourists has also been acknowledged as very significant. In the marketing & branding field, Greece currently holds the 43rd position, having moved up 19 places compared to 2015. The results of the World Economic Forum's 2017 report were presented at the 93th General Meeting of the European Travel Commission, held in May 2017 in Porto, Portugal. 49

TREASURES OF GREEΚ TOURISM 2019

GNTO: Who’s WHO The Greek National Tourism Organization (GNTO), that was founded in 1929 and was reestablished in 1951, is a Public Entity (PE) under the supervision of the Ministry of Tourism. With a vast history spanning over almost 90 years, the GNTO has had a significant contribution in the development of Greek Tourism. The Organization’s main mission nowadays is to develop and promote the Greek tourism product through the implementation of promotional tourism campaigns both in Greece and abroad utilizing as well its extensive network of overseas offices. Based on the national tourism strategy set by the Greek Ministry for Tourism, the GNTO is responsible for developing and implementing the national communication strategy for the promotion of Greece as a tourism destination worldwide. In its capacity as such, the GNTO has the following responsibilities: Conducts market research and studies. Analyses global tourism trends utilizing own data as well as those provided by other national and international tourism organisations and associations. Undertakes offline advertising campaigns in a selected number of widely known and highly esteemed international media. Utilizes all online channels available – digital, social media, etc. – to promote tourism to Greece and undertakes large scale promotional campaigns in major Online Travel Agencies (OTA’s) and Search Engines. Runs extensive joint marketing campaigns with major travel institutions and tour operators, both mainstream and niche. Develops and produces publications and other audiovisual materials (video, images, etc) to promote Greece as a tourism destination. Participates in a significant number of international exhibitions and trade shows around the world (43 exhibitions in 2017, 45 in 2018). Plans and implements international business and consumer events working alongside its global network of trade partners and overseas offices and supports innovative third party initiatives. Develops and undertakes promotional and other initiatives as part of Tourism Years (i.e. Greece-China Tourism Year in 2017, Greece- Russia Tourism Year in 2018). Organizes a wide range of press and fam trips for media and trade representatives as well as popular TV personalities, bloggers and opinion leaders from across the world, in both established and lesser known Greek destinations aiming to boost visitor economy across the country. Works in close co-operation with the regional and local tourist authorities and coordinates their activities and campaigns to ensure the optimization of Greece’s promotion as tourism destination overseas. Undertakes initiatives to boost internal tourism. Develops and implements crisis management plans. Moreover, with its vast experience and expertise and its large network of associates and stakeholders both in Greece and abroad, the GNTO has been and continues to be fundamental in the national effort of promoting "Greece", this truly unique and amazing destination, both cost-effectively and efficiently. It is a member of the World Tourism Organization since 1975. It is a full member of the European Travel Commission. Mr Konstantinos Tsegas, Greek National Tourism Organization Secretary General: Mr Charalampos Karimalis, Chairman of the Board Official site of G.N.T.O.: www.visitgreece.gr

TREASURES OF GREEΚ TOURISM 2019

By its very nature, Western Greece is a compilation of different experiences which – individually and collectively – have an inspiring effect on visitors, combining the discovery of unique destinations with the satisfaction of personal travel desires. As such, Western Greece constitutes a collection of experiences, of inspirations, encapsulated by the “Western Greece Collection. Inspirations” communication platform, where each destination and experience is just that… an inspiration. Western Greece is quickly becoming one of the top tourism destinations in Greece. The emergence new hotel units and new investments in the area have strengthened the local economy and are currently changing the overall profile of economic activity. Administratively, the Region of Western Greece (RWG) is a second level local government (EU NUTS 2 LEVEL). It represents an area of around 700.000 inhabitants, divided in 3 regional divisions (Ilia, Achaia and Aitoloakarnania) and 19 municipalities, while it produces about 5% of the total Gross Domestic Product (GDP) of the country. The Regional Authority of Western Greece counts more than 800 employees, spread in 22 Directorates and 2 Special Services: the Intermediate Managing Authority, which is responsible for the implementation of the Regional Operational Programme, and the Regional Development Fund, which is the funding body of it. The latter also has a special department for the implementation of European projects and other networking activities. Among the strongest points of the Region of Western Greece are its Higher Education and Research Organizations, which have shown exceptionally important research and development (R&D) activities. On various occasions these have led to immensely successful efforts in manufacturing products and provision of services of high quality technology. In addition, the Region of Western Greece presents a medium to satisfactory percentage of innovative enterprises. It is important to mention that RWG achieves a strikingly high percentage in innovative enterprises with regard to services (58.4%). The Regional Operational Programme 2014-2020 of The Region of Western Greece has been structured according to 3 main priorities, due to the Smart Specialization Strategy: ■ Agricultural development and food sector ■ Culture and Tourism ■ Microelectronics and advanced technology

254 Panepistiliou, Bulding B’, 26443, Patra Tel.: +30 2613 613108 Fax: +30 2613 613324 Website: www.pde.gov.gr 52

TREASURES OF GREEΚ TOURISM 2019

FORUM SA

The leading trade show organizer in Greece For more than 30 years, FORUM SA has been leading developments in the field of trade shows & publications. It organizes 8 of the largest and most prestigious exhibitions in Greece, while simultaneously publishing 4 major trade magazines. Since 1988, FORUM SA has come a long way towards the development and expansion of its activities. Its high-quality and wide-circulation magazines have been established as valuable tools for valid and high quality information, and its trade shows are the ultimate meeting and interaction business platform for the professionals of hospitality and food & beverage sectors. The company organizes the following international trade shows: HORECA: The largest, most comprehensive and most targeted trade show in Greece, offering a complete overview of all new equipment and supply products for the wider Foodservice and Hospitality sector. FOOD EXPO: A trade fair of high international standards addressed to the Food and Beverages sector. OENOTELIA: International trade fair aimed at the worldwide promotion of signature Greek wine and spirits. FOODTECH: A trade show targeted at the production, packaging and handling technologies of Food & Drinks. ARΤΟΖΑ: Α large international trade show targeting the bakery, pastry, ice cream and chocolate sectors. ATHENS COFFEE FESTIVAL: The premier festival in Greece dedicated to coffee and its culture. ΧENIA: Xenia is a premium exhibition, exclusively targeted at professionals from the hotel and wider hospitality industry and it is be the most important commercial forum for the tourism industry in Greece. BIO FESTIVAL: The festival that covers the needs of businesses and modern consumers for products based on sustainable and natural production. Moreover, the company publishes 4 professional magazines: A-Z (Bakery-Pastry): With a continuous 27-year presence, tasteful, reliable and featuring in-depth information, A-Z is by far the leading magazine in terms of circulation and readership. It covers all the bakery, pastry and chocolate industry news. SNACK & COFFEE: The only magazine to be mailed to 7,443 companies all over Greece. With its rich content and high quality, Snack & Coffee magazine contributes to the upgrade of the industry’s services. PSITO: With its large circulation and constantly increasing reach in the foodservice companies and meat processing market, it provides the ultimate means of promotion and communication between suppliers and their customers. ΑMBROSIA MAGAZINE: The English speaking magazine, is published twice a year and is one of the most professional and innovative efforts in recent years for promoting Greek Food and Beverages in all major markets around the globe. n

328 Vouliagmenis Ave., 17342 Agios Dimitrios, Greece Tel: +30 210 52 42 100 Fax: +30 210 52 46 581 Website: www.forumsa.gr E-mail: info@forumsa.gr 54

The leading trade show organizer in Greece!

8 international

3.150

310.000

210.000 m

Greek & Int’l Visitors

exhibition area

14,5 million €

4 wide-circulation

trade shows

annual turnover

Greek & Int’l Exhibitors

sector magazines

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CRYSTALIZE:

email: office@skrimizeas.gr

hotels 57

TREASURES OF GREEΚ TOURISM 2019

A survey carried out by NEW TIMES on the course of 610 major hotel businesses in Greece shows an increase in overall profits by 49.1% in 2016. Accordingly, in 2017 (based on balance sheets published up to 16/11/2018), 200 hotel businesses saw their profit rise by as much as 51.6%

Investments and higher profitability for hotel businesses

A major nationwide survey carried out by NEW TIMES shows a significant increase in net profits by Greece’s 610 largest hotel businesses. According to the survey, total net profits reported by the sample companies increased from 83.8 million euros in 2015 to 125 million euros in 2016. Pending the completion of the publication of the 2017 balance sheets, the figures published so far, as well as market participants, verify that profitability growth continued in the year 2017. More specifically, in 2017 (based on balance sheets published by 16/11/2018), 200 hotel businesses posted higher earnings by 51.6%. (The 2017 sample, excludes Porto Carras’ financial results, as they are not comparable).

The higher profitability reported by hotel businesses and accommodation companies in 2017 can be certainly linked to the following: 1. O vernights in Greece jumped from 140.2 million euros in 2010 to 190.4 million euros in 2016, and 209.8 million euros in 2017. 2. T ourism revenue increased from 9.6 billion euros in 2010 to 13.2 billion euros in 2016, and 14.6 billion euros in 2017. 3. T he average spending per tourist ranged from 640 euros in 2010 to 514 euros in 2016, and 522 euros in 2017. 4. The length of stay remained stable at 7.7 days.

In particular, the NEW TIMES study of sample companies’ data shows the following: In 2016, the country’s 610 largest hotel companies managed a total turnover of 2.2 billion euros, up 3.3% year-on-year.

■ ■ ■

Total equity amounted to 4.7 billion euros.

■ ■

Of the 610 companies in the sample, 399 reported profits and 211 losses.

The total liabilities of the 610 companies in the sample increased by 6.2% to 5.2 billion euros.

The 399 profitable companies in the sample saw their turnover rise by 5.5% to 1.55 billion euros. They also reported higher earnings by 51.1% to approx. 252 million euros. They increased their total equity by 2% (to 3.2 billion euros), while their total liabilities amounted to 2.4 billion euros. Overall, the profitable firms in the sample constitute an extremely healthy core in the country’s tourism industry.

■

On the contrary, the 209 loss-making companies in the sample posted steady turnover but higher total losses by 33%. The same companies saw a drop in total equity by 6.7% to 1.22 billion euros, while liabilities increased 2.1% to 2.7 billion euros.

■

Practically, it can be said that the gap between the sector’s profitable and lossmaking businesses is widening, exacerbating the need for radical decisions by the latter. Greece can accommodate 35 million tourists, generating 20 billion euros in revenue Greek tourism appears to be doing particularly well in the current year, as 7-month data show an increase of 15% in air arrivals and a corresponding increase in road arrivals by 1.5%. Similarly, revenues from tourism rose 19%. With regard to the countries of origin of foreign visitors to Greece, arrivals increased from countries such as Austria, Czech Republic, Germany, Denmark, Hungary, the Netherlands, Poland, Italy, Britain, Slovakia, the USA and Turkey. On the contrary, arrivals from Belgium, France, Finland and Sweden recorded a drop. The Association of Greek Tourism Enterprises (SETE) has said that the outlook for Greek tourism in 2017-2021 is especially favorable. SETE also pointed out that Greece could attract 35 million visitors until 2021, with revenue rising to 20 billion euros, from 13.6 billion euros in 2016. However, investments to the order of 5-7 billion euros are needed during this period for 59

TREASURES OF GREEΚ TOURISM 2019

the construction of new 4- and 5-star hotels, as well as for the renovation and upgrading of existing infrastructures, so that the industry may attract high consumer potential visitors and increase revenue per visitor. New investments It is worth noting, however, that there is currently an evident revival of some of the largest tourism investments. Specifically: • An investment plan valued at a total of 250 million euros is being completed by SANI-IKOS, a group of 10 hotel complexes (5 Sani Resorts, 4 Ikos Resorts, and one resort in Spain). The group is headed by Mathieu Guillemin, Andreas Andreadis and Stavros Andreadis. According to reports, two more new hotels on Crete and Rhodes islands will be included in the SANI-IKOS portfolio. The strategy followed by LIBRI (parent company of the independent companies SANI and IKOS) is to add at least one hotel a year to the category of luxury hotels. IKOS Dassia opened its doors in May 2018 on Corfu, while IKOS Kefalos, Kos Island (a 90-million-euro investment) will commence operation in 2019, and Ikos - Costa Del Sol 60

Princess is expected to welcome its first guests in 2020. Notably, it was recently announced that Ikos Andalusia, the first Iberian peninsula luxury resort to be owned by the Sani / Ikos group, will be fully reconstructed under an investment valued at 150 million euros. • An estensive investment project, regarded as a precursor to the “third generation” of hotels, was completed in 2018 by the Grecotel Group. The 42-million-euro program created 630 new jobs, making Grecotel the largest employer in the Greek hotel industry, with a total of 6,100 employees. The Group’s investment program included major overhaul of five luxury hotel complexes in four of the country’s top tourist destinations: major refurbishment of 780 new type rooms; upgrading/ extension of 40 dining venues offering dishes and flavors signed by distinguished chefs; and, remodeling 37 acres of open-space infrastructure. In particular, Nikos Daskalantonakis Group Grecotel’s business plan concerns the renovation and radical upgrading of the luxurious complexes Corfu Imperial Hotel, Daphnila Bay Dassia, Casa Marron (formerly Lakopetra Beach), Pella Beach and Rhodos Royal.

The investment in the five complexes included, among others, the following: In Corfu, full upgrade of the Kommeno Peninsula destination through the “rebirth” of Corfu Imperial Grecotel Exclusive Resort and Daphnila Bay Dassia LUX ME. Extensive renovation work was carried out in 174 rooms, suites and villas, while 7.5-acres of open space were remodeled. Grecotel offers the ultimate culinary experience in Corfu, with its 26 restaurants and bars connecting places, tastes and people; these operate in the company’s 3 hotel complexes (including the Eva Palace) in Kommeno. A total of 200 rooms were renovated in Achaia, in the group’s new 5-star hotel, Casa Marron, while the complex was enriched with 10 restaurants and bars. At the same time, landscaping and remodeling work was carried out to 16.5 acres of open space. Casa Marron emerged from the expansion and full renovation of the former Lakopetra Beach (acquired by the group in 1997), and is the group’s largest investment so far in Achaia. In Halkidiki, the group fully upgraded Pella Beach, as this year 168 rooms and 14 bangalows were renovated and enriched. Work also included landscaping, building two additional swimming pools, and the creation of a strong taste proposal with a new main restaurant. • The investment project Atalanti Hills, amounting to 1.3 billion euros, is currently under way in Fthiotida, Central Greece. A fact worth noting is that more than 5,500 jobs will be created during the resort’s construction and operation. The investment was initiated with the signing of a Presidential Decree (by the ministries of Environment and Energy, and Tourism), which typifies and delineates “Atalanti Hills” as the first Integrated Tourism Development Region (POTA), in a non-seaside area in Greece, in Fthiotida (Exarchos region, Municipality of Lokron). The project includes the construction of three complex tourist lodgings (Notos, Zefyros, Voras [South, Zephyr, North]), with a total capacity of as many as 8,872 beds. The resort, which puts Fthiotida on Greece’s tourist map, features a spa, a cultural village, botanical hills, sports facilities, as well as recreational and commercial uses. Notos (South) will offer 1,300 residences and will be located at the southern edge of the area bordering Lake Copais (or Kopaida). Zephyr is the central part of the project, where 955 dwellings will be developed on elevated sites above a golf course. The Voras (North) resort will be mainly addressed to families with 1,321 residences, in addition to shops, cafes, restaurants and sports grounds. 61

TREASURES OF GREEΚ TOURISM 2019

• In Argolida (Peloponnese), Kilada Hills is a 418-million-euro investment plan to build a holidaytourist village. • Travel and leisure giant Minoan Group (together with subsidiary Loyalward Ltd.) has been given the long-awaited green light (from courts) to go ahead with its investment plan to construct what has been named “the largest investment on Crete”, the Itanos Gaia. The luxury, 5.5-acre, five-star holiday resort in northeastern Sitia (Lasithi), will feature some 1,936 beds, is valued at 267.7 million euros and is envisaged to be a landmark of sustainable tourism. • A number of impressive new investments have also been announced in recent months, with the most outstanding being a major TUI investment program, focusing on building new hotel complexes. Germany’s leading tourism group, and among the world’s top, recently announced some new large investments in Greece, in addition to the 32 hotels it already operates in the country, boasting a total of 8,500 rooms. In a recent interview, TUI Group CEO Friedrich Joussen referred to the firm’s both 62

short- and long-term plans, noting that he had full support by Greece’s Ministry of Tourism. The TUI head announced the creation of 10 new hotels in the course of the next few years. These will include some to be built from scratch and some to be acquired. In any case, the group will help add a number of highly sought-after new jobs in the country’s labor market. Of the 32 hotels in TUI’s Greek portfolio, some are fully-owned by the group and some operate under holding partnerships. The German tourist group is also interested in developing hotel activities in other tourist destinations in mainland Greece, although its CEO noted that “our base is the islands”. • An investment program valued at 100 million euros is currently being implemented by Mitsis Hotels, to fully upgrade the firm’s 17 complexes and the quality of services offered by 2021. Even before the start of the 2018 season, the group had already spent 25 million euros in its flagship resorts Norida Beach Hotel (Kos), Rinela Beach Resort & Spa (Crete) and Rodos Village Beach Hotel & Spa (Rhodes).

Businesses • The top place in the 2016 list of the most profitable companies was taken by TEMES SA, The firm, headed by Mr Achilleas Konstantakopoulos, manages the Costa Navarino complex, and its operation in Messenia has helped place the region on the world tourist map. The facility, apart from its luxurious lodgings, is becoming a world-class high-income golf

destination. A major importance partner in the company’s broader strategy is the Olayan Group, one of the most powerful investment groups internationally, with presence in Greece for 30 years and holdings in many Greek companies. The Olayan Group entered Costa Navarino in 2014 as the fourth equal shareholder, with all three existing shareholders being members of the Konstantakopoulos family. Costa Navarino’s immediate plans include the development of three hotels and two signature golf courses (36-hole and 18-hole), as well as high-quality real estate for sale. The second phase of Costa Navarino’s expansion is an investment valued at 250 million euros and includes, among other things, the construction of seaside luxury residences Navarino Residences. According to tourism industry analysts, the Costa Navarino complex has been a catalyst for the region, promoting it as a fine tourist destination. • Mitsis Hotels SA saw its income jump 17% to 119.7 million euros in 2017, with a fivefold increase in pre-tax and pre-interest earnings to 63

TREASURES OF GREEΚ TOURISM 2019

11.14 million euros from 2.1 million euros a year earlier. The firm consolidates the results of all 17 hotels it runs in Rhodes, Kos, Attica, Crete and Kamena Vourla, to provide an overall picture of the group’s finances. Mitsis Hotels, run by Mr Stavros Mitsis, assisted by Mrs Evgenia Mitsi and Mrs Christina Mitsi, has a portfolio of 17 hotels boasting a total of 5,440 rooms, with 2.5 million overnights by 350,000 visitors per year. The firm employs some 4,000 employees and its summer months occupancy rate is 97%. A new era for the Mitsis Hotels management is marked by a return to net profitability and a settlement of all loan liabilities, coupled with the overall upgrading of the services offered in the last few years. In Mistis Hotels’ consolidated balance sheet, the value of the group’s hotel property is reported at 306.85 million euros, while long-term bank loans at the end of 2017 were at 70.3 million euros and short-term loans at 11.4 million euros, all serviced and with significant guarantees to creditor banks. At a time when tourism is changing rapidly, Mitsis Hotels grows in line with international developments, upgrading services and the product offered, adopting innovative practices and investing in infrastructure and human resources. • Louis Hotels, controlled by Mr Costakis Loizou, was Greece’s second most profitable company in the tourism sector in 2017. The company, member of a larger group of tourism companies, which also operates in the cruise sector, saw its income rise by 3.4% to 46.8 million euros, while profit jumped 68.9% to 7.1 million euros. The group, currently preparing major new investments, has been active in Greece’s hotel industry since 1992, and today manages nine hotels, seven of which are privately-owned. The group continuously pursues its investment program in selected areas and specialized products. • Lampsa SA, which runs the central Athens Syntagma Square hotels Great Britain, King George (and shortly) King’s Palace, as well as the Sheraton Rhodes Resort (Rhodes) and the Hyatt Regency (Belgrade), appears to be doing really well. The company, controlled by shipowner Athanasios Laskaridis, reported an income rise of 1.5% to 42 million euros, with profit up 10% to 5.7 million euros. The owner of the business has recently received an honorable 64

mention by the Mayor of Athens because, among other things, contributed to the effort to renovate Athens’ central Syntagma Square. Laskaridis’ next business moves would greatly help the effort to upgrade the historic square of the Greek capital. • Among the most profitable companies is FAIAX, part of Nikos Daskalantonakis-Grecotel Group. The firm, headed by Mrs Marie Daskalandonakis, posted an increase in sales by 1.5% to 48 million euros, with profit skyrocketing 41.6% to 5.4 million euros. Notably, Grecotel owns a portfolio of 32 luxurious hotel complexes, strategically boosting the dynamics of 12 destinations in Greece, occupying a total coastline of 15,000 m, 10 conference venues with a total of 60 meeting rooms of an area of 11,500 sqm, as well as 12,500 beds to accommodate as many as 320,000 visitors from more than 150 countries. The complex also features three thalassotherapy centers of a total area of 6,500 sqm, 200 restaurants, bars and staff restaurants, giving gastronomic goodwill and power to the domestic offered tourist product. • H Collection Hotels is a business moving steadily along an upward trajectory, controlled by businessman Ioannis Hatzilazarou. With profits in the order of 5.2 million euros, Hatzilasarou I. SA (one of the group’s companies) ranked fifth among the most profitable hotel companies in Greece in 2016. In fact, the Group’s total profitability is in the order of 10 million euros, a profit combined with on-going investment. The imposing Mayia Exclusive Resort & Spa, the group’s latest acquisition, opened its doors in July 2016, in an idyllic location on the southeastern coast of Rhodes, Kiotari, with a blue Aegean background to offer a complete premium allinclusive holiday program, exclusively designed for adults and couples. The new complex is an addition to the five other H Collection Hotels, of a total capacity of more than 1,600 rooms: Rodos Princess, Princess Sun, Lindos Princess Beach Hotel, Princess Andriana Resort & Spa, and Boutique 5. The opening of the new hotel complex coincides with the group’s celebration of its 25th anniversary. The exquisite architecture of the Mayia Exclusive Resort & Spa allows it to have a wonderful view of the sea almost from all rooms, offering an unlimited 180° view that especially impresses visitors. • Another Rhodian hotel business, ESPERIA Group, ranks among the top places of profitability, as the firm saw profit jump 23% to 4.6 million euros. The group, run by Mr Ioannis Vasilakis, has been operating in the tourism 65

TREASURES OF GREEΚ TOURISM 2019

business since 1969 with the Rhodes town central hotel ESPERIA. Today, the firm owns a portfolio of seven hotel complexes on Rhodes, six of which are located on the east coast of the island, in Kallithea: Esperos Palace Resort, Esperos Mare Resort, Esperos Blue Village & Spa, Esperides Beach Family Resort, Epsilon Ammades Apartments and Esperia in the town of Rhodes. In addition to its Water Park, a magical place full of fun and adventures, Esperia Group also offers a range of exclusive services for weddings, banquets, etc. • Enjoying an explosive 130% increase in profitability, Caravel Hotels SA posted earnings of 4.5 million euros. The 60-year-old Divanis group is undoubtedly one of the country’s most powerful tourism groups, continuing to play its starring role in the hotel industry. It was back

in 1958, when Aristotle Divanis, following the advice of the then prime minister Konstantinos Karamanlis for tourism and hospitality, went ahead with opening his first hotel in Trikala, Thessaly. In fact, it was considered a particularly innovative project back then as each of the establishment’s 65 rooms had its own bathroom! Today, six decades later, the group, controlled and managed by Mr Spyros Divanis, owns 7 hotels, each with its own distinct style: four in Athens (Divani Caravel, Divani Apollon Suites, Divani Apollon Palace & Thalasso, and Divani Palace Acropolis), one in Kalambaka (Divani Meteora), one in Larissa (Divani Palace Larissa) and one in Corfu (Divani Corfu). 66

• Hotel company Electra SA reported sales of 10 million euros and profits of 3.8 million euros, but the consolidated turnover of the group of five Electra Hotels, controlled by Messrs Ioannis Retsos, Alkis Svyriadis and Gerasimos Fokas, is up to 44 million euros. The group’s hotel portfolio includes: Electra Palace Athens, Electra Athens, Electra Metropolis Athens, Electra Palace Thessaloniki and Electra Palace Rhodes. A most recent investment by the group, valued at 20 million euros, was transforming a building formerly occupied by the Ministry of Education, into one of central Athens’ jewels, located within the Greek capital’s historical centre. The Electra Metropolis Athens opened its doors in September 2016, and is the third hotel the firm operates within Athens’ historical centre. The group’s shareholders continue to make significant investments in existing hotels, with plans including a major investment in Rhodes to expand and renovate the 40-year-old Electra Palace Rhodes. Most of the firm’s investments are self-financed, allowing for a low borrowing level. • Caldera group of companies is among Greece’s best hotel businesses, founded by Eftychis Krommidakis, and run by Mrs Stamatia BorakiKrommidakis, Yannis Krommidakis and Stelios Krommidakis. Hotel activities account for the firm’s largest part of revenue, as the group currently owns six hotel complexes. In addition, the company owns a significant number of properties in Chania (Gerani, Tavronitis, Hilario, Lentariana, Platanias [7 luxury villas], Ano Agia Marina, Souda, Akrotiri Stavros) and Heraklion (Hersonissos). With a clear investment strategy mainly in the tourism sector, the Caldera Group offers a capacity of over 3,500 beds in Chania and 1,150 beds in Heraklion. The group has gained a strong momentum, as in addition to other tourism markets, it serves more than 70% of the Nordic market through a deal with TUI Nordic. • President Hotel, in Ampelokipi, retains its prominent status on Athens’ hotel map. The hotel, run by listed company GEKE, enjoys an average occupancy rate of 70%, which pushed profitability higher in 2017. Specifically, earnings before taxes in 2017 rose to 3.57 million euros compared to pre-tax profits of 2.75 million euros a year earlier. • Konstantinos Dimitrokalis’ Santorini-based KD HOTELS appears to be doing quite well. The group in recent years has been on a continuous growth path, combining high profitability with investment. The group’s portfolio includes the following hotels: El Greco Resort & Spa and Lotus Spa (Fira), Santorini Palace Hotel, Belvedere Suites and Cliff Side Suites (Firostefani), Costa Grand Resort and 67

TREASURES OF GREEΚ TOURISM 2019

FINANCIAL RESULTS OF HOTEL companies IN GREECE - 2016/2017 No

NAME

TURNOVER 2016

TURNOVER 2017

CHANGE

PRE TAX PROFIT 2016

PRE TAX PROFIT 2017

CHANGE

1 PORTO CARRAS SA

27,251,711

20,334,107

-25%

-4,519,964

47,797,071

2 LAMPSA HELLENIC HOTELS SA

42,072,000

50,506,000

20%

5,751,000

10,843,000

89%

3 LUIS HOTELS S.A.

46,833,974

42,620,624

-9%

7,096,066

8,579,892

21%

4 CARAVEL HOTELS SA

30,667,059

35,783,833

17%

4,498,803

5,845,397

30%

5 ESPERIA GROUP SA

29,951,679

35,486,015

18%

4,556,328

5,629,218

24%

6 DAIDALOS SA

13,622,293

14,496,665

2,084,212

4,790,181

130%

7 ATRIUM PALACE S.A.

17,406,631

18,411,413

2,098,606

4,439,526

112%

8 SANI RESORT SA

65,541,101

81,712,162

25%

10,023,801

4,413,705

-56%

9 ELECTRA HOTEL & RESORTS S.A

9,947,534

10,075,059

3,845,053

4,281,942

11%

10 SUNWING HOTELS HELLAS S.A.

17,472,792

18,284,758

3,835,785

4,256,816

11%

11 IKOS OLIVIA S.A.

19,852,125

22,201,363

12%

1,565,195

4,156,464

166%

12 HELLENIC TOUR. & HOTEL ENTERPRISES OF CRETE SA ''APOLLONIA''

12,118,240

13,921,871

15%

2,350,917

3,771,718

60%

13 ELECTRA S.A.

10,829,849

12,037,392

11%

2,967,410

3,643,014

23%

14 GΕΚΕ SA - PRESIDENT HOTEL

9,151,562

10,076,717

10%

2,748,606

3,570,897

30%

15 THE MARGI S.A.

6,636,405

8,475,276

28%

2,347,982

3,318,570

41%

16 REXEKA S.A.

9,753,975

10,830,628

11%

2,250,380

3,041,058

35%

17 DIMITROKALIS Κ. S.A.

5,952,916

6,319,306

2,458,707

2,923,179

19%

18 AKTES AIGAIOU - AEGEAN AXES SA - CAVO TAGOO

9,509,867

11,365,594

20%

1,164,757

2,774,907

138%

10,948,548

11,707,653

2,081,861

2,599,760

25%

19 NIKA S.A. 20 ANAPTYXI AIGAIOU S.A.

7,837,939

9,103,418

16%

759,444

2,566,612

238%

12,870,737

14,128,863

10%

1,809,582

2,529,960

40%

22 MARE NOSTRUM S.A.

7,212,800

8,167,294

13%

1,956,184

2,451,035

25%

23 ELECTRA HOTELS S.A.

6,090,716

7,698,715

26%

1,048,605

2,316,062

121%

21 MARBELLA S.A.

24 PRESIDENTIAL S.A.

8,517,775

9,547,076

12%

1,196,294

2,290,955

92%

25 DIVANI ACROPOLIS S.A.

7,811,619

8,292,843

1,444,098

2,246,152

56%

17,059,977

19,009,289

11%

975,543

2,100,003

115%

26 ATHENS AIRPORT HOTEL COMPANY S.A. (SOFITEL) 27 GIANNIKAKIS S. S.A.

9,431,448

11,196,797

19%

1,113,605

2,091,668

88%

28 DIVANIS HOTELS S.A.

2,092,287

2,434,064

16%

1,286,090

1,863,376

45%

29 AIGAION S.A.

7,197,549

8,028,190

12%

1,412,541

1,849,209

31%

30 Ε. DONTA S.A.

4,333,326

4,815,695

11%

1,855,461

1,741,597

-6%

31 KIANI AKTI S.A.

6,854,880

7,856,750

15%

1,142,105

1,730,856

52%

10,807,901

13,495,166

25%

-576,968

1,591,070

32 THOLARI S.A. 33 FILOXENIA S.A.

8,105,594

8,698,177

1,545,582

1,332,963

-14%

34 G&E KARAMOLEGOS GROUP OF HOTELS S.A.

4,747,962

5,432,948

14%

859,133

1,289,203

50%

35 ATEX S.A.

2,691,294

2,841,524

1,173,993

1,288,963

10%

36 CLUB MYKONOS S.A.

7,821,954

10,503,472

34%

385,990

1,252,516

224%

37 MANTZAVELAKIS A. S.A.

6,222,537

6,824,729

10%

736,196

1,230,117

67%

38 GIOMA S.A. (AEGEAN PLAZA SANTORINI)

2,253,887

2,400,612

1,257,364

1,190,492

-5%

39 MOUROUZIS S.A.

3,803,406

4,097,107

899,674

1,112,074

24%

40 WHITE ROCKS S.A.

3,729,007

4,008,260

-218,758

1,018,721

41 LEISURE HOTELS S.A.

1,668,337

2,035,679

22%

862,526

995,241

15%

3,853,504

-410,210

982,668

2,330,262

3,326,059

43%

816,368

906,638

11%

16,759,328

16,596,648

-1%

2,913,635

894,312

-69%

42 ARINA SAND S.A. 43 PITOULIS S.A. 44 KROMIDAKIS SA 68

NAME

45 MACEDONIAN HOTELS S.A. (CITY HOTEL) 46 ZITA PALACE S.A. 47 DOUROS K. S.A.

TURNOVER 2016

TURNOVER 2017

CHANGE

PRE TAX PROFIT 2016

PRE TAX PROFIT 2017

CHANGE

4,888,226

5,191,902

739,040

840,832

14%

684,964

1,746,260

155%

-47,720

794,650

1,522,899

1,748,030

15%

452,154

720,656

59%

48 ATHENS HOLIDAYS S.A.

3,968,498

5,034,215

27%

557,984

708,579

27%

49 TSIMIDOPOULOS M. S.A.

3,607,405

3,916,509

631,093

672,794

50 IONIAN HOTEL ENTERPRISES S.A

29,021,000

32,158,000

11%

522,000

666,000

28%

51 TOXOTIS S.A.

16,419,502

17,303,538

431,075

640,913

49%

52 CHALKIDIKI TOURISM ENTERPRISES S.A.

8,112,274

10,580,087

30%

509,130

640,777

26%

53 ΤΙΤΑΝΙΑ S.A.

9,571,384

10,738,446

12%

315,156

605,155

92%

14,872,662

14,346,192

-4%

81,359

604,974

644%

54 PEGAS HELLAS S.A. 55 ΕΤΑΚ Σ.Α. 56 MOURAYIO S.A. 57 PATERAKIS Ι. S.A.

3,671,158

3,970,224

518,435

601,202

16%

13,500,512

15,362,655

14%

-636,598

506,537

6,774,672

6,919,244

-26,703

503,061

58 HOTEL BRAIN CAPITAL S.A.

6,420,696

13,222,350

106%

468,853

470,863

59 DELFINA BEACH S.A.

1,870,228

1,975,169

267,348

465,896

74%

60 NOVOTEL ATHENS S.A.

5,164,705

5,828,605

13%

1,813

458,952

25215%

61 NEILSON HELLAS SA.

9,656,627

13,701,495

42%

-96,625

450,586

62 PYTHAGOREION S.A.

2,252,294

2,719,456

21%

439,799

440,770

992,080

864,413

-13%

524,651

438,386

-16%

63 PAPAGEORGIOU BROS S.A. 64 KARANASIOU L. SOLE SHAREHOLDER CO. LTD

1,999,001

2,229,016

12%

396,651

433,325

65 GIAMA S. BROS S.A.

3,039,862

3,066,508

469,802

427,423

-9%

66 Ε.Τ.Α. S.A. (DIVANI COLLECTIONS HOTELS)

1,818,706

2,043,529

12%

238,930

402,792

69%

67 TSEPETI S.&M. S.A.

1,321,036

1,382,604

403,196

400,055

-1%

68 SFAKIA S.A.

1,923,662

2,236,799

16%

343,862

391,963

14%

69 ATHENIAN CALLIRHOE S.A.

2,055,427

2,295,071

12%

186,117

357,511

92%

70 MELISSA E. KALLIANTAS & SONS S.A.

2,259,148

2,554,873

13%

351,745

356,303

71 CAMELOT S.A. 72 ARETOUSA S.A. 73 FYSKO S.A. 74 HATZIKONSTANTINOU BROS S.A. 75 ATHENSTYLE BEDS SUITES & BAR LTD. 76 MINOIKI AKTI S.A.

844,180

983,859

17%

290,806

341,886

18%

1,481,260

1,619,388

342,850

337,484

-2%

916,274

918,868

305,535

337,433

10%

2,491,311

2,709,003

224,153

336,024

50%

591,479

780,848

32%

163,995

306,790

87%

1,233,714

1,349,980

244,438

282,397

16%

77 KALAMATA HOTEL COMPANY S.A. (PHARAE PALACE)

1,340,364

1,454,757

134,045

254,959

90%

78 VOUTSINOS I. S.A.

1,529,551

1,597,404

92,046

243,570

165%

740,610

816,160

10%

35,956

229,072

537%

79 BELLOS S.A. 80 GEORGIDAKIS K. BROS S.A. (KING MINOS HOTEL)

731,028

964,167

32%

169,279

227,450

34%

81 ATTIKOS OURANOS S.A. (ATHENS ZAFOLIA HOTEL)

3,114,458

3,767,449

21%

-36,596

216,794

82 KOLLFAM S.A.

3,036,619

2,562,460

-16%

595,137

211,159

-65%

83 SIRINA S.A.

1,344,409

1,506,598

12%

-176,356

207,807

84 PATRIARCHEAS MESSINIAN BAY S.A.

861,335

936,751

129,535

189,569

46%

85 HOTEL ENTERPRISES EL GRECO LTD.

626,257

638,646

147,790

185,071

25%

4,008,937

4,079,940

656,602

184,774

-72%

954,987

1,067,537

12%

11,229

181,890

1520%

12,830,489

12,632,162

-2%

-331,853

171,069

86 POSIDON S.A. 87 AMPHITRYON S.A. - SAVOY HOTEL 88 GRECOTEL S.A.

TREASURES OF GREEΚ TOURISM 2019

NAME

TURNOVER 2016

TURNOVER 2017

CHANGE

PRE TAX PROFIT 2016

PRE TAX PROFIT 2017

CHANGE

89 COASTAL CLUB S.A.

2,211,691

3,326,985

50%

9,277

168,432

1716%

90 ANDRONIKOS EMM. S.A.

1,882,474

2,277,009

21%

253,858

163,774

-35%

91 ΑΚΤΕ S.A.

1,065,240

1,245,057

17%

135,479

159,904

18%

914,683

963,453

173,945

151,152

-13%

92 SKOPELOS VILLAGE S.A. 93 NEFELI S.A.

667,896

808,678

21%

56,188

147,268

162%

94 DOURIDAS A. S.A.

1,155,502

1,223,490

127,053

145,518

15%

95 GEE DEE'S S.A.

2,554,942

2,692,694

-124,083

137,083

96 PANELENI S.A.

3,238,297

3,426,263

-258,210

136,088

97 PAPADOGIANNIS EMM. S.A.

1,208,188

1,439,333

19%

-38,592

134,297

98 CAVALIERI LTD.

1,138,528

1,202,950

211,251

129,030

-39%

99 ILISSOS CONSTRUCTIONS S.A.

565,885

1,718,557

204%

-546,237

112,781

100 DALAS S.A.

409,276

434,031

145,326

112,698

-22%

101 CHRISTINA S.A.

592,098

591,856

-0%

159,379

110,069

-31%

102 TZOANOS I. S.A.

1,782,666

2,119,482

19%

69,146

104,656

51%

103 ELPIDA S.A.

2,043,697

2,439,134

19%

67,737

102,902

52%

104 KAVOS S.A.

448,398

555,194

24%

65,629

96,267

47%

105 DROUZAS I. S.A.

521,864

559,333

100,439

96,015

-4%

106 ECONOMOU E. S.A.

529,666

554,273

90,723

87,598

-3%

1,829,193

1,421,682

-22%

-314,524

85,933

24,584

259,461

955%

77,449

83,130

109 PAN.EF.AN. S.A.

513,636

473,631

-8%

102,247

82,417

-19%

110 KOTRETSOS A. S.A.

465,078

549,284

18%

32,421

79,233

144%

111 PARK S.A.

700,336

734,912

114,254

79,144

-31%

107 ELLINIKAI AKTAI S.A. 108 PRINCESS OF MYKONOS S.A.

112 SAMARIDOY Μ. S.A.

373,384

419,621

12%

62,933

77,376

23%

113 ATHINAIS S.A.

1,467,059

1,487,835

80,797

74,643

-8%

114 OLYMPIC S.A.

633,136

591,248

-7%

95,094

69,370

-27%

115 KALDIS BROS S.A.

1,410,291

1,503,559

135,844

62,698

-54%

116 ADONIS S.A.

503,353

610,443

21%

14,235

58,589

312%

117 XYDAS-GARDEN S.A.

505,081

584,924

16%

12,927

56,379

336%

118 SARANTIS I. S.A.

3,736,885

3,952,004

851,550

54,137

-94%

119 KYRLAGITSIS Ι. S.A.

460,286

433,508

-6%

68,436

50,156

-27%

120 YIANNOUTSOS ST. S.A.

514,585

581,810

13%

4,734

50,032

957%

121 CHATZIYIANNOGLOU I. S.A. (PLOTINI)

618,289

684,482

11%

981

49,888

4985%

122 PALLADION S.A.

725,651

880,334

21%

12,372

48,917

295%

123 PROÏMOS K. S.A.

492,286

597,605

21%

70,071

47,638

-32%

124 MATI S.A.

424,346

397,635

-6%

29,394

46,851

59%

125 IOANNIDIS Ν. S.A.

334,764

306,203

-9%

85,411

46,369

-46%

126 HELIOTROPE S.A.

680,712

511,173

-25%

194,183

37,514

-81%

127 SOPASOUDAKIS BROS S.A.

816,424

856,148

12,147

37,286

207%

128 NAXOS ( LAGOS MARE ) S.A.

408,012

521,466

28%

31,307

37,156

19%

129 ANTONIS MOUTZOURIS TOURISM ENTERPRISES S.A.

873,275

933,185

-37,492

36,441

130 IGNATIA S.A.

401,115

476,716

19%

18,297

36,200

98%

131 GOLONGINAS - PANAGIOTOU S.A.

559,085

583,237

-137,463

32,556

132 NEOKLASIKI S.A.

499,047

548,511

10%

29,227

32,466

11%

NAME

TURNOVER 2016

TURNOVER 2017

PRE TAX PROFIT 2016

CHANGE

PRE TAX PROFIT 2017

CHANGE

133 THASOS HOTEL & TOURISM ENTERPRISES S.A.

603,259

710,343

18%

45,073

29,425

-35%

134 HELIOTROPE II S.A.

861,823

948,082

10%

26,702

29,289

10%

135 DIONI HOTEL S.A.

243,155

276,942

14%

16,961

28,194

66%

136 PARADISE ART HOTEL S.A.

198,346

257,716

30%

29,516

24,662

-16%

137 VATIS D. S.A.

226,744

368,455

62%

-22,573

24,083

1,970,025

2,047,964

13,338

23,075

73%

139 ALMA S.A.

507,069

530,448

172,761

22,948

-87%

140 DIOSKOURI SOLE SHAREHOLDER LDT.

918,768

1,010,407

10%

11,147

12,646

13%

141 IOSIFIDIS V. - TSINGIROPOULOS D. LTD. (ARISTI MOUNTAIN RESORT)

666,967

740,749

11%

53,169

12,587

-76%

142 ARKADI S.A.

280,346

356,893

27%

-44,750

11,676

143 LIBERTY HOTEL S.A.

349,842

346,766

-1%

1,540

10,923

609%

144 TSOUMPAKOU IREN. "THEOFILOS" S.A.

167,061

356,198

113%

-186,352

-1,399

-99%

145 PAROS BAY S.A.

568,959

717,548

26%

-34,040

-2,530

-93%

146 HAIKOS S.A.

536,981

468,699

-13%

56,045

-3,190

147 VOTZIS SP. S.A.

388,498

398,938

8,048

-6,520

148 VOGIATZAKIS ST.G. S.A.

132,512

240,498

81%

-45,106

-10,438

-77%

1,734,189

1,877,838

321,099

-16,596

138 MALIAS Ν. S.A.

149 MINOS MARE S.A 150 PAPPAS S.A.

810,645

855,386

3,235

-19,185

151 TSELIKAS S.A.

240,782

243,687

-13,756

-21,163

54%

152 ELIADOU N.&M. S.A.

518,873

524,459

5,622

-21,599

153 FLOROS S.A.

702,060

775,517

10%

117,144

-24,018

154 T.O.E. S.A.

623,068

743,636

19%

-29,360

-24,096

-18%

155 PREVEZA CITY S.A.

324,997

372,594

15%

54,282

-25,388

156 PARK HOTEL S.A.

121,160

137,462

13%

-21,656

-26,176

21%

157 SIKYON BEACH S.A.

840,824

779,728

-7%

66,911

-31,232

1,703,575

1,857,403

-443,222

-32,623

-93%

158 GONTORAS A.&S. S.A. 159 PORTO RIO S.A.

539,747

-91,727

-34,290

-63%

160 VICTORIA S.A.

1,403,282

2,605,027

86%

60,870

-35,883

161 PANELLINIOS ETAIRIA S.A.

1,277,228

1,476,683

16%

-283,423

-47,604

-83%

162 NATSIS BROS S.A.

2,575,976

2,565,447

-0%

-56,110

-59,173

163 REA S.A.

4,710,147

5,163,852

10%

-198,536

-59,978

-70%

164 TZIOLIS ALEXANDROS SOLE SHAREHOLDER LTD.

567,401

654,665

15%

-139,666

-63,622

-54%

165 FOINIKAS KYKLADES S.A.

572,993

643,601

12%

-180,516

-66,653

-63%

166 HYDRA BEACH S.A.

4,692,149

5,360,201

14%

-113,535

-72,186

-36%

167 ACHILLION S.A.

157,921

157,388

-0%

-85,088

-75,337

-11%

168 VIALAND S.A.

755,420

778,166

-156,070

-77,941

-50%

169 MANIATIS HOTELS S.A.

922,462

1,018,793

10%

-127,196

-89,339

-30%

170 APOSTOLAKIS A. S.A.

134,822

134,051

-1%

-19,580

-102,806

425%

171 DESPOTIKO S.A.

474,895

450,686

-5%

-384,767

-107,330

-72%

1,292,854

1,346,807

-110,898

-108,686

-2%

725,577

792,529

44,593

-112,109

2,764,095

3,037,280

10%

-63,144

-114,019

81%

172 IRA S.A. 173 MYKONOS BEACH HOTEL S.A. 174 GALINI S.A. 175 AIGAIO CORAL S.A.

1,374,522

486,421

-65%

524,964

-119,615

176 BARMBAGIANNIS S.A. GRAND FOREST METSOVO

1,595,371

1,860,979

17%

-381,622

-121,296

-68% 71

TREASURES OF GREEΚ TOURISM 2019

NAME

177 XENIA ANAPLASI S.A. 178 BLUE DREAM PALACE S.A.

TURNOVER 2016

TURNOVER 2017

PRE TAX PROFIT 2016

CHANGE

PRE TAX PROFIT 2017

CHANGE

606,401

683,293

13%

-211,388

-135,184

-36%

799,989

1,097,546

37%

-234,094

-138,246

-41%

179 DIVANI LARISA S.A.

1,115,000

1,171,394

-191,170

-147,208

-23%

180 AKTI LAGOUDAKI S.A.

2,035,264

2,185,783

24,362

-162,634

181 XENIOS S.A.

866,628

913,137

-184,341

-175,178

-5%

182 ARKADIKI CONSTRUCTION S.A.

657,544

348,772

-180,160

183 THEODOROU K. - CHATZIDAKIS K. LTD.

806,769

955,344

18%

-500,130

-189,038

-62%

184 PORTOCHELI HOTEL & MARINE S.A.

2,472,942

448,411

-82%

-2,991,840

-192,240

-94%

185 FENIX SA

2,238,584

2,351,038

206,052

-195,907

810,494

777,248

-4%

-263,383

-200,980

-24%

186 ELISSO HOTEL-TOURISM ENTERPRISES S.A. 187 MARGARONA S.A.

708,341

931,967

32%

-379,597

-223,231

-41%

188 THERMISIA S.A.

1,979,780

2,084,758

-156,782

-238,991

52%

189 ELIES S.A.

1,458,569

1,662,316

14%

-496,281

-243,185

-51%

190 XENODOCHEIAKI TRIKALON S.A.

563,506

324,996

-42%

-226,816

-276,065

22%

191 GEORGIOPOULOS M. S.A.

516,632

532,354

-243,684

-285,299

17%

192 MITSIS K. S.A.

7,443,571

9,204,276

24%

-1,049,431

-302,130

-71%

193 BEACH HOTELS S.A.

3,577,213

3,754,168

-571,455

-401,683

-30%

2,416,793

2,796,313

16%

-1,115,935

-417,981

-63%

194

VRACHATI HOTEL & TOURISM ENTERPRISES S.A. (ALKYON RESORT HOTEL & SPA)

195 SMAROPOULOS S. S.A.

1,887,702

1,723,250

-9%

37,516

-433,348

196 OLYMPMAR S.A.

1,635,405

1,801,282

10%

-426,303

-442,219

825,676

-541,876

-466,278

-14%

197 PORTO MYRINA PALACE S.A. 198 TAKOPOULOI Α. BROS S.A. 199 AIROTEL SA 200 OLYMPION HOTELS S.A. 201 PLEPI BEACH S.A.

257,683

198,289

-23%

-493,987

-473,413

-4%

8,318,856

8,784,504

-406,576

-613,419

51%

12,472,657

13,700,197

10%

-870,987

-649,864

-25%

133,460

131,149

-2%

-1,119,159

-774,088

-31%

202 ANOSTRO S.A.

1,822,891

1,445,321

-21%

-159,524

-965,547

505%

203 CHRISTOPOULOS BROS S.A.

3,985,774

4,060,618

-1,636,781

-1,068,198

-35%

204 AKTI ARIADNI S.A.

6,724,008

7,181,341

-2,331,058

-1,234,919

-47%

205 ΠΟΣΕΙΔΩΝ Α.Ε.

1,003,161

24,346

877,009

-723,398

206 ΑΝΑΝΤΙ Α.Ε.

Source: New Times

TREASURES OF GREEΚ TOURISM 2019

FINANCIAL RESULTS of HOTEL companies in greece 2015-2016 No

Name

Turnover 2015

Turnover 2016

Change (%)

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

1 ΤEMES S.A.

43,502,881

42,726,125

-2%

-13,408,228

20,001,306

2 CLUB MEDITERRANEE HELLAS S.A.

13,103,706

13,020,242

-1%

-830,389

11,832,428

3 SANI S.A.

59,815,652

65,541,101

10%

4,453,392

10,023,801

125%

4 LOUIS HOTELS S.A.

45,294,506

46,833,974

4,200,956

7,096,066

69%

5 LAMPSA HELLENIC HOTELS S.A.

41,443,000

42,072,000

5,212,000

5,751,000

10%

6 FAIAX S.A.

47,346,954

48,049,189

3,784,690

5,359,793

42%

7 CHATZILAZAROU I. S.A.

17,899,633

18,032,705

6,085,833

5,185,168

-15%

8 ESPERIA GROUP

28,627,266

29,951,679

3,711,984

4,556,328

23%

9 CARAVEL HOTELS S.A.

28,057,423

30,667,059

1,957,065

4,498,803

130%

9,769,500

9,947,534

4,000,660

3,845,053

-4%

11 SUNWING HOTELS HELLAS S.A.

18,251,995

17,472,792

-4%

2,756,346

3,835,785

39%

12 ASTERAS S.A.

14,524,851

14,053,651

-3%

3,813,925

3,444,955

-10%

13 ELECTRA S.A.

10,383,780

10,829,849

2,561,925

2,967,410

16%

14 CROMYDAKIS E. S.A.

10 ELECTRA HOTELS AND RESORTS S.A.

13,578,882

16,759,328

23%

63,687

2,913,635

4475%

15 GEKE S.A. (PRESIDENT HOTEL)

9,541,263

9,151,562

-4%

3,768,320

2,748,606

-27%

16 ASTIR S.A.

6,534,932

5,735,881

-12%

3,232,620

2,658,685

-18%

17 DIMITROKALIS K. S.A.

5,669,389

5,952,916

2,467,624

2,458,707

-0%

11,957,522

11,643,736

-3%

2,478,376

2,384,748

-4%

5,594,575

6,773,859

21%

626,716

2,363,593

277%

11,114,061

12,118,240

2,671,988

2,350,917

-12%

21 THE MARGI S.A.

5,455,585

6,636,405

22%

1,492,906

2,347,982

57%

22 VOLCANO VIEW HOTEL S.A.

6,243,197

6,855,647

10%

2,446,956

2,305,636

-6%

23 REXEKA S.A.

9,265,981

9,753,975

1,863,147

2,250,380

21%

24 SEVEN STARS S.A. ( ΜΕΤΑ S.A.)

15,110,622

16,518,131

1,959,497

2,234,633

14%

25 XENOS CHR. S.A.

18 SOSIMEX S.A. 19 ZEUS S.A. 20 APOLLONIA - HELLENIC TOURISM & HOTEL ENTERPRISES OF CRETE S.A.

11,528,913

13,151,542

14%

1,150,908

2,230,141

94%

26 VANTARIS S.A.

6,578,648

7,636,351

16%

1,601,542

2,229,973

39%

27 ACHINOPODI S.A.

6,741,162

7,007,071

3,022,563

2,170,936

-28%

28 PORTES MELATHRON S.A.

12,011,966

13,087,001

2,036,200

2,137,629

29 ATRIUM PALACE S.A.

17,572,291

17,406,631

-1%

3,649,121

2,098,606

-42%

30 DAEDALUS S.A.

13,687,643

13,622,293

-0%

1,858,805

2,084,212

12%

31 NIKA S.A.

10,275,047

10,948,548

1,420,515

2,081,861

47%

32 MARE NOSTRUM S.A.

7,156,996

7,212,800

1,802,580

1,956,184

33 Ε. DONTA S.A.

3,516,523

4,333,326

23%

-457,610

1,855,461

34 MARBELLA S.A.

11,137,319

12,870,737

16%

1,325,055

1,809,582

37%

35 KONTOKALI BAY RESORT AND SPA S.A.

7,851,734

8,302,391

977,717

1,772,866

81%

36 NESTOR S.A.

3,197,098

5,057,124

58%

1,354,733

1,726,457

27%

37 ΚΑΝΑVΑ S.A.

8,513,121

7,921,447

-7%

1,456,807

1,681,421

15%

38 MARE S.A.

4,560,186

5,149,577

13%

1,214,978

1,625,413

34%

39 IKOS OLIVIA S.A.

14,382,503

19,852,125

38%

-2,156,053

1,565,195

40 FILOXENIA S.A.

8,057,744

8,105,594

1,745,540

1,545,582

-11%

41 THEOXENIA KIFISSIA ISAX S.A.

4,936,582

5,086,292

1,614,182

1,531,951

-5%

42 ALYKANAS VILLAGE S.A.

1,590,057

4,016,980

153%

401,834

1,454,682

262%

Name

Turnover 2015

Turnover 2016

Change (%)

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

43 CHALKIADAKIS TH. S.A. CACTUS HOTELS

9,521,692

9,234,755

-3%

1,548,206

1,448,930

-6%

44 DIVANI ACROPOLIS S.A.

7,156,833

7,811,619

1,259,784

1,444,098

15%

45 CHATZIANGELAKIS BROS S.A.

3,713,597

3,910,000

1,558,352

1,438,612

-8%

46 AIGAION S.A.

6,857,067

7,197,549

1,534,410

1,412,541

-8%

47 MOUSSAMAS BROS S.A. (ATHENS HOLIDAY INN)

12,107,627

13,023,610

627,161

1,409,855

125%

48 NEFELI SOLE SHAREHOLDER CO. LTD

3,600,038

3,300,426

-8%

1,661,331

1,376,613

-17%

49 ASTRO S.A.

2,866,310

2,936,344

1,167,076

1,293,701

11%

50 DIVANI HOTELS S.A.

2,422,077

2,092,287

-14%

769,703

1,286,090

67%

51 GIOMA S.A. (AEGEAN PLAZA SANTORINI)

2,428,874

2,253,887

-7%

1,469,377

1,257,364

-14%

52 TXEBB GEORGIOS S.A.

4,776,779

6,633,042

39%

-35,424

1,221,818

53 PRESIDENTIAL S.A.

8,436,408

8,517,775

917,523

1,196,294

30%

54 ATEX S.A.

2,717,739

2,691,294

-1%

969,675

1,173,993

21%

55 AKTES AIGAIOU S.A.

9,946,775

9,509,867

-4%

2,369,356

1,164,757

-51%

56 PATILIS I. S.A.

5,167,464

5,410,990

276,434

1,162,029

320%

57 KIANI AKTI S.A.

6,780,084

6,854,880

828,800

1,142,105

38%

58 STANLEY S.A.

6,755,304

7,686,298

14%

1,156,303

1,141,723

-1%

59 GIANNIKAKIS S. S.A.

7,982,601

9,431,448

18%

1,271,418

1,113,605

-12%

60 ATHINAIKI HOTELS S.A.

3,854,033

3,912,780

1,029,751

1,051,699

61 ELECTRA HOTELS S.A.

6,346,933

6,090,716

-4%

1,957,823

1,048,605

-46%

62 ZISIMOPOULOU ST. S.A.

4,038,391

4,351,641

1,011,297

1,040,064

63 ROKAS TH. S.A.

5,635,893

5,722,994

837,959

1,026,939

23%

64 ADELE MARE S.A.

3,943,815

4,046,021

1,505,867

1,024,792

-32%

65 OCCIDENTAL S.A.

7,704,119

7,935,996

915,237

1,006,795

10%

66 KIRINI S.A.

3,607,823

4,907,774

36%

858,969

986,021

15%

564,297

983,125

74%

16,457,074

17,059,977

1,238,594

975,543

-21%

69 OKEANIDA S.A.

9,434,080

9,623,677

602,622

917,268

52%

70 MOUROUZIS S.A.

3,772,197

3,802,406

671,253

899,674

34%

71 GHOTELS GROUP S.A.

9,654,643

11,461,448

19%

-855,674

871,536

67 FANEROMENI S.A. 68 SOFITEL ATHENS AIRPORT HOTEL S.A.

72 AMALTHIA S.A.

12,590,508

13,406,084

-376,195

869,576

73 LEISURE HOTELS S.A.

1,549,879

1,668,337

761,134

862,526

13%

74 ANDROMEDA S.A.

3,013,773

2,855,814

-5%

1,352,691

862,418

-36%

75 G&E KARAMOLEGOS GROUP OF HOTELS S.A.

4,829,727

4,747,962

-2%

1,330,952

859,133

-35%

76 SARANTIS I. S.A.

3,562,810

3,736,885

662,377

851,550

29%

77 PITOULIS S.A.

2,544,880

2,330,262

-8%

750,540

816,368

78 ANAPTYXI AIGAIOU S.A.

7,697,387

7,837,939

944,045

759,444

-20%

79 DRIROS S.A. (DOMES OF ELOUNDA)

9,337,686

11,484,947

23%

234,080

759,219

224%

80 FYTROS BROS S.A.

1,667,882

1,681,437

782,829

758,301

-3%

81 ALFA MARIN S.A.

6,679,429

6,916,954

751,098

741,854

-1%

82 MACEDONIAN HOTELS S.A. (CITY HOTEL)

4,691,671

4,888,226

179,894

739,040

311%

83 DROSOS A. S.A.

2,412,291

2,343,587

-3%

978,585

736,653

-25%

84 MANTZAVELAKIS A. S.A.

6,054,820

6,222,537

716,671

736,196

85 PARGA BEACH S.A.

1,887,999

2,319,380

23%

587,691

727,245

24% 75

TREASURES OF GREEΚ TOURISM 2019

Name

86 SANTA MARINA S.A.

Turnover 2015

Turnover 2016

13,803,734

16,008,358

87 CHRISSI AMOUDIA S.A.

2,914,509

88 POSEIDON S.A.

3,643,785

89 RETHYMNO S.A.

Change (%)

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

16%

2,104,428

706,451

-66%

3,099,080

401,234

684,592

71%

4,008,937

10%

412,578

656,602

59%

4,809,505

4,947,904

780,051

638,083

-18%

90 IOANNIDOU S. S.A.

7,281,991

6,805,306

-7%

524,342

635,942

21%

91 TSIMIDOPOULOS M. S.A.

3,673,962

3,607,405

-2%

705,163

631,093

-11%

92 PERIVOLAS S.A.

1,985,188

2,112,498

778,806

627,778

-19%

93 AQUILA HOTELS S.A.

2,230,016

2,297,016

413,360

620,956

50%

94 PANTAZIS A. & Co. S.A.

1,038,557

1,586,513

53%

247,507

610,776

147%

95 KOLLFAM S.A.

2,316,212

3,036,619

31%

329,767

595,137

80%

96 TSOURLAKIS - BIRLIRAKIS S.A.

3,303,733

3,468,048

505,638

585,766

16%

97 DRAKONAKIS - KANDYLOGIANNAKI S.A.

1,436,091

1,660,791

16%

390,393

585,477

50%

98 DANA VILLAS S.A.

1,763,689

1,809,370

664,785

568,913

-14%

99 MYTILANA S.A.

609,193

1,271,984

109%

135,825

561,893

314%

100 ATLANTIDA S.A.

9,044,253

9,767,247

520,689

561,139

101 ATHENS HOLIDAYS S.A.

3,970,951

3,968,498

-0%

780,236

557,984

-28%

102 PETINOS S.A.

3,782,111

3,659,496

-3%

744,408

556,599

-25%

17,714,840

17,235,130

-3%

1,599,420

551,650

-66%

2,165,027

2,145,839

-1%

751,994

545,945

-27%

16,657,261

19,290,628

16%

-1,503,327

537,827

1,644,776

1,997,579

21%

399,142

537,510

35%

107 AIGAIO CORAL S.A.

539,320

1,374,522

155%

91,974

524,964

471%

108 PAPAGEORGIOU BROS S.A.

775,802

992,080

28%

310,546

524,651

69%

29,784,000

29,021,000

-3%

1,052,000

522,000

-50%

110 ΕΤΑΚ S.A.

3,377,669

3,671,158

375,923

518,435

38%

111 AGALI HOUSES S.A.

1,034,547

1,059,809

434,186

515,881

19%

12,510,571

8,112,274

-35%

1,066,781

509,130

-52%

113 VENCIA S.A.

1,452,769

1,433,842

-1%

672,104

505,180

-25%

114 DIMOLEIA S.A. MEDITERRANEAN BEACH HOTEL

1,577,601

1,754,819

11%

304,433

502,303

65%

957,400

1,151,150

20%

-179,894

494,549

116 HOTEL ENTERPRISES OF YPSOS KERKYRA S.A.

2,134,577

2,387,666

12%

232,951

488,006

109%

117 KOLYMBARI S.A.

8,759,386

9,933,992

13%

-182,947

483,572

118 ATRIUM S.A.

1,538,223

1,629,560

510,838

481,917

-6%

103 HELLAS HOLIDAY HOTELS S.A. 104 PALAMAS S.A. 105 ΤΕΑΒ S.A. (MARIS HOTELS) 106 LEONTARAKIS BROS S.A.

109 IONIAN HOTEL ENTERPRISES S.A.

112 CHALKIDIKI TOURISM ENTERPRISES S.A.

115 AKTI MALLION S.A.

119 IBEROSTAR GREECE S.A.

862,795

860,203

-0%

643,368

478,477

-26%

120 S. PATINIOTIS LTD

1,676,959

1,530,701

-9%

858,454

470,983

-45%

121 GIAMA S. BROS S.A.

2,903,086

3,039,862

318,431

469,802

48%

122 HOTEL BRAIN CAPITAL S.A.

1,079,070

6,420,696

495%

18,744

468,853

2401%

123 KOUTSOURADIS HOTELS S.A.

1,993,046

1,860,481

-7%

852,687

463,625

-46%

124 CRETA STAR S.A.

12,055,420

12,293,677

498,059

452,886

-9%

125 DOUROS K. S.A.

1,503,917

1,522,899

421,201

452,154

126 PYTHAGOREION S.A.

2,306,285

2,252,294

-2%

407,892

439,799

15,880,165

16,419,502

278,647

431,075

55%

128 APOLLON TOURIST ENTERP. S.A.

9,891,100

10,056,264

316,046

418,694

32%

129 FALIRAKI S.A.

7,105,614

5,964,402

-16%

1,205,613

416,520

-65%

127 TOXOTIS S.A.

Name

Turnover 2015

Turnover 2016

130 HOULIARAS N.&B. S.A.

1,435,859

1,522,256

131 SEVEN BROTHERS S.A.

2,629,618

2,777,779

132 LARA S.A.

1,200,955

2,235,568

133 MARATHONION TOURIST CLUB S.A.

1,215,321

2,537,170

134 TSEPETI S.&M. S.A.

1,329,792

1,321,036

135 VALTOS BEACH HOTEL S.A.

1,230,607

136 POLYVOTIS S.A.

2,335,422

137 KARANASIOU L. SOLE SHAREHOLDER CO. LTD 138 CLUB ΜΥΚΟΝΟS S.A. 139 GAVRILAKIS S.A. 140 CHRISTARA ANTIGONI S.A. 141 TZEKOS VILLAS S.A.

Change (%) 6%

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

435,638

410,367

-6%

331,987

409,074

23%

86%

-453,511

406,864

109%

139,065

406,647

192%

-1%

311,012

403,196

30%

1,366,937

11%

493,713

403,020

-18%

2,063,877

-12%

389,339

397,334

1,872,781

1,999,001

221,802

396,651

79%

6,602,225

7,821,954

18%

957,150

385,990

-60%

535,113

771,568

44%

185,944

381,404

105%

1,148,314

1,138,932

-1%

414,731

372,919

-10%

887,736

865,471

-3%

382,778

366,373

-4%

142 POSEIDON HOTEL & TOURIST ENTERP. OF MYKONOS S.A.

1,643,730

1,612,025

-2%

349,518

361,364

143 MELISSA E. KALLIANTAS & SONS S.A.

2,264,147

2,259,148

-0%

50,297

351,745

599%

144 THEODORIDIS VICTOR TOURIST ENTERPRISES S.A. (VILAR)

1,738,995

1,698,947

-2%

12,728

349,978

2650%

145 MARIS S.A.

1,582,566

1,812,645

15%

89,546

349,395

290%

329,435

657,544

100%

16,998

348,772

1952%

147 SFAKIA S.A.

1,990,724

1,923,662

-3%

265,466

343,862

30%

148 ARETOUSA S.A.

1,501,916

1,481,260

-1%

337,175

342,850

149 XENOFON S.A.

1,731,363

1,593,906

-8%

572,682

342,676

-40%

150 PELICAN S.A.

1,714,389

1,849,706

209,986

337,023

60%

146 ARKADIKI CONSTRUCTION S.A.

151 NOMIKEION S.A.

836,211

755,859

-10%

321,975

334,936

152 ASLANIDIS S.A.

2,434,707

2,831,481

16%

284,376

330,704

16%

153 PANTAZOPOULOS I. S.A.

1,067,959

1,112,129

370,632

329,259

-11%

154 AIGAION S.A.

2,181,756

2,402,786

10%

164,659

325,619

98%

155 MINOS MARE S.A

1,618,678

1,734,189

234,082

321,099

37%

876,062

1,184,606

35%

-48,805

317,643

157 DIOMEIA HELLAS S.A.

2,701,375

2,512,854

-7%

585,250

317,108

-46%

158 TITANIA S.A.

9,734,792

9,571,384

-2%

813,568

315,156

-61%

159 GIATRAS P. S.A.

1,909,075

1,810,023

-5%

355,191

307,385

-13%

160 FYSKO S.A.

1,025,575

916,274

-11%

467,089

305,535

-35%

161 GOLDEN STAR S.A.

1,125,738

917,374

-19%

574,593

303,997

-47%

162 NOMIKOS VILLAS S.A.

817,647

795,597

-3%

309,295

296,710

-4%

163 DILOU FOS S.A.

899,882

988,473

10%

287,407

293,884

164 CAMELOT S.A.

803,483

844,180

196,243

290,806

48%

165 KATAKIS S.A.

860,485

889,042

229,407

286,939

25%

166 KRITIKOS P. S.A.

1,411,315

1,431,622

376,701

284,268

-25%

167 CHEIRAKAKIS S.A.

1,597,131

1,402,726

-12%

361,425

278,926

-23%

168 TSILEDAKIS I. S.A.

3,243,805

3,911,913

21%

269,440

274,781

943,930

885,758

-6%

297,377

270,837

-9%

170 DELFINA BEACH S.A.

1,871,170

1,870,228

-0%

298,777

267,348

-11%

171 FILOXENIA S.A.

1,117,242

1,290,180

15%

78,209

263,684

237%

172 ANDRONIKOS EMM. S.A.

1,980,239

1,882,474

-5%

495,065

253,858

-49%

173 MARMITEL S.A.

4,956,303

3,925,519

-21%

435,248

252,218

-42%

156 TSEVAS E. S.A.

169 DAEDALUS S.A.

TREASURES OF GREEΚ TOURISM 2019

Name

Turnover 2015

Turnover 2016

Change (%)

174 CHATZINIKOLAOU E. S.A.

2,187,802

2,110,666

-4%

175 MINOIKI AKTI S.A.

1,110,098

1,233,714

176 DI-MAN S.A.

1,892,691

2,158,670

177 Ε.Τ.Α. S.A. (DIVANI COLLECTIONS HOTELS)

1,619,345

178 NOTIES SPORADES S.A. (SKIATHOS PALACE HOTEL)

4,108,356

179 BITSAKIS BROS S.A.

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

627,493

245,267

-61%

11%

89,626

244,438

173%

14%

225,869

239,016

1,818,706

12%

131,024

238,930

82%

3,940,000

-4%

1,025,605

230,000

-78%

869,177

846,467

-3%

296,852

225,743

-24%

180 CHATZIKONSTANTNOU BROS S.A.

2,427,359

2,491,311

78,046

224,153

187%

181 PELICAN S.A.

1,116,824

1,073,872

-4%

253,693

224,009

-12%

182 OCEANIS S.A.

3,279,919

2,968,278

-10%

1,162,140

219,135

-81%

183 ANTIKAS S.A.

881,717

833,160

-6%

209,970

217,308

184 MISTRAL CITY S.A.

972,796

996,803

366,871

217,087

-41%

185 ERETRIA BEACH PALMARIVA S.A.

274,822

182,514

216,549

19%

186 ATHANASOPOULOS F. S.A.

2,373,997

3,331,664

40%

-178,018

214,859

187 CAVALIERI LTD.

1,075,584

1,138,528

213,854

211,251

-1%

188 LA PERLA VILLAS S.A.

639,001

880,034

38%

241,955

210,597

-13%

189 ALMYROS S.A.

4,089,453

4,063,224

-1%

132,965

210,047

58%

190 ERASMUS ATENE

1,073,586

1,175,822

10%

103,664

209,946

103%

191 MARGARIS P.&L. S.A.

2,357,790

2,537,066

178,650

209,512

17%

960,508

970,055

116,099

207,941

79%

193 PHENIX S.A.

2,158,745

2,238,584

-113,992

206,052

194 CORFU PALACE MANAGEMENT S.A.

3,460,335

3,463,146

184,320

205,588

12%

192 RAPTIS K. - VERTSEKOS S. S.A.

195 DIOGENIS SYROU S.A.

477,553

528,601

11%

227,671

205,427

-10%

1,436,206

1,650,000

15%

396,001

200,000

-49%

197 AFRODITI S.A. (GOLDEN MILOS BEACH)

488,538

517,177

163,670

197,108

20%

198 POLITIS I. S.A.

886,635

863,783

-3%

251,989

194,523

-23%

199 HELIOTROPE S.A.

507,830

680,712

34%

83,730

194,183

132%

200 LAMBROU V. S.A.

5,501,081

5,475,043

-0%

91,970

194,007

111%

201 KOYMNA BROS S.A.

1,925,099

1,958,064

181,728

192,335

483,788

572,998

18%

105,534

191,889

82%

1,305,917

1,344,626

314,713

190,365

-40%

196 THEMIS BEACH HOTEL - PAPADAKIS N. BROS S.A.

202 DIGALAKI K. SA. 203 SUNSHINE S.A. 204 RIVARI S.A.

545,163

500,054

-8%

194,138

186,224

-4%

205 ATHENIAN CALLIRHOE S.A.

2,069,376

2,055,427

-1%

-12,196

186,117

206 KORONAKIS BROS S.A.

2,095,728

2,602,445

24%

295,757

184,021

-38%

207 FILOXENIA S.A.

936,807

941,575

100,703

179,036

78%

208 DRYMOS S.A.

899,511

1,001,167

11%

38,909

178,843

360%

209 SKOPELOS VILLAGE S.A.

851,169

914,683

184,871

173,945

-6%

210 ESPERIA S.A.

754,156

798,306

289,018

173,251

-40%

211 ALMA S.A.

942,214

507,069

-46%

296,996

172,761

-42%

212 GEORGIDAKIS K. BROS S.A. (KING MINOS HOTEL)

814,094

731,028

-10%

287,057

169,279

-41%

1,246,111

1,266,697

125,637

167,566

33%

213 DALATSIDIS S.A. 214 CHATZILAMBROU E. S.A.

818,425

891,304

150,384

165,181

10%

1,038,878

1,044,911

198,127

165,089

-17%

216 ATHENSTYLE BEDS SUITES & BAR LTD.

440,999

591,479

34%

72,271

163,995

127%

217 CHRISTINA S.A.

580,963

592,098

158,789

159,379

215 LYTRAS I.O. S.A.

Name

Turnover 2015

Turnover 2016

Change (%)

218 EKAVI S.A.

1,127,966

1,222,696

219 GERANIOTIS A. S.A.

1,983,988

220 ISIS S.A.

1,290,358

221 BROVAS A. S.A. 222 IONIAN STAR S.A. 223 HOTEL ENTERPRISES EL GRECO LTD.

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

-53,525

158,171

2,115,197

212,214

156,188

-26%

1,452,405

13%

130,701

155,983

19%

1,287,949

1,344,875

120,082

154,712

29%

950,000

870,000

-8%

230,000

150,000

-35%

673,100

626,257

-7%

182,952

147,790

-19%

1,317,412

1,439,345

133,024

147,016

11%

225 MITROPIAS Μ.&Ι. S.A.

715,701

571,039

-20%

247,571

146,223

-41%

226 KOTHALI HOTELS S.A.

4,852,540

5,475,702

13%

-50,518

146,142

417,218

409,276

-2%

152,439

145,326

-5%

228 G. TZIERAKIS S.A. - COSTA MARE

1,441,328

1,808,121

25%

72,311

143,656

99%

229 NEGROPONTE RESORT S.A.

224 MYKONOS ΒΑΥ S.A.

227 DALAS S.A.

1,947,389

2,371,268

22%

65,796

141,199

115%

230 DIONYSOS A. RAPTIS S.A.

895,018

942,555

-35,059

140,292

231 GIANNOUSI BROS S.A. - PELLA HOTEL

615,117

616,069

102,866

137,649

34%

232 KALDIS BROS S.A.

1,432,910

1,410,291

-2%

126,264

135,844

233 ΑΚΤΕ S.A.

1,183,192

1,065,240

-10%

292,040

135,479

-54%

234 KALAMATA HOTEL COMPANY S.A. (PHARAE PALACE)

1,312,555

1,340,364

94,207

134,045

42%

235 IONIKI S.A. (CARAVEL HOTEL ZANTE)

2,053,666

2,130,146

325,624

133,553

-59%

236 SKOPELITIS A. S.A.

746,559

768,418

100,242

133,071

33%

237 PRAXIS S.A.

835,523

750,491

-10%

236,452

131,842

-44%

23,184,531

24,130,781

-1,606,726

131,839

238 ATHINAION S.A. 239 PANOTEL S.A.

596,230

596,790

134,938

131,635

-2%

1,036,406

1,112,928

296,341

130,812

-56%

820,210

861,335

113,062

129,535

15%

1,102,018

1,155,502

109,026

127,053

17%

799,178

868,429

-185,177

126,147

1,254,628

1,178,820

-6%

119,419

126,037

824,126

825,050

164,309

123,424

-25%

115,167

122,841

247 PHALVAR S.A.

220,000

230,000

-49,784

121,381

248 VITORIS S.A.

578,190

644,584

11%

131,276

119,693

-9%

249 MINOA HOTELS & TOURISM ENTERPRISE S.A.

395,866

425,049

92,683

117,491

27%

250 FLOROS S.A.

748,511

702,060

-6%

46,597

117,144

151%

240 DELIS Α.D. S.A. 241 PATRIARCHEAS MESSINIAN BAY S.A. 242 DOURIDAS A. S.A. 243 SANTA S.A. 244 KOKOLODIMITRAKIS S.A. 245 ELIXOS S.A. 246 MON REPO PALACE HOTEL - CORFU HOTELS S.A.

251 PARK S.A.

636,685

700,336

10%

24,438

114,254

368%

1,221,141

1,221,595

106,886

113,338

492,835

488,319

-1%

84,674

111,596

32%

6,177,855

5,856,207

-5%

-103,465

110,726

255 KANTAROS M. S.A.

622,314

646,857

141,162

110,370

-22%

256 PAN.EF.AN. S.A.

459,250

513,636

12%

78,584

102,247

30%

257 DROUZAS I. S.A.

432,718

521,864

21%

109,847

100,439

-9%

252 BIRLIRAKIS N.&E. S.A. 253 LIODAKIS M.G. S.A. 254 I RODOS S.A.

258 VOURTSI - PAPOUTSAKI S.A.

782,539

760,872

-3%

154,924

99,831

-36%

259 TSOURLAKI BROS S.A.

1,280,606

1,276,732

-0%

296,713

99,042

-67%

260 CONGO PALACE S.A.

1,572,524

1,503,861

-4%

37,537

98,258

162%

540,913

633,136

17%

6,593

95,094

1342%

261 OLYMPIC S.A.

TREASURES OF GREEΚ TOURISM 2019

Name

262 VOUTSINOS I. S.A.

Turnover 2015

Turnover 2016

Change (%)

1,462,382

1,529,551

263 MANDRINO S.A.

694,907

858,760

264 THALLO S.A.

606,060

527,128

265 ECONOMOU E. S.A.

529,666

266 KRINAS S.A.

1,550,375

267 OLYMPIA S.A.

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

139,245

92,046

-34%

24%

3,376

91,485

2610%

-13%

93,903

91,170

-3%

90,723

1,394,347

-10%

183,103

87,738

-52%

1,593,324

1,673,207

5,480

86,404

1477%

268 IOANNIDIS N. S.A.

325,977

334,764

-36,837

85,411

269 AKTI TAYGETOS TOURISM S.A.

982,230

997,535

74,601

84,331

13%

270 APLADAS APARTMENTS S.A.

1,841,383

2,184,310

19%

12,104

82,426

581%

12,935,210

14,872,662

15%

-438,135

81,359

272 ATHINAIS S.A.

1,542,636

1,467,059

-5%

87,953

80,797

-8%

273 LAGOMANDRA HOTEL S.A.

4,038,204

3,979,241

-1%

151,298

79,958

-47%

274 SALVARI S. S.A.

1,196,587

1,172,907

-2%

-39,117

79,813

275 XENTE S.A.

6,208,210

5,974,072

-4%

82,373

78,175

-5%

271 PEGAS HELLAS S.A.

276 PROIMOS V.S. S.A.

578,120

684,606

18%

140,252

77,834

-45%

277 PRINCESS OF MYKONOS S.A.

51,583

24,584

-52%

103,829

77,449

-25%

278 DIMITRIOU XENOU BROS S.A.

461,418

544,685

18%

11,283

76,022

574%

279 PAROS - NAOUSA S.A.

780,928

761,574

-2%

71,229

75,499

280 KRITIKOS TOURISMOS S.A.

3,446,416

3,650,974

-37,267

75,237

281 FENGOUDAKIS A.&V. S.A.

1,206,056

1,382,878

15%

45,979

73,492

60%

583,463

587,089

61,428

73,175

19%

282 KYVETOS S.A. 283 HOTEL EL GRECO S.A.

1,194,182

1,197,088

80,002

72,891

-9%

284 DENAXAS S.A.

1,034,243

1,094,248

259,744

71,388

-73%

493,033

399,369

-19%

164,817

70,828

-57%

285 ZANNOS S.A. 286 PROÏMOS K. S.A.

518,162

492,286

-5%

97,518

70,071

-28%

287 VENOTOX S.A.

1,346,256

20,057

69,266

245%

288 TZOANOS I. S.A.

1,367,631

1,782,666

30%

-11,456

69,146

289 VRONTAKI BROS S.A.

1,323,776

1,322,447

-0%

71,885

68,824

-4%

290 KYRLANGITSIS I. S.A.

419,348

460,286

10%

38,375

68,436

78%

291 POTAMAKI S.A.

852,153

915,244

50,613

68,424

35%

292 ELPIDA S.A.

1,895,587

2,043,697

-159,166

67,737

293 KELIDIS CH. HOTEL & TOURISM ENTERPRISE S.A.

395,611

383,230

-3%

112,524

67,578

-40%

294 OSTRAKO S.A.

925,819

799,108

-14%

22,891

67,153

193%

295 SIKYON BEACH S.A.

832,265

840,824

25,090

66,911

167%

1,255,731

1,189,880

-5%

181,424

66,615

-63%

297 MARGARIS CON. S.A.

356,768

396,597

11%

41,184

65,887

60%

298 KAVOS S.A.

498,632

448,398

-10%

99,435

65,629

-34%

296 ERMIS S.A.

299 KARATARAKI M.&E. S.A.

2,230,336

2,078,773

-7%

242,003

64,424

-73%

300 SAMARIDOU M. S.A.

614,467

373,384

-39%

87,760

62,933

-28%

301 ARION S.A.

983,025

1,088,222

11%

-39,741

62,553

302 TSAMIS GR.&K. S.A.

403,256

435,241

-40,358

61,413

303 VICTORIA S.A.

1,384,770

1,403,282

-10,933

60,870

304 PALANTIEN LENA MARY S.A.

1,991,544

2,398,987

20%

-28,402

59,668

434,592

369,985

-15%

87,738

58,878

-33%

305 LIANOS S.A. 80

Name

Turnover 2015

Turnover 2016

Change (%)

306 BALASKAS BROS S.A.

526,358

866,950

65%

307 ALEXIOS S.A.

497,337

560,544

308 NEFELI S.A.

611,934

667,896

309 HAIKOS S.A.

526,727

310 PREVEZA SITY S.A.

321,893

311 KAVOURAS S.A.

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

-30,709

58,608

13%

56,938

-38,102

56,188

536,981

58,970

56,045

-5%

324,997

25,591

54,282

112%

716,497

625,853

-13%

102,865

53,912

-48%

1,870,027

1,732,134

-7%

332,660

53,643

-84%

313 IOSIFIDIS V. - TSINGIROPOULOS D. LTD. (ARISTI MOUNTAIN RESORT)

569,961

666,967

17%

4,873

53,169

991%

314 ALBATROS S.A.

858,669

900,707

-135,035

52,714

315 POULIS N.I. S.A.

425,678

536,002

26%

29,358

52,260

78%

316 PAPIAS A. S.A.

824,999

913,855

11%

76,445

51,658

-32%

317 GORTYNA S.A.

590,447

549,038

-7%

87,522

51,154

-42%

318 PALATINO HOTEL S.A.

732,744

799,361

84,063

50,843

-40%

312 IVISKOS S.A.

319 THETIS S.A.

62,979

60,843

-3%

-30,630

50,033

320 ESPERIA S.A.

452,097

462,097

18,603

49,139

164%

321 MORAITIS S.A.

805,504

819,940

38,698

48,694

26%

322 MICHOPOULOS SP. S.A.

2,665,654

2,469,444

-7%

189,540

46,651

-75%

323 THASOS HOTEL & TOURISM ENTERPRISES S.A.

538,201

603,259

12%

42,595

45,073

324 MYKONOS BEACH HOTEL S.A.

615,460

725,577

18%

141,892

44,593

-69%

325 MEDITERRANEAN S.A.

907,051

1,180,022

30%

213,304

44,477

-79%

1,284,529

1,177,765

-8%

76,271

43,880

-42%

327 PIGASOS S.A.

885,733

947,658

76,523

43,554

-43%

328 ANEMOESSA S.A.

462,215

395,813

-14%

45,898

41,865

-9%

329 SALAMIS S.A.

821,770

837,878

-38,268

41,174

330 IKAROS HOTEL ENTERPRISES S.A.

1,027,831

953,805

-7%

125,223

39,554

-68%

331 VEROI S.A.

326 LYMPERIA S.A.

1,907,684

2,221,878

16%

60,476

39,051

-35%

332 EUROSUN S.A.

428,559

615,123

44%

-57,708

37,888

333 YDROUSA S.A.

399,188

427,317

84,335

37,721

-55%

1,851,025

1,887,702

114,590

37,516

-67%

335 DIONI S.A.

870,018

924,128

11,174

36,971

231%

336 BELLOS S.A.

807,699

740,610

-8%

190,711

35,956

-81%

337 KOUTSOUMBOS IOANNIS LTD.

406,237

407,755

-20,346

33,449

338 KOTRETSOS A. S.A.

556,654

465,078

-16%

32,868

32,421

-1%

339 NAXOS ( LAGOS MARE ) S.A.

491,339

408,012

-17%

96,248

31,307

-67%

340 ANDROS S.A.

324,133

198,346

-39%

-91,300

29,516

341 MATI S.A.

422,524

424,346

29,092

29,394

342 NEOKLASIKI S.A.

545,527

499,047

-9%

89,028

29,227

-67%

343 BALOS TOYRISM & HOTEL ENTERPRISES S.A.

667,400

797,062

19%

-28,213

28,946

344 HELIOTROPE II S.A.

755,961

861,823

14%

101,032

26,702

-74%

345 CHANIOTIS V.&D. S.A.

810,435

694,725

-14%

151,748

26,250

-83%

346 HOTEL KRIOPIGI S.A.

1,110,915

1,233,853

11%

2,580

25,041

871%

406,867

350,147

-14%

151,967

24,879

-84%

1,879,719

2,035,264

-116,488

24,362

334 SMAROPOULOS S. S.A.

347 DANEZIS E.&I. S.A. (ZEPHYROS) 348 AKTI LAGOUDAKI S.A.

TREASURES OF GREEΚ TOURISM 2019

Name

Turnover 2015

Turnover 2016

349 POSIDON S.A.

859,540

350 CLUB VAS. SOLE SHAREHOLDER LTD.

548,169

351 ERMIONIO S.A.

406,183

352 TRIGONO S.A.

624,395

353 DIMITRAKAKIS ST. S.A.

609,972

354 ALPHA CONSTRUCTIONS & TOURISM S.A.

Change (%)

1,003,161

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

17%

-141,327

24,346

628,640

15%

-26,965

22,738

1,040,890

156%

-52,377

21,529

666,171

33,633

21,386

-36%

596,965

-2%

112,020

20,309

-82%

-20,824

19,010

355 SOUSOURAS F. & SONS S.A.

638,735

687,889

14,017

18,669

33%

356 IGNATIA S.A.

388,582

401,115

2,740

18,297

568%

357 GOVINO CORFU S.A.

93,725

123,918

32%

-1,655

17,126

238,255

243,155

24,936

16,961

-32%

2,544,816

3,141,431

23%

-57,689

15,553

359 XENAKI FURNISHED APARTMENTS S.A. (KLIO HOTEL)

397,533

418,101

-13,997

15,553

361 ALKΥON HOTEL ENTERPRISES S.A.

463,118

467,168

-29,162

14,566

362 ADONIS S.A.

551,819

503,353

-9%

128,745

14,235

-89%

363 KALAMARA IRINI, KYR. S.A.

2,751,723

1,923,641

-30%

330,842

13,910

-96%

364 NIKOPOLIS S.A.

3,541,812

3,908,326

10%

-1,123,930

13,852

437,759

403,277

-8%

88,646

13,390

-85%

358 DIONI HOTEL S.A. 360 IERAPETRA BEACH S.A.

365 MARGARITIS DIMITRIOS S.A. (PORTO NAXOS HOTEL) 366 MALLIAS N. S.A.

1,735,791

1,970,025

13%

6,876

13,338

94%

367 XYDAS-GARDEN S.A.

492,458

505,081

28,964

12,927

-55%

368 MELTEMI S.A.

655,812

666,312

-2,345

12,576

369 PALLADION S.A.

708,135

725,651

9,169

12,372

35%

370 SOPASOUDAKIS BROS S.A.

836,264

816,424

-2%

73,821

12,147

-84%

371 CYCLADIKI S.A.

793,539

657,075

-17%

-3,369

11,433

1,111,634

954,987

-14%

148,725

11,229

-92%

372 AMPHITRYON S.A. - SAVOY HOTEL 373 DIOSKOURI SOLE SHAREHOLDER LDT.

698,894

918,768

31%

25,087

11,147

-56%

1,256,270

1,189,922

-5%

9,297

10,775

16%

375 PLAKOURES HOTELS S.A.

389,481

365,499

-6%

28,639

10,727

-63%

376 TOSKA S.A.

671,240

743,363

11%

-11,707

10,705

377 ROMANTZA S.A.

125,034

128,852

-12,279

10,638

378 BYZANTIO S.A.

63,000

-17,149

10,206

374 PROFYLENIOS S.A.

379 SUNSHINE APARTMENTS S.A. 380 COASTAL CLUB S.A. 381 VOTZIS SP. S.A. 382 OK S.A.

738,502

577,081

-22%

252,384

10,130

-96%

3,037,023

2,211,691

-27%

231,352

9,277

-96%

385,728

388,498

31,150

8,048

-74%

2,098,796

2,752,509

31%

110,498

6,938

-94%

383 ELIADOU N.&M. S.A.

482,087

518,873

-7,785

5,622

384 MINERVA S.A.

416,104

400,647

-4%

29,130

5,567

-81%

385 CITY CIRCUS LTD.

530,265

742,592

40%

8,986

5,171

-42%

386 BARMBOPOULOS A.K. & Co. S.A.

965,181

1,466,720

52%

-13,018

4,855

387 YIANNOUTSOS ST. S.A.

487,179

514,585

112,185

4,734

-96%

388 MACEDONIAN SUN S.A.

443,616

740,437

67%

-168,614

4,429

389 ERMIS HOTEL & TOURISM ENTERPRISES S.A.

1,689,836

2,107,632

25%

3,062

4,054

32%

390 ELAIA S.A.

666,649

711,305

78,522

3,868

-95%

391 PAPPAS S.A.

872,451

810,645

-7%

25,329

3,235

-87%

392 OLYMPIOS ZEUS S.A.

654,890

643,289

-2%

-41,434

2,526

Name

393 ERODIOS O. S.A. 394 NOVOTEL ATHENS S.A.

Turnover 2015

Turnover 2016

349,325

346,017

Change (%)

Pre Tax Profit 2015

Pre Tax Profit 2016

-1%

-109,937

2,075

Change (%) _

4,928,322

5,164,705

-110,759

1,813

395 LIBERTY HOTEL S.A.

385,482

349,842

-9%

1,540

3043%

396 ANTONAKAKIS S.A.

313,709

279,580

-11%

-4,910

1,132

397 CHATZIYIANNOGLOU I. S.A. (PLOTINI)

594,508

618,289

-29,902

981

398 ZANTE PLAZA S.A.

999,783

1,228,750

23%

-52,119

539

399 ITANOS S.A.

485,763

673,264

39%

-2%

400 KOURKOULOS S.A.

574,966

599,610

35,066

-926

401 HOSTLAB LTD.

584,043

499,206

-15%

12,164

-1,585

402 SEE VIEW S.A.

396,169

427,136

59,621

-1,606

403 BROKOS G. S.A.

15,800

20,150

28%

-7,286

-2,287

-69%

404 FENGOUDAKIS A. S.A.

1,463,202

1,567,330

-162,791

-3,537

-98%

405 NIKOLAKAKIS THEMISTOKLIS S.A.

423,001

414,063

-2%

-11,649

-3,633

-69%

406 ARION S.A.

639,214

740,695

16%

-185,611

-3,712

-98%

407 LOULOUDIS S.A.

408,028

424,684

23,524

-3,822

408 ADEXEN - PATRA S.A.

647,170

654,650

-79,784

-5,398

-93%

409 BONIKOS S.&G. S.A.

1,268,414

1,300,783

201,181

-6,315

410 HAPIMAG HELLAS S.A.

5,325,421

4,953,647

-7%

214,629

-7,618

411 KRONOS S.A.

556,472

536,652

-4%

-10,500

-8,312

-21%

412 CORIVA VILLAGE S.A.

618,544

677,009

4,467

-8,339

413 VOYIATZIS E. S.A.

390,967

385,059

-2%

42,153

-8,716

414 DEMBONOS S.A.

607,340

673,902

11%

19,008

-8,736

415 POSIDONIA LTD.

1,465,845

1,596,966

-8,867

-9,427

416 ELOUNDA SUN S.A.

1,046,591

1,181,513

13%

198,876

-11,532

417 CONTESSA S.A.

557,902

516,924

-7%

84,399

-13,131

418 TSELIKAS S.A.

152,527

240,782

58%

-42,719

-13,756

-68%

419 APOSTOLAKIS A. S.A.

114,211

134,822

18%

-25,939

-19,580

-25%

420 PARK HOTEL S.A.

103,380

121,160

17%

-69,150

-21,656

-69%

421 VATIS S.A.

578,736

226,744

-61%

146,215

-22,573

422 MARKOPOULOS E.&TH. S.A.

406,329

362,352

-11%

-18,131

-22,847

26%

423 COSMOS CLUB S.A.

478,880

349,076

-27%

-35,286

-23,536

-33%

424 MAKRIS I.A. S.A.

631,784

550,656

-13%

14,386

-23,726

425 KOUKLA BEACH S.A.

521,949

568,257

8,798

-24,210

426 T.O.E. S.A.

623,205

623,068

-0%

44,475

-29,360

427 RETHYMNO STAR S.A.

1,157,015

1,259,622

101,983

-30,610

428 VOUNAKI S.A.

2,108,129

1,973,976

-6%

169,830

-32,819

429 ANGOURAS D. & SONS S.A.

589,069

741,843

26%

-27,900

-33,656

21%

430 PAROS BAY S.A.

627,932

568,959

-9%

-7,828

-34,040

335%

431 COSTANTINOS S.A.

804,662

647,172

-20%

-9,272

-34,428

271%

432 AEOLIAN VILLAGE S.A.

471,595

465,273

-1%

-248,136

-34,716

-86%

433 ZARKADAS K.G. S.A. 434 ATTIKOS OURANOS S.A. (ATHENS ZAFOLIA HOTEL) 435 ANTONIS MOUTZOURIS TOURISM ENTERPRISES S.A. 436 PAPADOGIANNIS EMM. S.A.

336,183

338,787

-95,886

-35,414

-63%

3,396,968

3,114,458

-8%

176,109

-36,596

853,429

873,275

-135,604

-37,492

-72%

1,076,884

1,208,188

12%

-36,665

-38,592

5% 83

TREASURES OF GREEÎ&#x161; TOURISM 2019

Name

Turnover 2015

Turnover 2016

Change (%)

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

437 KALLITHEA S.A. (LACOBA HOTEL)

984,928

835,960

-15%

190,942

-38,595

438 ASTERAS S.A.

384,930

346,448

-10%

-72,163

-39,278

-46%

439 EL-AN S.A.

754,017

744,646

-1%

44,994

-40,201

440 KOUNTOURI STAMATIA D. S.A.

475,298

497,439

27,521

-40,789

441 TSISMENAKIS BROS S.A.

956,872

878,541

-8%

11,112

-40,857

442 ERMIS S.A.

939,516

892,349

-5%

106,198

-41,996

1,209,694

1,355,626

12%

-109,958

-42,407

-61%

444 PARK S.A.

699,317

736,389

67,931

-43,098

445 ARKADI S.A.

216,572

280,346

29%

-73,289

-44,750

-39%

446 VOGIATZAKIS ST.G. S.A.

191,964

132,512

-31%

-12,186

-45,106

270%

3,409,614

3,549,692

6,655

-45,684

448 BOURGIEZIS S.A.

476,346

493,730

-15,233

-45,723

200%

449 KLARA HOTEL S.A.

239,404

315,222

32%

10,388

-46,108

450 ZITA PALACE S.A.

804,966

684,964

-15%

55,822

-47,720

443 FLEGRA S.A.

447 KONAN S.A.

451 PANORMO S.A.

189,897

153,100

-19%

-254,449

-47,779

-81%

452 ALEXANDRA S.A.

1,487,154

1,685,674

13%

7,729

-48,803

453 RESTAKIS K. S.A.

502,714

647,692

29%

73,398

-51,403

454 MOUZAKIS TZ. BROS S.A.

821,356

794,444

-3%

-123,779

-51,734

-58%

455 NATSIS BROS S.A.

2,244,055

2,575,976

15%

210,178

-56,110

456 GALINI S.A.

2,527,230

2,764,095

-893,590

-63,144

-93%

457 CORINA S.A.

562,055

561,795

-0%

-24,188

-66,176

174%

4,522,679

4,625,069

763,785

-66,523

945,134

980,817

-137,199

-70,572

-49%

460 BLUE & WHITE SERVICES & HOTELS S.A.

1,772,652

1,940,320

-156,346

-70,583

-55%

461 TERLAKIS BROS S.A.

458 RETHYMNO HOTELS S.A. 459 KORALI S.A. - LA VITA BEACH HOTEL

1,602,459

1,528,625

-5%

-102,180

-72,508

-29%

462 DAKTYLIDIS BROS S.A.

808,047

765,107

-5%

181,698

-75,139

463 PHILIPPAKIS S.A.

911,751

1,072,334

18%

-88,486

-76,627

-13%

464 EUROTEL PRINCESS S.A.

5,491,966

6,526,620

19%

164,590

-78,425

465 VASILAKIS S.A.

484,812

566,940

17%

-144,534

-82,645

-43%

466 CHATZAKIS S.A.

536,405

531,971

-1%

-34,535

-83,392

141%

467 ROUSTAS - PAPAGIANNIS S.A.

819,976

822,558

35,841

-84,075

468 ACHILLION S.A.

187,989

157,921

-16%

-116,000

-85,088

-27%

469 NIDA S.A.

772,053

745,465

-3%

-26,969

-86,673

221%

470 POLIAS S.A.

1,704,598

1,756,346

14,103

-87,411

471 GARDELIS S.A.

779,413

825,362

-155,543

-88,512

-43%

472 PLAZA PALLAS S.A.

424,860

373,027

-12%

-21,030

-89,188

324%

473 G. M. HOTEL - TOURISM ENTERPRISES S.A.

1,469,539

1,761,020

20%

189,031

-89,852

474 MOCHLOS S.A.

3,208,649

3,711,855

16%

-338,327

-91,088

-73%

475 ANGELAKOS S.A.

477,616

485,521

-371,519

-91,331

-75%

476 PORTO RIO S.A.

539,747

-19,991

-91,727

359%

477 NILSON HELLAS S.A.

9,205,391

9,656,627

71,462

-96,625

478 MICHELANGELO S.A.

185,590

198,335

-45,098

-97,605

116%

3,202,620

3,660,667

14%

-42,742

-104,638

145%

489,956

489,250

-0%

-23,443

-104,677

347%

479 CYPROTEL CORFU KAVOS S.A. 480 PURPLE SEA S.A. 84

Name

481 AVLI S.A. 482 LEMONOPOULOS BROS S.A.

Turnover 2015

Turnover 2016

1,328,575

Change (%)

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

1,127,337

-15%

-3,060

-106,328

3375%

919,456

755,569

-18%

-16,068

-107,526

569%

483 IRA S.A.

1,286,806

1,292,854

-43,611

-110,898

154%

484 HYDRA BEACH S.A.

3,657,168

4,692,149

28%

-1,609,108

-113,535

-93%

485 LOPHOS S.A.

1,780,300

1,839,036

5,470

-114,449

486 LENTZAKIS K. S.A.

989,992

958,742

-3%

-175,763

-117,213

-33%

487 ORPHEAS BLUE RESORT S.A.

455,147

416,630

-8%

-7,635

-120,986

1485%

2,552,689

2,554,942

-182,938

-124,083

-32%

488 GEE DEE’S S.A. 489 MANIATIS HOTELS S.A. 490 SIRENE S.A. 491 MEDITERRANEAN BEACH PALACE S.A. 492 E. VEROS S.A.

944,707

922,462

-2%

-70,321

-127,196

81%

1,536,418

1,559,601

54,186

-128,437

10,735

-129,499

526,587

167,873

-68%

-93,697

-134,979

44%

7,052,734

7,030,695

-0%

112,290

-137,411

531,034

559,085

-178,814

-137,463

-23%

2,064,734

2,618,970

27%

-561,847

-138,627

-75%

406,571

373,905

-8%

-24,261

-139,120

473%

1,067,901

991,432

-7%

-149,627

-139,158

-7%

498 PLIADON GI S.A.

532,385

495,222

-7%

-199,561

-139,468

-30%

499 TZIOLIS ALEXANDROS SOLE SHAREHOLDER LTD.

518,917

567,401

-106,246

-139,666

31%

7,126,394

7,383,979

219,160

-143,934

220,961

199,347

-10%

-150,827

-144,440

-4%

493 PALATSIDIS BROS S.A. 494 GOLONGINAS - PANAGIOTOU S.A. 495 THOMOPOULOU K.&I. S.A. 496 VARRES HOTEL - TOURISM S.A. 497 ANEVLAVIS G.A.A.X. ‘ NAXOS ROYAL’’ S.A.

500 ANELIXIS S.A. 501 SPARTA INN S.A. 502 VIALAND S.A.

700,499

755,420

-243,028

-156,070

-36%

503 THERMISIA S.A.

1,831,374

1,979,780

-34,752

-156,782

351%

504 ANOSTRO S.A.

1,117,947

1,822,891

63%

-531,870

-159,524

-70%

505 LOUSI S.A.

2,405,547

2,403,893

-0%

-131,338

-167,688

28%

506 CRETE PROVENCE S.A.

5,993,452

7,647,743

28%

-636,405

-171,105

-73%

507 SIRINA S.A.

1,296,969

1,344,409

-522,902

-176,356

-66%

508 FOINIKAS KYKLADES S.A.

609,456

572,993

-6%

7,452

-180,516

509 XENIOS S.A.

838,530

866,628

-179,452

-184,341

510 O THEOPHILOS S.A.

548,751

167,061

-70%

77,492

-186,352

511 NEPHELI S.A.

782,257

870,256

11%

-246,019

-186,796

-24%

512 TORONAIOS KOLPOS S.A.

3,616,710

4,317,731

19%

-340,775

-190,375

-44%

513 DIVANI LARISA S.A.

1,103,313

1,115,000

-223,608

-191,170

-15%

514 REA S.A.

3,819,811

4,710,147

23%

-3,276,304

-198,536

-94%

515 MIRABELLO S.A.

5,582,471

6,383,815

14%

-264,139

-198,736

-25%

516 KRONOS S.A.

2,137,678

1,954,584

-9%

-626,526

-202,023

-68%

875,317

871,883

-0%

-159,525

-205,742

29%

518 CHONDRAKI G.&V. S.A.

7,692,037

9,360,788

22%

205,432

-209,767

519 EXETER S.A.

1,865,749

1,870,000

66,206

-210,000

664,646

606,401

-9%

-155,530

-211,388

36%

521 ALPHA INTERNATIONAL AIRLINES S.A.

1,106,167

1,732,053

57%

-276,360

-217,533

-21%

522 WHITE ROCKS S.A.

3,687,397

3,729,007

366,681

-218,758

523 MARGARITIS A. S.A.

2,050,000

2,020,000

-1%

-210,000

-220,000

684,555

563,506

-18%

-222,537

-226,816

517 TZELISI S.A.

520 XENIA ANAPLASI S.A.

524 XENODOCHEIAKI TRIKALON S.A.

TREASURES OF GREEÎ&#x161; TOURISM 2019

Name

Turnover 2015

Turnover 2016

Change (%)

525 HONEY MOON VILLAS S.A.

2,077,022

1,784,209

526 KORALI S.A.

1,851,257

1,910,990

527 BLUE DREAM PALACE S.A.

1,023,601

799,989

528 GEORGIOPOULOS M. S.A.

559,130

516,632

7,382,204

Pre Tax Profit 2015

Change (%)

114,838

-229,774

21,714

-233,774

-22%

-106,528

-234,094

120%

-8%

-207,332

-243,684

18%

6,389,730

-13%

360,530

-244,021

796,726

448,632

-44%

-19,429

-244,463

1158%

-311,814

-258,114

-17%

3,036,923

3,238,297

-901,065

-258,210

-71%

533 SOUTH COAST S.A.

650,617

930,757

43%

-524,745

-262,295

-50%

534 ELISSO HOTEL-TOURISM ENTERPRISES S.A.

799,074

810,494

-307,893

-263,383

-14%

535 LEDRA TOURISTIKI S.A.

3,478,805

3,560,622

178,861

-279,129

536 PANELLINIOS ETAIRIA S.A.

529 AMALIA S.A. 530 LESVOS TOURIST COMPANY S.A. 531 SANTORINI S.A. 532 PANELENI S.A.

-14%

Pre Tax Profit 2016

1,194,855

1,277,228

-203,560

-283,423

39%

537 MANDRAKI S.A.

634,806

575,923

-9%

-133,581

-284,248

113%

538 IONIKI S.A.

837,972

1,662,022

98%

-17,387

-299,497

1623%

539 KYNISKA S.A.

3,418,712

310,475

-91%

255,134

-299,714

540 ELLINIKAI AKTAI S.A.

6,268,818

1,829,193

-71%

156,406

-314,524

541 VARNIKOS S.A.

8,494,367

7,909,881

-7%

109,648

-331,461

542 GRECOTEL S.A.

24,724,343

12,830,489

-48%

-282,118

-331,853

18%

644,159

548,978

-15%

-276,920

-333,510

20%

14,510,462

16,245,961

12%

-1,919,043

-346,905

-82%

512,656

636,539

24%

120,087

-353,546

546 AMPHIKTYON HOTEL & TOURISM ENTERPRISES S.A.

1,187,504

1,123,356

-5%

-283,709

-357,434

26%

547 MENTZELOPOULOS HOTELS S.A.

1,348,640

1,287,445

-5%

-248,439

-366,166

47%

548 KOLYMBIA BAY S.A.

5,536,528

6,411,409

16%

-324,865

-366,583

13%

543 STOFOROS TH. S.A. 544 ELOUNTA S.A. TOURISM & HOTEL ENTERPRISES 545 PAPAPOULIOU G. BROS S.A.

549 MARGARONA S.A.

652,827

708,341

-442,309

-379,597

-14%

1,318,780

1,595,371

21%

-1,015,027

-381,622

-62%

551 DESPOTIKO S.A.

480,480

474,895

-1%

-273,392

-384,767

41%

552 KOSMOSEL S.A.

3,077,751

961,518

-69%

129,863

-399,211

553 AIROTEL S.A.

6,801,486

8,318,856

22%

105,993

-406,576

554 ARINA SAND S.A.

1,154,317

178,753

-410,210

555 OLYMPMAR S.A.

1,758,006

1,635,405

-7%

-354,131

-426,303

20%

556 GONTORAS A.&S. S.A.

1,353,796

1,703,575

26%

-297,186

-443,222

49%

335,409

257,683

-23%

-328,577

-493,987

50%

558 PROHOTEL S.A. (MON REPOS PALACE)

1,974,789

2,037,592

-130,522

-496,126

280%

559 ELIES S.A.

1,346,343

1,458,569

-694,348

-496,281

-29%

946,524

806,769

-15%

-482,851

-500,130

561 THRAKI PALACE S.A.

2,090,438

2,962,011

42%

-1,094,865

-516,119

-53%

562 GREEK AEGEAN HOTELS S.A.

3,648,029

3,793,950

-260,601

-524,345

101%

244,139

644,241

164%

-451,208

-527,634

17%

564 PORTO MYRINA PALACE S.A.

1,063,010

825,676

-22%

-549,987

-541,876

-1%

565 ILISSOS CONSTRUCTIONS S.A.

1,404,810

565,885

-60%

130,479

-546,237

566 BEACH HOTELS S.A.

3,674,133

3,577,213

-3%

-476,939

-571,455

20%

11,487,621

10,807,901

-6%

959,405

-576,968

1,774,465

-834,466

-587,680

-30%

550 BARMBAGIANNIS S.A. GRAND FOREST METSOVO

557 TAKOPOULOI A. BROS S.A.

560 THEODOROU K. - CHATZIDAKIS K. LTD.

563 ARIA HOTELS S.A.

567 THOLARI S.A. 568 DOMES CHANION S.A. 86

Name

569 MOURAYIO S.A.

Turnover 2015

Turnover 2016

Change (%)

Pre Tax Profit 2015

Pre Tax Profit 2016

Change (%)

13,219,776

13,500,512

1,311,591

-636,598

1,075,975

1,702,197

58%

-602,797

-679,550

13%

968,652

-351,185

-705,492

101%

971,955

877,009

-10%

-2,028,296

-723,398

-64%

573 ANTHOUSA HOTELS S.A.

2,667,581

2,867,673

-110,241

-797,227

623%

574 CYPROTEL RHODES S.A.

3,126,431

3,398,584

-2,215,896

-803,308

-64%

575 ERMIS HOTEL & TOURISM ENTERPRISES S.A.

3,594,883

4,115,348

14%

-808,156

-809,822

576 PROXTEA S.A.

3,044,253

2,712,917

-11%

-163,421

-815,294

399%

577 OLYMPION HOTELS S.A.

12,019,039

12,472,657

-1,321,093

-870,987

-34%

578 EPTEA S.A.

11,190,652

13,197,474

18%

-1,526,842

-882,939

-42%

5,869,942

5,884,531

-1,147,818

-891,673

-22%

570 HOTEL PHILIPPION PSACHOUDIA S.A. 571 ERGOEPISKEVES S.A. 572 ANANTI S.A.

579 MARITOUR S.A. 580 ARTY HOTELS S.A.

839,259

807,897

-4%

-726,218

-899,099

24%

581 E.MO.T. S.A.

3,523,949

3,453,302

-2%

-458,670

-934,786

104%

582 MITSIS K. S.A.

7,233,467

7,443,571

-564,083

-1,049,431

86%

583 VRACHATI HOTEL & TOURISM ENTERPRISES S.A. (ALKYON RESORT HOTEL & SPA)

2,323,931

2,416,793

-1,053,340

-1,115,935

127,059

133,460

-1,700,365

-1,119,159

-34%

584 PLEPI BEACH S.A. 585 K&M S.A.

6,260,000

-2,628,658

-1,260,585

-52%

586 MACEDONIA PALACE S.A.

9,404,725

8,712,286

-7%

-388,162

-1,291,211

233%

587 SOUNIO ENTERPRISES S.A.

7,223,190

6,891,734

-5%

297,469

-1,387,848

588 PAP HOTELS CORP. S.A.

5,821,464

6,262,005

-1,201,268

-1,431,260

19%

589 NISI PHAIAKON S.A.

5,519,705

5,485,061

-1%

-1,938,726

-1,432,428

-26%

590 PYRAMIS S.A.

2,248,012

2,548,974

13%

-2,475,858

-1,443,379

-42%

591 TOMES REAL ESTATE S.A.

7,431,338

7,627,391

1,699,898

-1,516,797

14,516,527

15,783,853

-1,452,656

-1,550,605

593 CHRISTOPOULOS BROS S.A.

4,113,452

3,985,774

-3%

-468,301

-1,636,781

250%

594 NITSIAKOS TH. S.A.

3,603,597

3,984,860

11%

-1,821,760

-1,687,038

-7%

595 AKS HOTELS S.A.

6,233,280

6,657,737

-2,126,085

-1,888,645

-11%

12,504,875

14,449,755

16%

-2,376,086

-2,115,702

-11%

2,060,476

1,808,686

-12%

-631,488

-2,172,161

244%

592 T.E.I.M. BLUE GR S.A.

596 IKOS OCEANIA S.A. 597 MYKONOS GRACE S.A. 598 AKTI ARIADNI S.A. 599 ILIOS S.A. 600 PORTOCHELI HOTEL & MARINE S.A. 601 ELINTOUR S.A. 602 MITSIS COMPANY - GREEK HOTELS S.A. 603 DAKTYLIDI EL. S.A. 604 MED SEA HEALTH A. E

6,147,555

6,724,008

-2,450,832

-2,331,058

-5%

24,380,292

27,104,121

11%

-6,749,810

-2,820,122

-58%

1,967,178

2,472,942

26%

-2,505,336

-2,991,840

19%

2,692,870

3,461,935

29%

-3,695,734

-3,226,753

-13%

39,474,874

39,108,827

-1%

-2,199,102

-3,395,938

54%

4,590,366

4,787,929

1,092,106

-3,702,883

8,496,305

-901,267

-3,723,613

313%

605 PORTO CARRAS S.A.

37,785,988

27,251,711

-28%

6,101,817

-4,519,964

606 AQUIS HOTELS AND RESORTS S.A.

22,948,924

10,706,337

-53%

-1,682,677

-4,834,323

187%

607 DIAKOFTIS S.A.

7,949,020

8,252,714

3,848,479

-7,763,992

608 KAPSIS TOURIST COMPLEX S.A.

4,553,655

8,476,233

86%

-9,494,106

-7,785,082

-18%

609 ASTIR PALACE VOULIAGMENI S.A.

25,139,000

30,230,000

20%

-1,936,000

-8,520,000

340%

610 ATTIKOS ILIOS S.A.

15,097,975

14,635,880

-3%

-11,746,480

-9,383,162

-20%

TREASURES OF GREEΚ TOURISM 2019

APHRODITE BEACH RESORT MYKONOS

Feel the Warmth! Aphrodite Beach Resort Mykonos is majestically and amphitheatrically built right in front of a unique two km long while sandy beach with crystal clear waters, the well known Kalafatis Beach , the only beach in Mykonos, awarded with the international “Blue Flag” award, acclaimed for its clear blue waters, safety, and well organized beach and services. Also, this year was received the “BLUE FLAG BEACH 25 YEARS CERTIFICATE” for achieving excellent standards in the fields of environmental education, water quality, environmental management and safety from 1994 to 2018. More than just a place to stay, Aphrodite Beach Resort is a destination on its own, a resort, that combines unique and modern facilities married to a very highly professional and friendly staff. Impeccable service, magnificent cuisine, ranging from “A La Carte “ restaurants with fresh fish of the day…. to “Fine Dining” with well known branded grilled premium steaks, all attentively prepared by our awarded Executive Chef. Lively Bars and Beach area with resident D.J., a spacious sea view swimming pool, 2 private “on site” chapels ideal for weddings ,gym and recreation area, boutique and gift shops, water sports, free Wi-Fi are some of the resort’s wide variety of facilities. Aphrodite Beach Resort is a Family-Owned business for Three Generations as it completes 51 years of operation. It is an elegant, refined and professionally operated hotel, matching a wide range of facilities with a warm and personalized service, dedicated to our visitors complete relaxation and pure satisfaction, in one of the most unique and cosmopolitan islands in the World. Let us be your Hosts!......

Kalafatis, Mykonos GR-84600 Tel.:+30.22890.71367/8 E-mail: info@aphrodite-mykonos.com Website: www.aphrodite-mykonos.com 88

TREASURES OF GREEΚ TOURISM 2019

A true feeling of warmth and style from the minute you enter Atlantica Porto Bello Hotels are owned by Konstantinos J. Paterakis and sit in a hideaway spot on the southeast coast of Kos, 9km away from Kos Hippocrates International Airport. It’s a peaceful location and ideal for those wanting to switch off. The livelier resort of Kardamena is just 3km away where you will find a full variety of bars, restaurants and shops. Atlantica Porto Bello Royal, is a cosmopolitan 5* All- Inclusive resort which has been carefully designed to allow every holidaymaker the change to unwind within an elegant environment. Built in 2004, the Hotel is made in a modern, Mediterranean design with a total of 430 luxury rooms and suites and stylish interiors. Most of the rooms offer spacious living and surround the twenty- four amazing swimming pools. Double rooms with garden or sea view, swim-up rooms with private pool, royal and junior suites, and maisonettes. All rooms are fully furnished with internet access in all rooms and hotel areas. The property is suitable for disabled guests and there are rooms adapted for wheelchair access. The hotel offers facilities as spa, fish spa, hair salon, fully equipped fitness room, tennis and basketball court, beach volley, children’s club, water sports, shops, conference room, full day time and evening entertainment. Focal point for this luxurious hotel is the variety of the dining options from a traditional Greek tavern to Italian and Asian delights and a Gelateria, offering a taste of the intercontinental flavors for the sweet tooth. Atlantica Porto Bello Beach, is a family 4* All- inclusive resort. Build in 1989, the hotel is a real treat for all the family with the new water park for all ages, which has been ranked in the top 25 waterparks in Europe. With a total of 305 rooms and a private marina, the large pool takes centre spot at the hotel and there are four different restaurants and three bars to enjoy. And if that’s not enough then there is a variety of day time and evening entertainment, children’s club, a tennis and basketball court, beach volley and watersports, a wonderful spa and fish spa where you can spend your holiday. n

Atlantica Porto Bello Hotels Atlantica Porto Bello Royal Kardamena Kos, Gr-85302 Tel. (+30)22420 92101-4 Email. reservations_porto_bello_royal@atlanticahotels.com Web: www.atlanticahotels.com 90

Atlantica Porto Bello Beach Kardamena Kos, Gr-85302 Tel. (+30)22420 91217 Email. reservations_porto_bello_beach@atlanticahotels.com Web: www.atlanticahotels.com

TREASURES OF GREEΚ TOURISM 2019

Experience the Cretan Hospitality!!! The business Theofilos Chalkiadakis SA – Cactus Hotels was founded in 1980 as a tourist accommodation unit with only 27 rooms. The idea, the goals and the vision have become the driving force for its development, as today the business consists of a family of accommodation with the distinctive title Cactus Hotels with a capacity of 740 rooms of different categories. Cactus Hotels is a family owned Hotel ownership and is located in Stalis, on the northern coast of the island of Crete. Cactus Royal 5* consists of total 177 rooms in different buildings, 16 of which are suites and 8 double rooms with private pool. The main restaurant and the a la carte restaurant offer a unique culinary journey of high standards. Cactus Royal offers 1 main Bar, 1 pool Bar and 1 café, three freshwater outdoor swimming pools and one indoor pool. Cactus Beach 4* consists of total 330 different types of rooms, 230 Nikos Chalkiadakis double, 50 family and 50 junior suites. At the premise you will find 2 CEO, Cactus Hotels freshwater outdoor swimming pools with an integrated children’s pool, a main restaurant and an a la carte restaurant and also 2 pool bars, 1 main bar and 1 beach bar. Cactus Bay 4* consists of total 36 rooms, 19 of which are junior suites and 17 double rooms. The premise offers one freshwater outdoor swimming pool and one pool / main bar. All facilities of Cactus Beach are available for Cactus Bay guests. Cactus Village 4* is the annex of the resort Cactus Beach and consists of 50 rooms, 10 of them are junior suites and 40 double rooms. The hotel offers 1 a la carte restaurant, 1 pool bar and 1 outdoor freshwater swimming pool. Cactus Mare 5* consists of 91 rooms from which 79 is double rooms, 2 double rooms with private pool, 2 double rooms with sharing pool, 1 suite with Jacuzzi, 3 suites and 4 suites with sharing pool. The hotel offers 1 outdoor freshwater swimming pool, 1 main / pool bar, 1 beach bar and 1 main restaurant. Experience tranquility by undertaking Spa & Fitness Services. The core of enterprise philosophy is the concept of sustainable development. The business recognizes the competitive advantage stemming from sustainable strategies and thus balances the success between profit, preservation of the environment and the well-being of society. n www.cactushotels.gr Cactus Royal Spa & Resort Tel.: +30 28970 35001 Fax: +30 28970 35080 E-mail: info@cactusroyal.gr

Cactus Beach Hotel & Bungalows +30 28970 31319 +30 28970 31589 info@cactusbeach.gr reservation@cactusbeach.gr

Cactus Bay

Cactus Village

Cactus Mare

+30 28970 31319 +30 28970 31589 info@cactusbeach.gr reservation@cactusbeach.gr

+30 28970 32323 +30 28970 31369 info@cactus-mare.gr reservation@cactus-mare.gr

TREASURES OF GREEΚ TOURISM 2019

Caldera Group Krommydakis S.A. Caldera Group of Companies was founded by Mr. Eutychios Krommydakis in 1993 in Chania, Crete, Greece. The initial activity of the company (E. Krommydakis SA) was construction industry. Today however, the Group has expanded greatly its original corporate purposes, being active in the following core business areas - objects: ■ Construction and Renovation of hotel units ■ Management and Operation of Hotel Units ■ Construction and Management of Luxury Villas ■ Manage other Assets and Land ■ Identify and Buy of Land for future growth or capital exploitation. The Hotel Managment and construction, remain the principal activities of the Group. Regarding the Hotel business, Caldera Group has full ownership of four (4) hotels and participates in other two (2). Also it plans other projects until the market conditions, the financing possibilities and the existence of a strategic investor, allow their realization. Caldera group includes the following hotels and resorts: Caldera Creta Paradise Resort & Spa, Caldera Palace Hotel & Resort, Caldera Beach Resort, Caldera Bay Hotel, Caldera Village Hotel, Caldera Villas and Alexandra Beach. n

Foumidon 35, 73131, Chania Tel.: +30 28210 74440 Website: www.calderabeachhotel.com 94

TREASURES OF GREEΚ TOURISM 2019

Grecotel – the leading Luxury Hotels & Resorts in Greece The name of Grecotel is synonymous with quality hotels, personalised service, traditional Greek hospitality and a caring concern for the environment and culture of Greece. Almost four decades since its formation in 1981, Grecotel S.A. is the largest hotel chain in Greece with 32 resort hotels and a total room capacity of 6,000 beds. The Grecotel Resort hotels (4*and 5*) are located in Crete, Corfu, Chalkidiki, West Peloponnese, Rhodes, Mykonos, Kos, Athenian Riviera, Athens, Larissa, Alexandroupolis. According to Greek market statistics Grecotel S.A. ranks as No. 1 Greek hotel group with 4% of total 5-star and 4-star hotel turnover [source ICAP 2017]. The Grecotel Group has been awarded with thousands of national and international distinctions for its excellence and contribution to tourism, hospitality service, organic cuisine, environmental protection and sustainability, improving local communities and much more. The Group consists of five distinctive collections – Exclusive, Lux.Me, Luxury, Family and City Hotels & Resorts. Each of the 32 luxury hotels and resorts has a distinct character, with a strong focus on design, inspired by its stunning surroundings many being close to notable Greek archaeological sites. The accommodation caters for every taste and whim: sea view rooms, family suites and bungalows with the option of a private pool and gym, and exclusive villas. Grecotel excels when it comes to its service culture, always striving to surprise and delight. The warmth of the Grecian hospitality is one of many reasons guests return to a Grecotel resort year after year. Over 6,300 personnel are employed in the Grecotel offices and hotels, making it the most significant employer in the Greek hospitality sector. The Privilege Club loyalty scheme was founded in 1996 as the first hotel loyalty scheme in Greece. Today it has over 200,000 members and has recently undergone a total relaunch with a world of unique new benefits for members.

Nikos Daskalantonakis founder of Grecotel Group

64B Kifissia’s Ave., GR-151 25 Maroussi, Athens, Greece Tel. +30 210 72 80 300, 210 37 43 600 Email: contact@grecotel.com Website: www.grecotel.com #myGrecotel, @grecotel 95

TREASURES OF GREEΚ TOURISM 2019

Divani Collection Hotels

Create Your Own Divine Moments For over 60 years, Divani Collection Hotels have exemplified Greek hospitality and have become synonymous with luxury, comfort and service. We view hospitality as an art form, paying painstaking attention to every detail, with the sole aim of satisfying our guest – you. With this philosophy in mind, we have trained every member of staff at our luxury hotels in Greece to be effticient, courteous and committed. When you book your luxury accommodation in Greece or organize your event at one of our exceptional hotels, your needs will be met and your expectations exceeded. With an atmosphere of refinement, comfort, and hospitality in every one of our offerings, we create something that discerning travelers have been enjoying for decades – a true home away from home. n

2 Vassileos Alexandrou Ave, 16121, Athens, Greece Tel.: +30 210 72 07 000 Fax: +30 210 72 36 683 E-mail: info@divanicaravel.gr Website: www.divanis.com 97

TREASURES OF GREEΚ TOURISM 2019

ELECTRA HOTELS & RESORTS

When luxury meets hospitality Since the first Electra hotel opened back in 1965, Electra Hotels and Resorts’ history has been one of warm, luxurious hospitality services. Operating under the philosophy of traditional Greek hospitality, we aim at creating a comfortable environment full of luxurious details, from which our honored guests can explore Greece’s main cities or the island of Rhodes, one of the country’s most celebrated islands. For half a century, we have hosted more than 7 million discerning travelers in our properties in Athens, Thessaloniki and Rhodes, treating each and every one of them as family. As we embark towards our centennial, we plan to keep on doing just that: creating a sumptuous hospitality experience fit for the 21st century traveler that is still warm and familial – just as you know us to be. In September 2016, the Electra family has welcomed a brand new property in Athens! Elegant and inviting, “Electra Metropolis”, located in the heart of Athens is the place to stay whether you are here for business or pleasure. Modern with a classical twist with 216 modernly equipped rooms and suites and a unique sky-light Atrium at the center of the hotel and an exquisite Roof Garden, “Electra Metropolis” will offer you a personalized stay with a modern Greek hospitality approach, based on Electra Hotels & Resorts core values. n 98

Electra Hotels & Resorts 44, Voulis Str., 105 57 Athens, Greece T: +30 210 3370 097 F: +30 210 3241 875 E: info@electrahotels.gr U: http://www.electrahotels.gr

TREASURES OF GREEÎ&#x161; TOURISM 2019

Esperia Group Esperia group has been active in the hospitality industry, since 1969 when it operated the first hotel of the group, the Esperia City Hotel. Since then, the vision of the founder of the group, Mr. Stathis Vassilakis , for providing the authentic, traditional Rhodian hospitality combined with excellent service and high quality hotel facilities, was the shared vision of the family of Esperia. With respect to the environment, the local community and economy that the Esperia Group actively supports by offering hundreds of jobs, and by cooperating with local producers and suppliers the Esperia Group is one of the largest hotel groups in Rhodes. Our loyal, talented, experienced associates, are working tirelessly with responsibility and passion, continuing to deservedly gain the confidence and trust of our guests with a smile that comes straight from the heart. With tradition of half a century in hospitality and tourism in general, the group has today a potential of six hotels in Rhodes, one of Europe's largest water parks "The Waterpark", car rental with a fleet of over 200 cars, professional laundry facilities , as well as the island's most popular beach bar. Through all these years with dedication and flexibility in changing times, needs and requirements as they prevail in the modern tourist environment, the hotels of Esperia, each with different character and identity, are successfully covering the needs of our visitors. The hotels of the group have been distinguished with many quality and environmental awards and have received ISO certification, while their organized beaches are awarded for several years with the international Blue flag award. n

P.o. Box: 202, Faliraki, 85100, Rhodes, Greece Tel: + 30 22410 84300 Fax: + 30 22410 85744 Email: info@esperiagroup.gr Website: www.esperiagroup.gr

TREASURES OF GREEΚ TOURISM 2019

Hotel Grande Bretagne

A Luxury Collection Hotel Located opposite Syntagma Square as well as within walking distance of exclusive shopping areas and museums, Hotel Grande Bretagne enjoys the ideal location in the city centre. This eight story 19th-century building exudes wealth and refinement from the first impression, while it has been repeatedly awarded by significant international communities. With meticulous attention to detail, the 320 rooms and suites marry charming old-world elegance with state-of-the-art facilities whereas the 58 suites enjoy additional benefits including personalised Butler Service. Guests can indulge themselves within the multi-awarded GB Spa as well as experience the utmost dining service within the following available restaurants: The GB Roof Garden is ideal for a romantic rooftop meal, while the Winter Garden is renowned for its afternoon high tea and live entertainment. Guests can also enjoy wine tasting in The Cellar. The GB Pool Bar offers healthy snack options whilst the Alexander’s Bar makes guests want to linger over a classic cocktail or exquisite cognac. Finally, the Alexander’s Cigar Lounge, offers a relaxed setting to enjoy fine wines, premium cigars, cognacs and liquors with friendly and discreet service. Hotel Grande Bretagne has restored its status as the ultimate choice for refined business meetings and lavish social affairs. Featuring over 1,100 square meters of exquisite function space, the hotel offers the Grand Ballroom, Golden Room, Royal Room, Athenian Hall and its smaller meeting rooms: Boardroom, Churchill’s, Chairman’s, Diplomat’s, and the Executive Room. Concierge Exclusive: The Acropolis and the milestone of Parthenon are located within walking distance of 1.0 km from the Hotel Grande Bretagne. Plaka is the old historical neighborhood of Athens clustered around the northern and eastern slopes of the Acropolis. The “Monastiraki Flea Market” is the place where unique antiques and indigenous gifts can be bought as well as the place where the utmost hand-made selection of souvenirs can be observed. It would be a miss not to mention that within easy walking distance are also the Ancient Agora, the Lycabettus Hill, and the Original Olympic Stadium. n

100

Tim Ananiadis,

General Manager & Managing Director

Syntagma Square, 10564, Athens, Greece Tel. +30 210 3330000 Fax: +30 210 3228034 Email: info.gb@starwoodhotels.com Website: grandebretagne.gr luxurycollection.com/grandebretagne

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TREASURES OF GREEΚ TOURISM 2019

H Hotels Collection

Hospitality starts with an H One of Greece’s leading hotel groups, the prestigious H Hotels Collection constitutes six 4* and 5* properties on the southern coastline of Rhodes, incorporating some of the island’s most beautiful landscapes and capturing the timeless atmosphere of this truly incomparable destination. Clustered a short distance from the picturesque, whitewashed town of Lindos and ideally located for exploring this most intriguing of Greek islands, the H Hotels Collection includes the Mayia Exclusive Resort & Spa, Princess Andriana Resort & Spa, Boutique 5 Hotel & Spa, Lindos Princess Beach Hotel, Rodos Princess Beach Hotel and Princess Sun. Each hotel is a labour of love for the Hatzilazrou family, who aim to fulfil the desires and earn the trust of luxury travellers from across the globe. Over the past 25 years, the Collection has worked tirelessly to become one of the leading familyrun hotel chains in Greece, blending a passion for authentic hospitality with a flawless eye for detail and a devotion to delivering memorable and unique travel experiences. Arriving at their chosen property, each and every guest is welcomed into a world of indulgence and luxury, enjoying a familial style of hospitality that comes straight from the heart. Each hotel embodies the Hatzilazrou family’s vision of purity, quality, comfort and originality, with many rooms offering H Hotels Collection Lardos, GR-85109, Rhodes Tel.: +30 22440 39000 Fax: +30 22440 29231 E-mail: info@hhotels.gr, www.hhotels.gr

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unrivalled panoramic views of the warm Mediterranean Sea. Soak up the hot sunlight beating down upon the soft sands of Kiotari beach, breathe in fresh air thick with the scent of pine, eucalyptus and jasmine, and marvel at the mirror-like stillness of the cerulean sea, whose soft sighing forms the backdrop to moments of pure relaxation under the bright summertime sky. A favourite summer destination of travellers from around the world, Rhodes’ southerly location makes it one of Europe’s sunniest islands. Due to its position on the eastern edge of the Mediterranean, the island has long acted as a crossroad of cultures, resulting in a heady mix of architectural styles, culinary techniques and local designs. A short journey into Rhodes Town unveils the echoes of this historical melting-pot of civilisations, from the imposing medieval Grand Master’s Palace to the delicate Suleymaniye Mosque, juxtaposed with the elegant Jewish Quarter and the surprising Italian colonial architecture of the New Town. Meanwhile, the islands’ interior is painted out in bold brush-strokes of vibrant yellow and green, whilst the delicate coastline is a marbled fringe of blue sea, white rock and golden sands. Today, visitors to Rhodes will discover a place of natural beauty, with a cosmopolitan outlook and local generosity of spirit that is guaranteed to captivate the soul for years to come. n

Ioannis Hatzilazarou President & Managing Director, H Hotels Collection

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TREASURES OF GREEΚ TOURISM 2019

La Perla Villas & Suites

Ioannis Ceo

La Perla Villas & Suites is a luxury, boutique hotel situated in the northern part of Santorini in Greece. Located on the famous Caldera of Oia, every cave house or villa offers unobstructed views of the stunning volcano and the Aegean Sea below. Officially characterized as “traditionally built” by the Greek National Tourism Organization (GNTO), La Perla Villas & Suites mixes the old and the new with its modern décor and luxurious amenities. Its perfectly trained staff is at your side from the moment you book your stay until the moment you need to say “goodbye”. Always ready to take care of all that you might need, they are eager to ensure that your stay is an experience to remember. Upon arrival at La Perla Villas & Suites you immediately step into a luxurious world where professional staff take pride in their ability to assist and meet every conceivable need of yours. They are also pleased to offer a personalized concierge service to all the guests. This service is available from the moment of the booking confirmation until the Moutsatsos, end of your stay so that you have the chance to experience all the thrills of the island of Santorini in the most relaxing way. Last but not least, one of the best luxury hotels in Santorini, La Perla Villas & Suites, is ready to accommodate you on your special occasions as well, such as your honeymoon stay. Should you wish, they can offer you some elegant touches of the utmost romance upon request. A range of delegate experiences, which reflects the unique character of this destination, along with a seamless service from start to finish awaits you at La Perla Villas & Suites to make your trip a real … success. Are you ready to live your myth? n

Oia, Santorini Island 84702 Cyclades, Greece Tel.: +30 22860 71510 Fax: +30 22860 71865 Email: info@laperlavillas.com Website: https://www.laperlavillas.com/contact 104

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TREASURES OF GREEΚ TOURISM 2019

Louis Hotels As a member of the Louis Group, Louis Hotels, with over 77 years in the hospitality industry has a leading position in the hotel sector in both Cyprus and Greece with 9 hotels in Corfu, Zante, Mykonos, Crete and Rhodes (majority owned) and 16 hotels on the most popular Cyprus resorts. Louis Hotels features an impressive portfolio of 25 four and five-star hotels including the Hilton Park in Nicosia which is managed by Hilton Hotels Corporation and the Mykonos Theoxenia, a deluxe boutique hotel in Mykonos and member of "Design Hotels". With over 13,000 beds that welcome more than 200,000 visitors per year in 6 enchanting destinations, Louis Hotels offers to the modern traveler a “Happy Place”. For family holidays, for active holidays, or simply for a tranquil escape on a magnificent Mediterranean beach, Louis Hotels satisfies every segment of the holiday market and is a leader in the All-Inclusive sector; being synonymous with value for money holidays in Cyprus and on the Greek islands. Louis Hotels continuously excel and surpass guests’ expectations. With emerging technologies and evolving guests’ needs Louis Hotels embraces contemporary trends of the hospitality industry. Recently, the chain has launched its 4 new collections (Villa, Elegant, Premium Family and Active Family) to enhance the guests’ standards regarding accommodation and dining for a truly memorable experience. The collections help travelers to choose the ideal hotel in line with their budget. All the hotels provide the Louis experience: warm hospitality, value for money, a local experience and the friendly service of the multilingual staff. A number of hotels in Cyprus and Greece can host civil marriages on their premises offering special incentives for couples. Also selected hotels in Greece and hotels in Cyprus can host conferences and business meetings. Visit Louis Hotels and experience your “Happy Place”! n

Karagiorgi Servias 3-5 & Nikis 2, 10562, Athens, Greece Tel.: +30 210 3749100 Fax: +30 210 3229950 Email: info@louishotels.com Webmail: louishotels.com 106

Jason Perdios

CEO of Louis Hotels

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TREASURES OF GREEΚ TOURISM 2019

MITSIS HOTELS

Hospitality Legend As Greece’s largest privately-owned hotel chain, MITSIS HOTELS has been pioneering for over 40 years now, making its own mark on Greece’s tourist industry, driven by a customer-centered philosophy and the promise of an unparalleled holiday experience. With 17 hotels in its portfolio righteously representing its motto “Unique Destination”, MITSIS HOTELS invites you to live the Greek dream in some of the most beautiful destinations of the country, under the sunlight of the Greek islands or amid the history and culture of mythical cities - in Athens, Crete, Kamena Vourla, Kos and Rhodes. Every handpicked location lends its unique landscapes to the hotels, whilst each of the hotels, situated perfectly in its natural surroundings, boasts its own character, couleur locale and architectural style. The group is offering added value and excellent service at every one of its hotels, throughout its rich hospitality blend - premium, luxury, city & resort, boutique & all-inclusive hotels. Lavish facilities, recreational venues, delicious food, well-equipped meeting rooms and relaxing beauty & wellness services - all is in place to provide anything you might think of, whether you are travelling on leisure, business or enjoying your honeymoon. Additionally, the Group’s staff is committed to offering guests Mitsis’ celebrated service and an unforgettable stay. MITSIS HOTELS has been awarded several prizes by local and international tour operators and travel organizations in recognition of the high quality of the services provided, its contribution to upgrading local tourism and its respect for the environment. The chain MITSIS HOTELS S.A. was founded by Kostas Mitsis in 1976 and represents the most important of a series of activities of the Mitsis Group of Enterprises. The foundations for the creation of the Group were laid on the 5th of September 1954, when the first textile industry was created, signaling the beginning of a long successful career, which evolved at a fast pace: textile industry, wine production, constructions and mass media. In 1976, the first hotel unit operated on Kos island, leading to the creation of a large Hotel Group featuring 17 hotels & resorts in Greece’s most beautiful destinations.

12 Filotheis St., 11147 Galatsi, Athens – Greece Tel.: +30 210 2134644, +30 210 2917027 Fax: +30 210 2917672 Email: info@mitsishotels.com Website: https://www.mitsishotels.com 108

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TREASURES OF GREEΚ TOURISM 2019

Radisson Blu Park Hotel Athens

Radisson Blu Park Hotel, the natural choice Our stylish 5-star Radisson Blu Park Hotel places you right in the center of Athens. First opened its doors in 1976, the hotel sits at the edge of Pedion tou Areos, one of Athens’ largest parks, only a short stroll to the National Archeological Museum. The city’s vibrant atmosphere and immense history are at your doorstep. Comfortable and contemporary styling welcomes you in all 160 rooms, Business Class rooms and suites. Free high-speed wireless Internet, marble bathrooms and individual climate control come standard. To help you maintain your routine, or to relax after a busy day, we have an in-house fitness center that features a sauna and steam room. Our rooftop pool is also an ideal spot to bask in the sunshine (during summer period), with fabulous view of the city. Our dedicated meetings and events staff makes planning events and occasions simple. Facilities include three well-equipped conference rooms, Silver Forest, Atlantis & Green Garden, that span 550 square meters and cater to any occasion, from oneof-a-kind weddings to impressive corporate events. For something more intimate, St’ Astra roof-top restaurant bar, on the hotel’s 8th floor, features unobstructed views of the city and a space for parties. When it comes to onsite dining, you’re spoiled for choice. The Oak Room Café is the perfect spot to indulge in coffee and cake after a morning of exploring. And St’ Astra, on the top floor, is a dining experience like no other. Here you’ll savor craft cocktails and special dishes, with stunning views to the iconic Acropolis. n 110

Radisson Blu Park Hotel Athens 10, Alexandras Avenue, GR-10682, Athens Tel.: +30 210 889 4500 E-mail: info@rbathenspark.com www.radissonblu.com/hotel-athens

Mari Deverikou

Managing Director 111

TREASURES OF GREEΚ TOURISM 2019

Rethymno Mare & Royal Water Park Hotels

Welcome to Rethymno Mare & Royal Water Park!!!

In the heart of the most important civilization of the ancient world, the Minoan and the birthplace of the leader of the Olympian Gods, famous for its hospitality, Xenios Zeus, and in a picturesque tourist area of 35.000 square meters located Rethymno Mare hotels a 5-star beachfront complex. It is the luxury and comfort, combined with the aesthetic and beautiful environment, providing high quality accommodation. After the last renovation in 2015, your stay in comfortably appointed rooms of Rethymno Mare and Royal hotels now combine, not only traditional, but also modern styling and all the amenities you need. In addition, the notable gardens and the endless beaches lying ahead, offer the visitors the world-famous Cretan hospitality. Rethymno Mare & Royal Water Park is a hotel complex, 11 Km from the beautiful city of Rethymno and 64 Km from Heraklion, the capital of the island of Crete. The view is a combination of blu sea, with its endless beaches and unique natural landscape. Scaleta is a small village with hotels, restaurants, taverns, bars and shops. The organized beach with changing cabins, showers etc., just 100m from the hotel, can be reached through a lift and a tunnel. There is a regular bus service from the hotel to the cities of Rethymno, Chania and Heraklion. 112

Rethymno Mare is certified for HACCP procedures and from the Foundation for Environmental Education (FEE) with the Green Key Eco Label, and participates in the “we do local” label. It has received an excellent grade for 2016 from Trip Advisor. Rethymno Mare consists of 64 superior rooms with balcony, sea or garden view (up to 3 adults or 2 adults & 2 children), 46 deluxe rooms with hydro massage in the bathroom, balcony, sea view (up to 3 adults or 2 adults & 2 children), 6 sharing pool family suites with 2 separate bedrooms, side sea view (up to 3 adults or 2 adults and 2 children), 40 family suites, from which some of them have a hydro massage in the bathroom, balcony, sea or garden view, ideal for families with children (up to 4 adults or 2 adults and 2 children), 26 one-bedroom suites (up to 4 adults or 2 adults and 2 children), 7 junior suites (up to 3 adults or 2 adults and 2 children). All units are elegantly furnished with private bathroom, toilet, balcony, music in the room and bathroom, telephone with a direct outside line both in room and bathroom, hair dryer, sat-tv with flat screen, safe, individual air condition – heating, refrigerator and tea & coffee making facilities (free of charge). In all units there are bathrobes and slippers, and upon arrival, mineral water & fruits (free of charge). n

Manolis Tsakalakis

CEO, Rethymno Mare Hotels

Rethymno Mare & Royal Water Park Hotels Scaleta, GR-74100, Rethymno, Crete Tel.: +30 28310 71703 Fax: +30 28310 71734 E-mail: rethmare@otenet.gr www.rethymnomare.gr 113

TREASURES OF GREEΚ TOURISM 2019

Sani Resort

Services of a world class resort Sani Resort is an ecological reserve offering the services of a world class resort while at the same time maintaining a human scale as well as protecting its surrounding environment of unique beauty. In its 1000 acres of natural beauty, there are 5 internationally awarded five-star hotels, offering a wide range of leisure facilities and accommodation including 2 and 3-bedroom suites, a private marina, 7 km of immaculate sandy beaches, over 40 bars and restaurants and a wide range of sporting and wellness facilities 5 HOTELS (Open: April-October)

Sani Beach Sani Club Porto Sani Sani Asterias Sani Dunes

ocation: Kassandra Peninsula, Halkidiki, L Northern Greece l 80 km from Thessaloniki (SKG) Airport, 3 hours flight from most European airport l 120 ha of private forest and a neighboring 110 ha public bird sanctuary and natural forest l 7 km of white sandy beaches with EU Blue flags l Private Yacht Marina with shopping piazza Andreas Andreadis l Dine around at 22 restaurants ranging from CEO, Sani Resort traditional greek to Michelin-star options l 20 Bars and cafes l 5 luxurious spas l Sports center with UEFA approved football pitch, 6 tennis courts, beach volley, football and sailing academies l Water sports, diving and paintball centers l Extensive children’s facilities, such as a mini-club, crèche ad Teen House l Open air Garden Theatre with a capacity of 500 guests, a fully covered stage and its own bar and service l Sani Festival and Sani Gourmet n l

114

Sani Resort Kassandra, GR-63077, Halkidiki Tel.: +30.23740.99400 Fax: +30.23740.99508 E-mail: info@saniresort.gr www.saniresort.gr

115

TREASURES OF GREEΚ TOURISM 2019

Sbokos Hotel Group

Elegance and luxury with a “scent” of Crete At Sbokos Hotel Group our uncompromised dedication to exceptional service, tradition of authentic Cretan hospitality and our commitment to ecological responsiveness exceed our guests’ expectations. As part of our company culture, our well-trained staff serves our guests with warm, friendly and personalized service, creating memorable experiences as well as loyal, returning guests. Each hotel and resort is designed to enhance a different vacation experience from a world class luxury retreat and a romantic beachfront getaway to a traditional Cretan estate and a memorable family escape. Crete’s natural beauty is equaled only by the richness of its history: crystal clear beaches, traditional villages and dramatic landscape, create a perfect blend. All our Hotels & Resorts are ideally positioned to benefit from all of the island’s treasures. Heraklion International Airport is the primary airport and within near reach. n

Agapi Sbokou

Managing Director 116

Head Office: Leoforos Dimokratias 67, GR-71306, Heraklion, Crete Tel.: +30 2810 334034 Fax: +30 2810 334037 E-mail: info@sbokoshotels.gr www.sbokoshotels.gr 117

TREASURES OF GREEÎ&#x161; TOURISM 2019

Zante Hospitality Group

Hospitality meets 5* experience

Zante Hospitality Group (ZHG), with a long standing reputation in the hospitality industry, owns and manages, the Zante Park Resort & Spa and Galaxy Beach Resort, two of the most prestigious hotels operating in the Ionian Island of Zakynthos, as well as XT Travel Services, a leading Travel Agency in Athens. n

118

Zante Park Resort & Spa: A piece of Oasis In between the idyllic natural landscapes, the absolute visiting experience awaits for you to capture it: the Zante Park Resort & Spa. Whether you are visiting Zakynthos for work or for leisure, our hotel will welcome you warmly and satisfy your every need, wholeheartedly. Synonymous to comfort and luxury, Zante Park Resort & Spa features 140 luxury rooms and suites in its renewed facilities that are designed to offer the visitors dreamlike vacations, enhanced with notes of wellness.

Galaxy Beach Resort: A piece of Paradise The Galaxy Beach Resort will give you the opportunity to experience all aspects of Zakynthian hospitality within a frame of relaxation, euphoria and gastronomic enjoyment. Situated in the magical Gulf of Laganas, the Galaxy Beach Resort has the warmest welcome for you. Our 125 elegant rooms and family suites, are designed to offer high standards of hospitality, so that visitors can fully enjoy the best features of the island without worrying about anything.

XT Travel Services XT Travel Services, Member of IATA, HATTA, SCAL , provides fullrange, global travel services and tailor-made, innovative and creative programs, to transform any travel or business arrangement, into a unique event. Air & Sea Tickets Individual & Group Packages Business, Travel & Incentives ,Wedding Planning, Honeymoon Packages, Exotic Destinations, Historic Tours, Private & Organized Tours, Cruises & Yachting, Rent-A-Car & Transfers

Zante Park Resort & Spa P.O.Box 191 Laganas, GR-29100, Zakynthos Tel. : +30 26950 52310 Fax: +30 26950 51949 E-mail: zantepark@zanteparkhotels.gr www.zanteparkhotels.gr

Galaxy Beach Resort Laganas, GR-29100, Zakynthos Tel.: +30 26950 51171 Fax: +30 26950 51177 E-mail: galaxyhotel@zhg.gr www.galaxybeachresort.gr

XT Travel Services 1 Omirou Str., GR-17121 Athens Tel.: +30 210 9343468 Fax: +30 210 9356512 E-mail: xttravel@xttravelservices.gr www.xttravelservices.gr

Christina S. Tetradis Managing Director

119

TREASURES OF GREEÎ&#x161; TOURISM 2019

TEMES S.A.

A leading investor, developer and operator VISION To transform Greek tourism through innovative, high-quality products & experiences and create value through developing sustainable destinations. AT A GLANCE Founded in 1997, TEMES is a leading investor, developer and operator in the high-end tourism and real estate sector in Greece. It is owned by long-term and committed shareholders â&#x20AC;&#x201C; the Constantakopoulos family (c.75%) and the Olayan Group (c.25%). Main investments include the Costa Navarino destination development, as well as a 50% stake in an iconic hotel in Athens, managed by Hilton. TEMES has proven ability to develop innovative, large-scale concepts and well-positioned to exploit attractive investment opportunities across the wider Greek leisure and real estate industry. COSTA NAVARINO - THE PRIME SUSTAINABLE DESTINATION Costa Navarino is located in the Greek region of Messinia in the southwest Peloponnese. Comprising five distinct sites, Costa Navarino is being developed by TEMES across a total land area of 1,000 hectares, with 5-star hotels, quality facilities, residential real estate and four world-class golf courses. Navarino Dunes, the first area, is home to two luxury 5-star hotels, The Romanos, a Luxury Collection Resort and The Westin Resort, Costa Navarino; The Dunes Course, the first signature golf course in Greece; Anazoe Spa, a 4,000sq.m. spa & thalassotherapy centre; the state-of-the-art conference centre House of Events; specially designed facilities for children; as well as a variety of gastronomy venues, sports, outdoor and cultural activities. Navarino Bay, the second area is home to the signature golf course, The Bay Course, and an upscale resort hotel is currently under development, along site a fourth luxury hotel at the nearby site Navarino Waterfront. At Navarino Hills, two new 18-hole golf courses are currently under construction. Navarino Residences are a collection of luxury villas for private ownership, located just a few meters from the beach or nestled among verdant olive groves. REDEVELOPMENT OF HILTON ATHENS - THE NEW CITY DESTINATION TEMES group also owns a 50% stake in Ionian Hotel Enterprises S.A., one of leading companies in tourism, hospitality and asset management in Greece. The company owns a historic and emblematic property in the center of Athens. The company is repositioning this unique landmark in the center of Athens as a city destination comprising luxury hotel services, branded and serviced private residences, signature culinary venues and themed retail hub.

5 Pentelis St. 17564 Athens, Greece Tel.: +30 210 9490 000 Fax: +30 210 9490 218 Email: info@temes.gr Website: www.costanavarino.com The Westin Resort, Costa Navarino: www.westincostanavarino.com/ The Romanos, A luxury Collection Resort: www.romanoscostanavarino.com/ 120

TOURIST COMPANIES

TREASURES OF GREEΚ TOURISM 2019

A New Times survey on the financial results of the 227 largest travel agencies and businesses and 14 airline companies

Higher profits for Greece’s largest travel agencies

emand by travelers for holidays in Greece appears to be surging, as suggested by the turnover index for Greece's travel agents in Q1 2018, which rose to a 7-year high. Data published recently by the Hellenic Statistical Authority (ELSTAT) show that travel agencies' turnover index in the first quarter of 2018 recorded an increase of 25.4% compared to the same period a year earlier, and at the same time rose to its highest level since 2010. The New Times survey focused on the overall financial data of travel agents and enterprises in the sample, through their last published balance sheet (2016). The study found the following: • The overall turnover of the 227 largest travel agencies and businesses in the country increased from 1.11 billion euros in 2015 to 1.17 billion euros in 2016, recording an increase of 6.1%. This increase – repeated in 2017 and 2018, was the result of the higher numbers of tourists flocking the country, a trend expected to continue in the coming tourist season (2019). • The increase in turnover resulted in an increase in net profit of the sample enterprises. In particular, the total net profits increased from 27.4 million euros in 2015 to 32.9 million euros in 2016. • However, the equity-foreign capital ratio is not particularly positive. • Out of a total of 227 companies in the sample, 161 businesses reported profits while 66 were loss-making. The 161 profit-making companies increased their total sales by 8.6% to 852 million euros and their overall profit by 26.5% to 560 million euros. • The survey also included 14 companies operating in the air transport sector. Of these companies, ten showed profits and four reported losses. In total, these companies managed a turnover of 1.2 billion euros and posted total profits of 54 million euros. 122

Greece can attract 35 million foreign tourists annually

The above figures illustrate the tourism sector’s positive developments in the fiscal year 2016. In fact, the performance of Greek tourism in 2017 and 2018 continued on a growing trend. Specifically: • Overnight stays jumped from 140.2 million in 2010 to 209.8 million in 2017. Also, indicative of the upward trend of Greek tourism is the fact that 7-month arrivals recorded a 15% surge. • Also on an upward trend are the revenues from tourism. In particular, from 9.6 billion euros in 2010, tourism revenues rose to 14.2 billion euros in 2017. In 2018, tourism revenue so far has increased 19%. • According to SETE (Association of Greek Tourism Enterprises), by 2021, Greece can attract 35 million visitors, and see revenues rising to the 20-billion-euro mark. • The benefits of the tourism activity are diffused across the Greek economy. Travel agencies are a key factor in the country’s tourism economy, which could reach even higher growth rates. “The growth of the figures could be even higher, should there were mechanisms to control and combat the various illegal tourism activities by businesses and individuals from third countries (outside the EU), as well as by domestic opportunists”, said Mr Lysandros Tsilidis, president of FedHATTA (Federation of the Hellenic Associations of Travel & Tourist Agencies), adding that “FedHATTA has repeatedly asked the State to ensure that illegal tourism activities are restricted. All kinds of transactions from illegal tourism activities are not recorded, resulting to large-scale tax evasion.” 123

TREASURES OF GREEΚ TOURISM 2019

FINANCIAL RESULTS OF TOURIST COMPANIES - 2016/2017 NAME

TURNOVER 2016

TURNOVER 2017

CHANGE

NET PROFITS 2016

NET PROFITS 2017

CHANGE

1 LEASEPLAN HELLAS S.A.

95,456,366 €

108,829,160 €

14.01%

14,169,544 €

18,397,238 €

29.84%

2 TUI HELLAS S.A.

49,206,756 €

59,324,914 €

20.56%

3,683,632 €

4,130,613 €

12.13%

3 E-TRAVEL S.A.

28,908,068 €

40,737,391 €

40.92%

4,208,017 €

3,366,823 €

-19.99%

4 MARINE TOURS S.A.

14,559,946 €

13,987,140 €

-3.93%

2,089,847 €

2,340,325 €

11.99%

5 SIVA TRAVEL S.A.

14,639,598 €

20,135,106 €

37.54%

604,538 €

1,327,185 €

119.54%

6 MANESSIS TRAVEL S.A.

31,681,867 €

33,693,850 €

6.35%

775,121 €

994,343 €

28.28%

7 GEM TRAVEL G. & E. MICHALAKIS LTD.

9,047,703 €

12,614,340 €

39.42%

588,911 €

770,721 €

30.87%

8 HIMALAYA TRAVEL S.A.

2,304,676 €

2,984,764 €

29.51%

111,926 €

699,931 €

525.35%

9 ANYLAND TRAVEL LTD.

1,881,037 €

1,872,548 €

-0.45%

631,252 €

604,618 €

-4.22%

10 ASPIDA TRAVEL LTD.

2,800,690 €

3,071,231 €

9.66%

320,494 €

503,294 €

57.04%

11 VIEXAL S.A.

8,373,961 €

10,212,191 €

21.95%

647,190 €

428,372 €

-33.81%

12 JAPAN TRAVEL BUREAU ( JTB) GREECE LTD.

3,656,963 €

5,336,091 €

45.92%

163,311 €

410,363 €

151.28%

13 ALTAIR TRAVEL S.A.

8,421,253 €

12,230,413 €

45.23%

76,728 €

388,591 €

406.45%

14 AFEA TRAVEL & TOURISM S.A.

8,505,340 €

10,086,842 €

18.59%

232,241 €

353,959 €

52.41%

15 HELLENIC CORFU SERVICES LTD.

3,927,567 €

4,097,988 €

4.34%

373,013 €

305,486 €

-18.10%

16 ATHENS EXPRESS S.A.

5,574,809 €

7,024,118 €

26.00%

157,786 €

270,207 €

71.25%

17 G.S. TRAVEL S.A.

11,448,140 €

11,097,789 €

-3.06%

403,475 €

264,284 €

-34.50%

18 GIOVANTI TRAVEL LTD.

1,290,450 €

1,323,163 €

2.54%

43,329 €

246,061 €

467.89%

19 ERASMOS TOURISM ENTERPRISES S.A.

4,422,026 €

3,903,850 €

-11.72%

59,449 €

232,885 €

291.74%

20 KEGM TOURISM & CONGRESS ENTERPRISES S.A.

2,759,485 €

4,053,419 €

46.89%

36,384 €

228,010 €

526.68%

21 LUXURY TRAVEL LTD.

12,858,455 €

23,921,972 €

86.04%

-131,579 €

224,951 €

0.00%

22 KYRIAKAKIS TRAVEL

2,265,364 €

2,212,364 €

-2.34%

261,273 €

220,128 €

-15.75%

23 ADRIATOUR ATHENS LTD.

231,328 €

338,221 €

46.21%

101,444 €

206,535 €

103.60%

24 ORBITA TRAVEL S.A.

810,892 €

1,014,090 €

25.06%

229,198 €

195,476 €

-14.71%

25 AIGIALOS S.A.

766,653 €

811,508 €

5.85%

67,333 €

185,219 €

175.08%

26 DA TRAVEL TOURISM ENTERPRICES LTD.

570,883 €

605,051 €

5.99%

122,540 €

170,898 €

39.46%

27 SPECIAL TOURS - WHOLESALERS LTD.

57,146,613 €

60,261,429 €

5.45%

136,229 €

169,955 €

24.76%

28 SVORONOS Ι. S.A.

2,197,358 €

1,875,345 €

-14.66%

273,356 €

164,264 €

-39.91%

932,875 €

1,084,055 €

16.21%

123,782 €

154,402 €

24.74%

29 HELLENIC ISLAND SERVICES KEFALLONIA LTD. 30 EXPEDITION AND TRAVEL P.C.

3,198,876 €

2,488,659 €

-22.20%

209,353 €

134,518 €

-35.75%

31 TRAVEL CENTER LTD.

10,772,026 €

14,187,751 €

31.71%

157,760 €

127,499 €

-19.18%

927,368 €

1,143,476 €

23.30%

135,199 €

122,822 €

-9.16%

32 GRAPSAS Ι. S.A. 33 TRAVLOS LTD.

488,264 €

548,379 €

12.31%

107,366 €

121,462 €

13.13%

34 AMFITRYON CRUISES S.A.

1,233,578 €

911,822 €

-26.08%

108,735 €

120,342 €

10.68%

35 GRAND STAR HELLENIC LTD.

9,424,524 €

12,782,033 €

35.63%

64,930 €

119,457 €

83.98%

36 G.O. TOURS

2,825,536 €

4,060,774 €

43.72%

-106,832 €

119,211 €

0.00%

37 ADEXEN S.A.

2,101,739 €

2,261,180 €

7.59%

109,630 €

104,430 €

-4.74%

38 MIDEAST TRAVEL WORLDWIDE LTD.

10,763,953 €

11,101,423 €

3.14%

58,949 €

89,126 €

51.19%

39 EUROTOURISTIKI LTD.

1,058,366 €

1,219,741 €

15.25%

30,948 €

84,347 €

172.54%

40 AZUR VOYAGES S.A.

1,577,388 €

1,443,772 €

-8.47%

83,058 €

84,092 €

1.25%

41 SIGNATURE TRAVEL LTD.

2,668,010 €

3,418,031 €

28.11%

56,220 €

83,833 €

49.12%

815,401 €

173.56%

54,076 €

80,699 €

49.23%

42 F. MICHALAKIS S.A.

298,067 €

43 GINIS VACANCES S.A.

2,912,915 €

44 AFG LTD. 124

458,807 €

3,774,884 €

29.59%

-62,322 €

77,125 €

0.00%

965,690 €

110.48%

-233,256 €

73,149 €

0.00%

NAME

45 CIRCLE S.A.

TURNOVER 2016

TURNOVER 2017

CHANGE

NET PROFITS 2016

NET PROFITS 2017

CHANGE

72,333 €

-21.33%

5,089,924 €

4,518,361 €

-11.23%

91,948 €

773,397 €

1,016,465 €

31.43%

4,240 €

47 CONCEPTOURS TRAVELLERS SERVICES LTD

2,816,271 €

4,180,519 €

48.44%

22,377 €

71,360 €

218.90%

48 DOLPHIN HELLAS D.P. CHAMOSFAKIDIS S.A.

1,390,939 €

2,016,471 €

44.97%

11,780 €

65,665 €

457.43%

46 PLOTIN CORFU LTD.

71,850 € 1594.58%

49 PANTHEON TRAVEL LTD.

415,957 €

574,808 €

38.19%

60,200 €

60,882 €

1.13%

50 NIBAK S.A.

375,619 €

663,025 €

76.52%

-21,675 €

50,046 €

0.00%

51 STAT S.A.

803,966 €

816,807 €

1.60%

-67,004 €

49,184 €

0.00%

52 BURRAQ TRAVEL & TOURS S.A.

3,040,694 €

2,970,231 €

-2.32%

197,422 €

47,361 €

-76.01%

53 ODEON INBOUND GREECE LTD.

5,161,673 €

5,239,035 €

1.50%

28,975 €

47,244 €

63.05%

54 R.C.I. HELLAS S.A.

1,243,502 €

929,121 €

-25.28%

82,430 €

44,243 €

-46.33%

640 €

214,648 €

33438.75%

1,839 €

531,290 €

540,720 €

1.78%

54,611 €

42,994 €

55 GREEKING ME 56 ALBA EXPRESS TRAVEL LTD. 57 OCEAN LTD. 58 AIRVISSA TRAVEL S.A.

347,812 € 2,093,564 €

44,207 € 2303.86% -21.27%

355,047 €

2.08%

42,697 €

41,817 €

-2.06%

1,615,480 €

-22.84%

80,308 €

40,908 €

-49.06%

128.33%

18,461 €

36,889 €

99.82%

59 KOMPASS TOURS HELLAS S.A.

116,874 €

266,853 €

60 KTEL KOZANIS S.A.

711,287 €

761,745 €

7.09%

-31,991 €

35,546 €

0.00%

61 ASTRAL HELLAS S.A.

772,064 €

928,232 €

20.23%

2,723 €

26,213 €

862.65% -13.71%

62 BCD TRAVEL GREECE S.A.

3,370,364 €

4,879,958 €

44.79%

27,631 €

23,843 €

63 COSMOS TRAVEL LTD.

2,063,503 €

1,513,176 €

-26.67%

22,415 €

22,816 €

1.79%

64 KYKNOS INTERNATIONAL LTD.

419,002 €

375,182 €

-10.46%

10,909 €

14,227 €

30.42%

65 KTEL LESVOS ΤOURS LTD.

322,494 €

201,757 €

-37.44%

-62,087 €

10,096 €

0.00%

66 TRAVEL STAR HELLAS LTD.

2,508,143 €

1,226,323 €

-51.11%

41,251 €

9,661 €

-76.58%

67 TRAVEL SHOP LTD.

106,051 €

147,663 €

39.24%

-11,733 €

8,933 €

0.00%

68 THEOTOKIS TRAVEL LTD.

349,182 €

360,849 €

3.34%

9,062 €

8,651 €

-4.54%

69 INSIDERS TRAVEL EXPERIENCES

278,218 €

552,703 €

98.66%

-5,713 €

7,279 €

0.00%

70 PALANDJIAN WORLD LTD.

426,258 €

447,572 €

5.00%

13,153 €

5,767 €

-56.15%

71 UNION TRANSPORTATION SERVICES (U.T.S.) LTD.

367,918 €

463,684 €

26.03%

6,511 €

5,609 €

-13.85%

2,360,507 €

11.16%

-7,662 €

4,607 €

0.00%

72 FAMOUS SOTIRIOU TRAVEL S.A.

2,123,475 €

73 UNIVERSE TRAVEL LTD.

473,450 €

352,138 €

-25.62%

3,627 €

4,242 €

16.96%

74 BOUTROS TOURS LTD.

469,787 €

983,789 €

109.41%

2,507 €

3,196 €

27.48%

2,307,274 €

-0.46%

73,837 €

2,698 €

-96.35%

75 MOUTSOS D. - Α GIAKOUMAKI LTD

2,317,944 €

76 SCAPE TRAVEL & TOURISM SERVICES LTD.

99,516 €

98,245 €

-1.28%

-4,328 €

2,697 €

0.00%

77 MARISOL TOURS S.A.

781,781 €

1,009,185 €

29.09%

-9,349 €

1,934 €

0.00%

78 ASK 2 TRAVEL S.A.

347,864 €

308,796 €

-11.23%

2,236 €

982 €

-56.08%

79 FULVIA TRAVEL LTD.

139,315 €

127,285 €

-8.64%

-1,373 €

-1,494 €

8.81%

80 IONIA TOURISTIKI S.A.

244,241 €

15,302 €

-93.74%

-13,885 €

-11,286 €

-18.72%

81 RHAPSODY TRAVEL S.A.

8,135,871 €

10,096,932 €

24.10%

-12,702 €

-11,829 €

-6.87%

82 DELTA NET LTD.

116,238 €

42,475 €

-63.46%

1,393 €

-24,863 €

0.00%

83 KTEL KILKIS S.A.

455,059 €

403,810 €

-11.26%

57,101 €

-26,563 €

0.00%

84 KTEL XANTHIS TOURS S.A.

697,265 €

705,417 €

1.17%

-6,754 €

-34,681 €

413.49%

85 MICH. TSILIKIDES LTD.

591,878 €

592,117 €

0.04%

-96,473 €

-45,250 €

-53.10%

86 THIAMIS TOURS S.A.

3,508,775 €

3,724,668 €

6.15%

15,216 €

-45,407 €

0.00%

INTERNATIONAL MARITIME AGENCIES & INTERNATIONAL 87 TRAVEL AND SERVICES S.A.

2,540,867 €

2,601,203 €

2.38%

-114,429 €

-63,667 €

-44.36%

590,963 €

12.97%

-38,296 €

-64,319 €

67.95%

6,402,377 €

-22.12%

43,179 €

-75,676 €

0.00%

539,610 €

31.69%

-25,492 €

-95,552 €

274.83%

88 KANARIS TOURS LTD. 89 NAVIGATOR LTD. 90 DIPLOMAT TRAVEL & TOURISM LTD.

523,113 € 8,221,137 € 409,772 €

125

TREASURES OF GREEΚ TOURISM 2019

FINANCIAL RESULTS OF TOURIST COMPANIES - 2015/2016 No

NAME

TURNOVER 2015

TURNOVER 2016

NET PROFITS 2015

CHANGE

1 E-TRAVEL S.A.

24,057,859

28,908,068

20%

2 TUI HELLAS S.A.

44,470,252

49,206,756

3 MARINE TOURS S.A.

13,917,802

14,559,946

4 TAKOS AKINITA SA.

14,858,948

5 MAROULI BROS S.A. 6 V. TOURS - VOUKOUVALIDIS

NET PROFITS 2016

CHANGE

3,248,011

4,208,017

11%

-38,692

3,683,632

1,967,817

2,089,847

15,950,149

977,327

2,044,185

109%

8,329,834

7,515,983

-10%

638,589

1,862,372

192%

6,290,321

6,484,155

1,122,042

1,813,956

62%

15,575,117

16,637,872

1,138,202

1,253,231

10%

8 ACTIVE CARS S.A.

5,962,277

6,817,061

14%

835,289

1,098,806

32%

9 GOLDAIR GOLEMIS S.A.

1,330,679

2,100,000

58%

805,228

1,050,000

30%

2,475,740

2,835,263

15%

594,640

873,475

47%

7 ΑΚΤΙΝΑ SA

10 SKOURAS CAMP S.A. 11 DRIVE S.A.

30%

4,292,367

5,148,374

20%

312,845

854,659

173%

12 BADOUVAS Κ.-CRETAN HOLIDAYS S.A.

55,244,659

70,204,933

27%

1,073,496

846,047

-21%

13 MANESSIS TRAVEL S.A.

25,109,236

31,681,867

26%

273,621

775,121

183%

14 BABALIS ATHANASIOS LTD. MAGNA TRAVEL

5,260,421

3,703,631

-30%

863,156

700,671

-19%

15 VIEXAL S.A.

7,262,052

8,373,961

15%

224,847

647,190

188%

16 ANYLAND TRAVEL LTD.

1,855,876

1,881,037

644,171

631,252

-2%

18,771,824

14,639,598

-22%

1,239,009

604,538

-51%

18 GEM TRAVEL G. & Ε. MICHALAKIS LTD

7,556,276

9,047,703

20%

774,099

588,911

-24%

19 THALATTA S.A.

2,554,795

2,696,728

485,722

563,471

16%

20 MARINIS S.A.

5,871,791

5,608,816

-4%

474,570

539,703

14%

21 MAGNA GROUP S.A.

2,811,978

4,867,414

73%

165,021

449,161

172%

22 FIDELITY S.A.

4,401,548

5,628,024

28%

291,866

414,419

42%

23 KATASKINOTIKI EKPAIDEFTIKI S.A.

1,207,340

1,400,061

16%

249,840

406,910

63%

17 SIVA TRAVEL S.A.

24 G.S. TRAVEL S.A.

11,119,415

11,448,140

449,911

403,475

-10%

25 HELLENIC CORFU SERVICES LTD.

3,416,166

3,927,567

15%

177,820

373,013

110%

26 PAN. KOUSATHANAS S.A.

2,324,715

2,496,580

514,437

363,271

-29%

27 SPORTS VILLAGE ATHITAKI

1,786,975

1,859,358

406,711

353,374

-13%

28 HERAKLIO TRAVEL S.A.

6,110,625

7,111,424

16%

271,015

330,348

22%

29 GOLDAIR TOURISM S.A.

7,158,594

9,253,187

29%

140,323

324,560

131%

30 ASPIDA TRAVEL LTD.

2,772,772

2,800,690

591,665

320,494

-46%

31 PETROS GANTZIAS S.A.

1,614,852

1,860,022

15%

300,526

301,531

32 LOUTRA LOUTRAKI MUNICIPALITY OF ALMOPIAS S.A.

1,196,134

1,358,705

14%

307,052

300,256

-2%

33 SVORONOS Ι. S.A.

1,855,826

2,197,358

18%

102,397

273,356

167%

34 INTERNATIONAL - MEDITERRANEAN TRAVEL SERVICES S.A.

3,342,394

2,137,446

-36%

-21,363

269,128

35 KYRIAKAKIS TRAVEL S.A.

1,160,540

2,265,364

95%

157,565

261,273

66%

955,928

916,955

-4%

226,951

251,015

11%

37 KOUTSOGIANOPOULOS D. S.A.

4,290,641

3,722,751

-13%

457,804

246,754

-46%

38 LILIUM CALDERAS S.A.

1,338,579

1,415,178

392,362

246,697

-37%

39 CRETA COIN S.A.

1,990,983

2,079,032

272,817

246,270

-10%

40 SOMACO TOURS S.A.

1,946,411

2,023,800

358,807

246,191

-31%

41 GBT GLOBAL BUSINESS TRAVEL S.A.

1,812,165

1,824,349

167,056

239,088

43%

42 AFEA TRAVEL & TOURISM S.A.

9,759,684

8,505,340

-13%

250,121

232,241

-7%

43 ORBITA TRAVEL S.A.

777,324

810,892

201,696

229,198

14%

44 BELEON TOURS LTD.

293,476

60,526

-79%

702,292

202,817

-71%

36 ALA CARTE TRAVEL LTD.

126

45 BURRAQ TRAVEL & TOURS S.A.

2,914,201

3,040,694

272,060

197,422

46 GETEE S.A.

646,949

745,033

15%

211,338

197,345

-7%

47 G.CH. ELIOPOULOS S.A.

841,590

815,195

-3%

398,216

197,200

-50%

48 VALILI TOURS S.A.

780,979

934,626

20%

100,003

182,991

83%

49 CHAT LTD.

2,240,000

2,220,000

-1%

260,000

170,000

-35%

50 JAPAN TRAVEL BUREAU ( JTB) GREECE LTD.

3,710,526

3,656,963

-1%

182,702

163,311

-11%

51 ATHENS EXPRESS S.A.

8,174,319

5,574,809

-32%

260,817

157,786

-40%

52 TRAVEL CENTER LTD.

11,926,529

10,772,026

-10%

171,466

157,760

-8%

4,102,764

3,537,192

-14%

92,648

157,192

70%

54 MELIKOKIS DEMETRIOS LTD.

11,153,047

11,157,371

49,558

148,196

199%

55 SPECIAL TOURS - WHOLESALERS LTD.

53 ELLINODANIKI TOURISTIKI SA (ESSER TRAVEL)

-27%

54,666,999

57,146,613

-104,932

136,229

56 MEMPHIS TRAVEL S.A.

914,208

813,968

-11%

244,107

135,248

-45%

57 GRAPSAS Ι. S.A.

938,975

927,368

-1%

146,067

135,199

-7%

58 KEY TOURS ATE

2,767,807

2,640,735

-5%

267,681

132,985

-50%

59 HELLAS STAR RESORTS S.A.

4,717,526

4,946,494

35,218

125,620

257%

60 HELLENIC ISLAND SERVICES KEFALONIA LTD.

795,445

932,875

17%

100,540

123,782

23%

61 D.A. TRAVEL LTD.

551,227

570,883

64,122

122,540

91%

62 MIDEAST WORLDWIDE TRAVEL LTD.

1,195,835

1,235,410

52,029

119,838

130%

63 ARCADIA TOURS S.A.

2,048,723

2,066,720

29,358

112,511

283%

64 ENDLESS HOLIDAYS S.A.

1,079,383

1,277,927

18%

24,637

112,380

356%

65 AGIOS GEORGIOS S.A.

1,037,977

1,108,225

110,047

112,080

66 HIMALAYA TRAVEL S.A.

2,169,146

2,304,676

192,365

111,926

-42%

209,299

326,928

56%

54,431

111,173

104%

68 ADEXEN S.A.

2,005,364

2,101,739

307,270

109,630

-64%

69 AMFITRYON CRUISES S.A.

5,056,551

1,233,578

-76%

372,285

108,735

-71%

465,777

488,264

42,403

107,366

153%

71 M.T.S. SA

22,613,085

23,020,000

320,243

100,000

-69%

72 FILOS NORTH GREECE S.A.

11,264,253

10,308,767

-8%

130,930

94,900

-28%

73 CIRCLE S.A.

4,642,789

5,089,924

10%

-222,732

91,948

74 EVENT PLUS TRAVEL S.A.

1,109,075

1,641,907

48%

28,289

85,819

203%

75 ATHOS HELLAS S.A.

8,740,630

9,759,041

12%

46,540

84,006

81%

76 AZUR VOYAGES S.A.

1,919,037

1,577,388

-18%

143,500

83,058

-42%

77 R.C.I. HELLAS S.A.

1,607,064

1,243,502

-23%

84,712

82,430

-3%

78 AIRVISSA TRAVEL S.A.

2,336,137

2,093,564

-10%

297,886

80,308

-73%

79 ALTAIR TRAVEL AGENTS S.A.

6,813,955

8,421,253

24%

39,194

76,728

96%

16,085,147

11,877,109

-26%

1,229,843

75,730

-94%

81 AMATHUS HELLAS SA

3,086,344

3,633,933

18%

76,736

75,521

-2%

82 MOUTSOS D. - Α GIAKOUMAKI LTD.

2,158,117

2,317,944

111,526

73,837

-34%

83 FANTASY TRAVEL LTD.

5,894,924

4,265,101

-28%

474,535

72,053

-85%

84 PYTHEAS TRAVEL S.A.

513,416

662,930

29%

52,457

71,919

37%

85 AIGIALOS S.A.

905,714

766,653

-15%

213,881

67,333

-69%

86 RODOS ORION TOURS LTD.

398,228

481,170

21%

71,110

66,428

-7%

67 AMERICAN TOURS SERVICE HELLAS-ITALIA LTD.

70 TRAVLOS LTD.

80 HELLENIC ISLAND SERVICES RHODOS LTD.

87 GRAND STAR HELLENIC LTD.

12,614,764

9,424,524

-25%

109,832

64,930

-41%

88 PROMOTRAVEL LTD.

1,266,222

1,386,529

10%

93,254

62,018

-33%

89 CHARITOS TOUR. ENTERPRISES S.A.

1,532,498

1,580,001

-96,502

61,621

415,957

60,200

91 TRAVEL WAY LTD.

3,089,118

3,969,334

28%

42,448

59,925

41%

92 ERASMOS TOURISM ENTERPRISES S.A.

5,119,945

4,422,026

-14%

142,361

59,449

-58%

90 PANTHEON TRAVEL LTD.

127

TREASURES OF GREEΚ TOURISM 2019 93 MIDEAST TRAVEL WORLDWIDE LTD.

10,732,462

10,763,953

397,053

58,949

-85%

94 KTEL KILKIS S.A.

509,956

455,059

-11%

81,141

57,101

-30%

95 JORDAN'S TRAVEL S.A.

681,225

1,465,819

115%

20,633

57,099

177%

96 INVESTMENTS OF TOURISM PROPERTIES CORFU

733,629

704,621

-4%

116,611

56,640

-51%

97 SIGNATURE TRAVEL LTD.

2,925,298

2,668,010

-9%

56,921

56,220

-1%

98 ALBA EXPRESS TRAVEL LTD.

412,906

531,290

29%

42,724

54,611

28%

99 F. MICHALAKIS S.A.

254,777

298,067

17%

-47,350

54,076

100 KAPCO TRAVEL SERVICES S.A.

1,477,507

1,521,469

81,453

47,096

-42%

101 GIOVANTI TRAVEL LTD.

1,258,694

1,290,450

103,160

43,329

-58%

102 NAVIGATOR LTD.

7,840,724

8,221,137

249,955

43,179

-83%

103 OCEAN LTD.

333,587

347,812

42,564

42,697

104 TRAVEL STAR HELLAS LTD.

1,381,611

2,508,143

82%

25,297

41,251

63%

105 METHONI TOURS LTD.

1,452,912

1,495,020

118,815

38,536

-68%

106 HELLENIC TOURS S.A.

5,563,481

4,805,935

-14%

131,224

37,846

-71%

107 KOURKOUNIS S.A.

2,041,123

3,744,713

83%

28,160

37,200

32%

108 BELLAIR TRAVEL LTD.

1,302,046

1,308,249

115,596

36,398

-69%

109 KEGM TOURIST & CONGRESS ENTERPRISES S.A.

1,913,887

2,759,485

44%

305,963

36,384

-88%

110 ARISTOTLE TRAVEL LTD.

2,465,125

2,587,509

56,800

35,521

-37%

729,806

489,844

-33%

122,766

31,782

-74%

1,875,574

1,850,758

-1%

9,229

31,144

237%

113 EUROTOURISTIKI LTD.

996,091

1,058,366

12,136

30,948

155%

114 PARALOS TRAVEL LTD.

280,000

310,000

11%

30,000

2,667,047

5,161,673

94%

-7,642

28,975

111 G.E. TRAVEL LTD 112 OLYMPUS TOURISM LTD.

115 ODEON INBOUND GREECE LTD. 116 G. Ν. MAVRAKIS S.A.

380,029

460,814

21%

13,553

28,494

110%

117 DIETHNIS TOURISMOS LTD.

2,695,472

3,659,801

36%

18,381

27,840

51%

118 BCD TRAVEL GREECE S.A.

2,927,513

3,370,364

15%

79,996

27,631

-65%

119 HELLENIC ISLAND SERVICES ATHENS LTD.

4,765,340

2,842,021

-40%

45,185

26,068

-42%

120 I.Q. SMART VACATIONS LTD.

2,776,614

2,126,836

-23%

3,613

24,780

586%

840,299

770,029

-8%

-25,037

22,623

122 COSMOS TRAVEL LTD.

2,079,502

2,063,503

-1%

81,823

22,415

-73%

123 CONCEPTOURS V. ARGYRIS LTD.

3,372,311

2,816,271

-16%

143,580

22,377

-84%

124 EXECUTIVE TRAVEL SOLUTIONS LTD.

2,966,140

2,670,000

-10%

11,505

20,000

74%

231,636

116,874

-50%

36,174

18,461

-49%

121 TRAVELWORLDS.A.

125 KOMPASS TOURS HELLAS S.A. 126 N STAIKOS S.A.

90,507

100,250

11%

29,677

17,606

-41%

127 THIAMIS TOURS SA

3,287,932

3,508,775

1,014

15,216

1401%

128 KTEL Ν. ELIAS S.A.

370,310

485,488

31%

11,046

14,118

28%

129 LETO TRAVEL SERVICE LTD.

476,568

551,340

16%

5,724

13,503

136%

130 PALANDJIAN WORLD LTD.

457,389

426,258

-7%

33,212

13,153

-60%

1,467,994

1,390,939

-5%

67,463

11,780

-83%

131 DOLPHIN HELLAS D.P. CHAMOSFAKIDIS S.A. 132 KYKNOS INTERNATIONAL LTD.

620,232

419,002

-32%

16,138

10,909

-32%

1,094,818

742,755

-32%

20,265

10,025

-51%

134 THEOTOKIS TRAVEL LTD.

368,159

349,182

-5%

8,024

9,062

13%

135 HELLENIC SUN TRAVEL LTD.

303,912

452,294

49%

39,137

8,834

-77%

28,260

20,492

8,360

-59%

4,075,694

3,813,758

-6%

-14,770

8,158

919,158

449,124

-51%

-24,543

8,043

33,834

25,048

-26%

10,343

7,373

-29%

133 SUMMERLAND TRAVEL S.A.

136 BIBLIO TRAVEL LTD. 137 MAXIMA S.A. 138 ΖΙΤΑ CONGRESS & TOURISM ENTERPRISES S.A. 139 FAROS TRAVEL LTD.

128

140 ZEN TRAVEL LTD.

130,708

257,621

97%

9,657

6,959

141 DIMIDIS TOURS LTD.

219,970

164,079

-25%

6,607

6,733

142 THEODOSIOU Ε. LTD.

453,675

467,353

489

6,623

1254%

143 UNION TRANSPORTATION SERVICES (U.T.S.) LTD.

427,097

367,918

-14%

20,935

6,511

-69%

144 MR TRAVEL LTD

-28%

513,199

642,853

25%

2,211

5,558

151%

145 HETCO TOURS S.A.

1,617,375

1,143,992

-29%

13,696

4,608

-66%

146 COSMORAMA LTD.

4,364,991

5,974,610

37%

-148,084

4,507

147 PLOTIN CORFU LTD.

799,600

773,397

-3%

-34,775

4,240

148 UNIVERSE TRAVEL LTD.

260,935

473,450

81%

5,574

3,627

-35%

1,001,214

772,064

-23%

10,555

2,723

-74%

150 BOUTROS TOURS LTD.

573,400

469,787

-18%

-59,324

2,507

151 ASK 2 TRAVEL S.A.

218,764

347,864

59%

11,394

2,236

-80%

1,604,787

1,856,426

16%

3,293

1,810

-45%

153 DELTA NET LTD.

100,000

116,238

16%

-90,806

1,393

154 SUNFLIGHT LTD.

96,437

167,088

73%

146

1,295

787%

155 ZENITH TRAVEL SERVICES LTD.

99,197

85,173

-14%

4,080

812

-80%

631,863

738,639

17%

-1,398

225

149 ASTRAL HELLAS S.A.

152 T & T EXECUTIVE S.A.

156 ZALONIS LTD. 157 FREI TRAVEL - CONGRESS S.A.

4,842,718

5,169,257

-5,936

-202

-97%

158 KALAMAKI TRAVEL SERVICES LTD.

787,458

727,163

-8%

1,721

-1,126

159 FULVIA TRAVEL LTD.

127,679

139,315

4,002

-1,373

160 SOPASIS EMMANUEL LTD.

6,874

6,072

-12%

-341

-2,049

501%

161 Ι. KARALIS & CO LTD.

213,770

4,989

-98%

33,192

-2,448

162 KTEL Ν. EVOIAS S.A.

10,388,749

10,548,156

-40,400

-4,170

-90%

163 SCAPE TRAVEL & TOURISM SERVICES LTD. 164 ILIADES DIAKOPES STIN ELLADA S.A. 165 KTEL XANTHIS TOURS S.A. 166 DAFNI TOURISTIKI TECHNIKI S.A.

116,050

99,516

-14%

-4,417

-4,328

-2%

3,017,573

2,554,773

-15%

41,684

-5,052

672,232

697,265

-1,100

-6,754

514%

335,870

312,921

-7%

152,569

-7,198

2,164,451

2,123,475

-2%

-1,333

-7,662

475%

168 FLORINA TRAVEL S.A.

424,231

391,730

-8%

1,359

-7,701

169 MARISOL TOURS S.A.

767,582

781,781

3,404

-9,349

96,313

106,051

10%

-19,249

-11,733

-39%

7,100,638

8,135,871

15%

-36,159

-12,702

-65%

338,913

244,241

-28%

8,321

-13,885

167 FAMOUS SOTIRIOU TRAVEL S.A.

170 TRAVEL SHOP LTD. 171 RHAPSODY TRAVEL S.A. 172 IONIA TOURISTIKI S.A. 173 LAVIS S.A. 174 BUCA RESORTS S.A. 175 TH. P. MARGARIS S.A. 176 MONDO TRAVEL S.A. 177 NIBAK S.A. 178 KAPA FIN TRAVEL S.A. 179 VAMVAKOURIS J. S.A. 180 TRUE GREECE LTD. 181 MASTER HOLIDAYS LTD. 182 KTEL KOZANIS S.A.

5,879

-39,467

-14,768

-63%

1,196,415

1,501,346

25%

-416,206

-14,888

-96%

83,622

102,623

23%

-44,879

-15,408

-66%

232,000

557,000

140%

-1,000

-18,000

1700%

1,068,527

375,619

-65%

111,394

-21,675

610,931

594,914

-3%

-38,729

-22,524

-42%

700,121

750,880

134,347

-23,510

3,246,820

2,480,864

-24%

-17,452

-28,066

61%

735,605

603,373

-18%

66,032

-30,540

569,968

711,287

25%

-108,907

-31,991

-71%

183 GRECIAN TRAVEL S.A.

3,200,737

2,804,124

-12%

-30,619

-36,510

19%

184 C.TR.S. S.A.

3,390,026

3,511,510

23,288

-37,912

185 KANARIS TOURS LTD.

700,707

523,113

-25%

-1,303

-38,296

2839%

186 CHIOTIS TRAVEL S.A.

167,205

197,529

18%

-40,011

-39,879

-0%

129

TREASURES OF GREEΚ TOURISM 2019

187 NOTOS (SOUTH) S.A.

255,428

259,799

-41,190

-43,502

188 PYLOU BROS S.A.

1,107,451

993,713

-10%

6,718

-47,479

189 UNIQUE VILLAS LTD.

1,080,493

215,608

-80%

-141,013

-48,108

-66%

722,103

322,494

-55%

134,532

-62,087

2,900,000

2,912,915

-130,000

-62,322

-52%

192 THE TRAVEL COMPANY S.A.

882,130

1,664,673

89%

26,372

-65,051

193 SMART TOURS CRETAN TRAVEL AGENCY LTD.

994,322

1,117,472

12%

-46,515

-66,350

43%

194 STAT S.A.

891,584

803,966

-10%

-78,956

-67,004

-15%

195 TOURISM ENTERPRISES VARKIZAS S.A.

4,859,462

6,500,328

34%

493,921

-78,635

196 SELECT HOLIDAYS S.A.

8,655,823

7,695,277

-11%

128,480

-94,941

197 MICH. TSILIKIDIS LTD.

542,883

591,878

-103,001

-96,473

-6%

190 KTEL LESVOU 191 GINIS VACANCES S.A.

198 KTEL ACHAIAS LTD.

385,130

348,284

-10%

-122,611

-103,614

-15%

199 G.O. TOURS S.A.

3,188,794

2,825,536

-11%

-154,189

-106,832

-31%

200 EMPORIKI RENT LONG TERM LEASE OF VEHICLES SA

6,625,000

2,979,000

-55%

277,000

-110,000

201 KTEL KAVALAS S.A.

1,051,680

902,751

-14%

15,328

-110,049

2,322,323

2,540,867

-259,152

-114,429

-56%

203 BESTOUR LTD.

807,250

759,267

-6%

-17,666

-122,877

596%

204 ATHANASOPOULOS Κ. LTD.

513,672

510,617

-1%

-47,980

-124,073

159%

205 SYNODOS S.A.

1,138,279

317,667

-72%

-17,182

-126,089

634%

206 LUXURY TRAVEL LTD.

6,708,650

12,858,455

92%

456,235

-131,579

207 CYPRUS HOSPITALITY S.A.

2,183,895

2,129,764

-2%

13,464

-143,425

208 BLUE LINE S.A.

1,425,163

1,007,037

-29%

4,420

-160,080

209 BLUE LAGOON ANNEX S.A.

5,453,391

5,938,856

503,082

-188,581

210 ZYGOURIS S.A.

1,188,879

1,101,368

-7%

-147,611

-218,339

48%

211 AFG LTD.

1,105,981

458,807

-59%

16,147

-233,256

857,109

756,051

-12%

-17,597

-248,270

1311%

1,709,934

926,748

-46%

171,021

-260,101

-223,534

-266,072

19%

59,685

1,257,841

2007%

-131,212

-293,808

124%

202

INTERNATIONAL MARITIME AGENCIES & INTERNATIONAL TRAVEL AND SERVICES S.A.

212 DELTA TOURIST ENTERPRISES S.A. 213 PANHELLAS S.A. 214 TRIPARK S.A. 215 MASΥ GLOBAL ΤRADING ΕΝΤΕRPRISES LTD. 216 Ε. KROMMYDAKIS S.A.

16,710,221

18,620,548

11%

-2,763,387

-311,611

-89%

217 XIROKAMARA S.A.

1,719,139

2,544,094

48%

-821,552

-344,232

-58%

218 TOURISTIKI ACHAIAS S.A.

2,370,334

2,087,766

-12%

-295,115

-344,698

17%

219 VLASSOPOULOS TRAVEL LTD.

3,409,743

2,738,918

-20%

-323,417

-353,372

220 IBIS EL GRECO S.A.

1,849,705

373,760

-80%

4,117

-450,972

221 TOURGREECE S.A.

29,517,107

10,166,754

-66%

1,291,757

-935,766

222 BLUE OCEANIC S.A. 223 ΜΑΗΟ S.A. 224 MOUZENIDIS TRAVEL S.A.

8,128,546

7,733,210

-5%

469,547

-1,503,037

15,528,073

6,514,762

-58%

-7,677,687

-1,724,555

-78%

152,215,106

181,163,369

19%

-7,071,147

-14,594,893

106%

Source: New Times

130

TREASURES OF GREEΚ TOURISM 2019

AEGEAN AIRLINES SA

Growing passenger numbers and higher sales in 2017 Aegean Airlines is Greece’s largest airline provider since 1999 offering full service, premium quality short and medium haul services. In October 2013, Aegean acquired Olympic Air; as a result passengers now have increased flight frequencies and connections, as well as improved accessibility to Greece’s islands, including some of the more remote ones, both for visitors and Greeks alike. Aegean’s 2018 schedule includes a network of 153 destinations, 33 domestic and 122 international in 44 countries, with 16,600,000 available seats. The flights will be performed with one of the youngest fleets in Europe, comprising 61 aircraft, after the recent investment in additional new Airbus A320ceos. In 2017, Aegean was named “Best Regional Airline in Europe” at the Skytrax World Airline Awards in a survey conducted among over 19,9 million passengers. This award - which we have been honored with for the 7th successive year and 8th year in total since 2009 - is a further confirmation of the high quality of service we offer to our customers, who have shown their trust in us and made us their number one choice. In Aegean, we continuously invest in modern, brand new aircraft, as well as control systems, technical support and systematic training of our staff. In early Eftichios Vassilakis, 2016, the company made a significant investment Vice Chairman to purchase seven new Airbus A320 type aircraft, thus reaching a total of 61 aircraft. Our fleet is maintained thoroughly in everyday level in our modern facilities of the technical department, staffed with specialized and well-trained engineers, mechanical engineers and aeronautical engineers. Every aircraft in our fleet has been equipped with all the advanced safety systems such as ACAS II (Airborne Collision Avoidance System),

the EGPWS (Enhanced Ground Proximity Warning System) and DFGS (Digital Force Gauges). Also, in AEGEAN we care about the environment and make constant upgrades in order to reduce noise, emissions, and fuel consumption. AEGEAN fleet consists of 37 AIRBUS A320, 11 AIRBUS A321, 1 AIRBUS A319, 2 Dash 8-100, 8 Dash 8-Q400 and 2 ATR 42-600. The company in 2017 posted an 11%-rise in consolidated revenue to 1,127.6 million euros. Performance in international routes boosted consolidated EBITDA to 120 million euros, surging 56% y-o-y. Pre-tax earnings jumped 66% to 85.8 million euros y-o-y, while net earnings after tax sky-rocketed 87% to 60.4 million euros. Total traffic rose to 13.2 million passengers, up 6% compared to 2016. The international network continued to be the main growth driver, with traffic reaching 7.3 million passengers, up 9% against 2016. It is worth highlighting that back in 2013, upon Olympic Air’s acquisition, aggregate Aegean and Olympic Air international traffic stood only at 4.3m passengers. Domestic traffic rose 3% to 5.9 million passengers, despite the increased activity of competitors, as connecting flows through Athens to the islands and lower fare offers stimulated demand. In Q1 2018, AEGEAN reported a 12% growth in passenger traffic, welcoming 2.4 million passengers on board its flights. More specifically, AEGEAN and Olympic Air carried 1.1 million passengers on domestic flights, a 9% growth compared to the same period in 2017, while passengers carried on international flights increased by 16% to 1.3 million. Load factor improved to 81.2% from 76.8% in the respective 2017 period. Traffic from the main base in Athens rose by 13%, compared to the overall growth of 8% reported by the airport. AEGEAN supported and developed the number of destinations served during the low winter season and delivered an 18% growth in international traffic from Athens, but also a 9% growth in domestic traffic. n

31, Viltanioti St., 145 64, Kifisia, Attiki, Greece Tel.: +30 210 62 61 700 Fax: +30 210 62 61 900 Website: http://el.aegeanair.com/ 131

TREASURES OF GREEΚ TOURISM 2019

132

A leading travel organization

Your Destination. Our Promise.

Aktina Travel was founded in 1975 by Panagiotis and Claire Zerzivilis. Being prominent figures in the Greek tourism industry, they managed to establish Aktina Travel as the leading travel organization in Greece. By capitalizing on the expertise and the hard work of its personnel, Aktina Travel grew into Aktina Travel Group, incorporating a number of affiliates and subsidiaries and offering a wide spectrum of tourism services. Today the company is run by Claire and Andromachi Zerzivilis, surrounded by a team of highly skilled professionals in the Tourism sector. Aktina Travel Services: Aktina Travel Services offers a variety of services to corporate and private sector. More specifically Aktina Travel Services comprises three subdivisions: Aktina Shipping & Energy, Aktina Corporate & Mice and Aktina Tailor Made. Aktina Travel Pro: Aktina Travel Pro is the group’s strongest domain of activity. All kinds of B2B services are offered to fellow travel agencies. Since 1977, AKTINA is the largest supplier of air tickets in Greece. It has the ability to supply tickets from any airline in the world to collaborating Offline and Online Travel Agents. We constantly strive to invest in technological tools and applications, to improve our collaborations with airlines day to day, to offer our clients the most competitive financial terms and to assure special travel deals. We capitalize on our leadership position in air travel so our partners can respectively benefit from the opportunities that arise and take advantage of the innovative technological solutions we provide. The assurance of this mutually beneficial cooperation is a commitment for us. The best hotel deals are also offered through Aktina Travel Pro. By using our state of the art booking platform one can have access to the best hotel rates and benefit from the most extended availability while offering the best service to his clients. Aktina Travel Now: Aktina Travel Now is our online approach for those who have the wish to explore the travel possibilities on their own, guided of course by our friendly user interface. n

Aspida Travel has served the shipping and tourism industry for over 35 years. Our company was established in 1981 and since then, it has become one of the largest travel agencies in the country. We collaborate with every airline represented in Greece, and have been an established member of IATA since 1989. Since the establishment of Aspida Travel, our relationship with airlines and ferry service providers has been harmonious and the results are evident through our handling by our professional counterparts. Through our experience and reliability, Aspida Travel is in a constant state of growth and we are annually increasing our market share. The development continues with the goal of offering better services, the most competitive prices possible, and more importantly, satisfying our clients’ needs. Our progress and success have been made possible through the continued support and trust our clients have showed throughout the years. Equipped with the most updated reservation systems (Amadeus-Sabre), the e-tariff (all the new offers from all airlines updated daily), we are able to provide our clients with the most competitive and quality solutions. Our buying power has enabled us to affiliate with quality agencies abroad in order to satisfy your needs in accommodation, transfers, car rentals and any other travel service requested. n

Filellinon str 26, 10558, Athens Greece Tel.: +30 210 42 21 800 Email: info@aktinatravelgroup.com Website: http://www.aktinatravelgroup.com

Filonos 46 Street, Piraeus 18535, Greece Tel.: +30 210 4122611 Fax: +30 210 4119342 Email: info@aspidatravel.gr Website: http://www.aspidatravel.gr

TREASURES OF GREEΚ TOURISM 2019

LUXURY TRAVEL DMC GREECE

Beleon Group: your reliable partner in Greece & Cyprus Successfully operating in the Greek travel industry for 15 years, Beleon is a multifaceted group of companies offering high class services in spheres of leisure vacations, non-standard travel options, events organization and transportation. Once a small travel agency established in 2003, Beleon today has a collection of three renowned and self-sufficient companies, each with its ample list of partners, loyal clients and vast capabilities in the particular sphere of travel industry they operate in. Beleon Group companies ● Beleon Tours Travel Company organizes individual and group holidays in Greece; ● Luxury Travel DMC runs both in Greece and Cyprus creating truly tailor-made vacations and planning MICE events of any type and level of complexity; moreover Luxury Travel DMC is highly interconnected with the other companies of our collection and supervises all operations of Beleon Group; ● The passion of Wedding in Greece is the organization of all kinds of bridal ceremonies and festivities. For many years now, primary activities of Beleon Group includes the creation of tailormade, non-standard tours and luxury holidays, planning and holding business and incentive events and organization of weddings. Beleon Group also offers transport and transfer services through its own fleet of modern VIP class sedans, mini-vans and buses, regarded as one of the best private car parks in Greece. Sustainability and continues development in any sphere of activity is a founding principle of Beleon Group and we persist to this philosophy year after year. 2017 was a new milestone in the standing of our holding due to a number of achievements we earned and in 2018 we strengthened our position across the board. ● Our expansion to Cyprus travel market in 2017 has been followed with almost 50% increase of our hotel portfolio at this Mediterranean destination in 2018; ● Following the success of Beleon Tours as “Greece’s Leading Travel Agency” at the World Bella Azoidou, Travel Awards in 2017, in 2018 we did our best not only to hold our position but also Vice-President of Beleon Group to get the gold in “Greece’s Leading DMC” nomination; ● For the third consecutive year we attained high growth rates of room night sales in 5* Luxury Hotel brands: 45% growth in 2017-2018 (as of June 1, 2018), 33% growth in 2016-2017, 92% growth in 2015-2016; ● Concierge service, a new luxurious travel option in our collection introduced in 2017, has been enriched with a big number of offers in 2018; ● In 2018 we celebrate our 15-year anniversary in travel industry. Our success story is quite simple: hard work, ongoing development and the most important factor which is by the way our credo – reliability! You are welcome to experience it personally by choosing Beleon Group as your reliable partner in Greece & Cyprus. n 20 A. Diakou St. (1 Singrou Ave.), 11743, Athens, Greece Tel.: +30 210 9212584 Fax: +30 210 9212583 Email: info@beleon.com Website: http://www.beleon.com 133

TREASURES OF GREEΚ TOURISM 2019

Celestyal Cruises

A unique experience Celestyal Cruises operates two mid-sized vessels, each one cozy enough so its crews can provide genuine and highlypersonalized service to each passenger. As one of the major home-porting cruise lines in Greece and the preeminent cruise line serving the Greek Islands and the Eastern Mediterranean, part of the company’s mission is to make a significant contribution to the country’s economy. The company brings tourists to smaller destinations where their expenditures are powerful fiscal infusions for local economies. The destination is the foundation of the company’s philosophy. Its itineraries differ from other cruise lines because Celestyal Cruises blends marquee destinations with “off-the-beatenpath” ports of call: the company is dedicated to true cultural immersion, so its passengers can truly discover the Aegean and have authentic, lifetime experiences everywhere they visit, even during off-season months such as March, April, October and November. Celestyal Cruises’ extended seasons are a first step toward the company’s goal of sailing yearround Aegean cruises. Contribution to the Greek Economy Celestyal Cruises has its operational basis in Piraeus and operates hundreds of calls every year in the Greek ports. It therefore has a significant contribution to the Greek economy with a total economic impact estimated to €140 million every year. In 2018 our direct operating expenditure was €30 million, while we supported Greek food & beverage companies with €5.5 million; our total expenditure for promoting and advertising Greece in 2017 was €3 million across the world. We are also committed to employing local staff: we have more than 200 Greek seamen and marine officers on our vessels – this number corresponds to crew on 50 cargo ships – and more than 100 Greek office personnel onshore thus maintaining the know-how and accumulated expertise of cruise operations within Greece. We also undertake our vessels’ maintenance and upgrades in Greece, thus assisting the local ship repair industry as well. Celestyal Cruises is therefore a proud contributor to the Greek economy whilst also promoting the best of Greece to the world. Awards In February 2018 Celestyal Cruises received four Cruise Critic Cruisers Choice Awards: two first place awards, for Shore Excursions and Value, and two second place awards, for Service and Entertainment. In 2017 Celestyal Cruises was given the UK Editors’ Picks Award for Best Service by Cruise Critic, the world's largest cruise reviews site and online cruise community, as well as four Cruise Critic Cruisers’ Choice Awards: 134

Best (mid-sized), Embarkation, Entertainment, Shore Excursions and Value. Corporate Responsibility Celestyal Cruises is deeply committed to sustainability and ethical business practices. The company actively supports the local communities in the destinations it visits, particularly in the field of education. Since 2015, more than 2000 students on the Greek islands of Milos, Patmos, Samos and Ios have enjoyed a ‘journey to knowledge’, by attending specialized educational programs, initiated by Celestyal Cruises. Additionally, Celestyal Cruises supports cultural NGOs to promote youth entrepreneurship, marine student development and child welfare. ISO Certification The entire spectrum of Celestyal Cruises’ ship management, including technical, hotel and crew management, and offices, are certified in accordance with ISO 9001/14001 standards. The certifying authority is DNV-GL, which is by widely recognized as the biggest and most respected rating agency in the marine industry. Connect with Celestyal Cruises: Facebook, Instagram, Twitter, LinkedIn n

Chris Theofilides, CEO

25 Akti Miaouli, 18535 Piraeus, Greece Tel. +30 216 40 09 999 Fax. +30 216 40 09 629 E-mail: info@celestyalcruises.gr Website: http://www.celestyalcruises.com Facebook: https://www.facebook.com/ CelestyalCruisesGreece Instagram: https://www.instagram.com/ celestyalcruises/ Twitter: https://twitter.com/celestyalcruise 135

TREASURES OF GREEÎ&#x161; TOURISM 2019

Diplomat Travel and Tourism

Travel agency with 30 years of experience The history of our travel agency, it starts almost 30 years ago, where the first company had been created and it is well known as DIPLOMAT TRAVEL.The diplomat travel is a travel agency with 30 years of experience ( it started his mode in 1987) with IATA, which was one of the first companies, that had be given to Greek companies. It consists from a young and highly experienced people in tourism industry. From the year of 2017 and after we have the luck and the pleasure to offer you our services online through the booking and air ticket form and booking platform : Ask2go. com for airline tickets and hotels and diplomattravel.gr for travel packages around the world . This made our company stronger and more experienced, but also it has greatly increased our clientele.These days, the clientele of our companies serves a large part of tourism in Greece and Europe, but also in America. WHAT MAKES US BETTER The booking engine, that we have created prepares more than 3 million travel requests per minute so that our customers can get a complete set of options and prices for airplane, train or ship routes. Having collected a huge part of data from daily bookings, we are able to use and process them for our sole purpose to make your search experience smoother and more functional. n

George Karavatakis, Owner 136

Voutsina 68 Cholargos, 15561 Athens Tel.: +30 2106517509 Email: support@diplomattravel.gr Website: www.diplomattravel.gr

137

TREASURES OF GREEΚ TOURISM 2019

Cretan Holidays SA

Your best DMC partner in Greece Cretan Holidays SA is a Destination Management Company, since its establishment in 1972, a member of the K. Badouvas S.A. Group, along with the Mare Hotels and Autocandia Car Rental ”sister” companies. We are very proud about our products and services and we are dedicated in offering the best quality to our customers. Our focus is customer care. We want to build a close relationship with our customers and have a personal contact with them. In order to achieve this relationship we have well trained and experienced personnel, our own means of transport, our own representative services. Thereby, we are able to control the quality of our products and services and offer them in very competitive rates.

Kostas Markakis

CEO, Cretan Holidays

74 Miltiadi Karatzi Str., GR-71601, Heraklion, Crete Tel.: +30 2810 331428 Fax: +30 2810 221548 E mail: info@cretanholidays.gr www.cretanholidays.gr www.greekholidays.travel www.autocandia.com 138

The 45 years of operation provided us the knowledge and experience for the future. Based on this knowledge and experience, we enhanced our expansion strategy all over Greece at 11 destinations, becoming 1-stop-solution to our partners. Specifically, at the destinations of Crete, Rhodes, Kos, Samos, Corfu, Zakynthos, Kefalonia, Lefkas, Kalamata, Chalkidiki, Thassos. We offer new products and services, which we are confident they will satisfy our customers. We collaborate with 12 different source markets, mainly from the West & East Europe, building long-term relationships with our partners. We use the latest technologies, so as the communication with our collaborators can be held immediately and seamlessly. Cretan Holidays S.A. consists of a team of 172 experienced employees and provides its quality services to 400.000 guests annually, turning the company into one of the most important players in the Greek tourism sector! Despite the rapid growth in the recent years, we maintain the personalized service to our guests and we promise constantly investment in technology and in our people. n

TREASURES OF GREEÎ&#x161; TOURISM 2019

e-travel S.A.

Serving over 1,500,000 travelers e-Travel is an e-commerce company specialized online travel. It's one of the top 10 online travel agencies in the world in selling flight tickets and one of the most successful start-up ventures in Greece. Launched in 2007 in Athens, we have been awarded several times as one of the fastest growing companies in the country. We currently employ 170 people in Athens and 20 in Manila. e-Travel operates 10 websites, translated in 40 languages serving over 1,500,000 travelers annually from all over the world. n

7 Kifisias Ave., GR -115 23 Athens Tel.: +30 213 0184000 Fax: +30 211 8001181 Website: www.e-travel.gr 139

TREASURES OF GREEΚ TOURISM 2019

GOLDAIR HANDLING SA

Progressive thinking, Innovation, Hard work Goldair Handling is a leading supplier of ground handling services in South East Europe. In Greece, Goldair Handling offers the full range of passenger, ramp, aircraft, cargo & mail services. Goldair Handling also provides representation of airlines, flights supervision, crew administration, as well as VIP, executive aviation and airport lounge services. Goldair Handling is the first private ground handling company to operate in the liberalized Greek market since 1999. Since then, Goldair Handling was granted ground handling licenses to the airports mentioned below, resulting to a network of 26 airports in Greece, while the firm has won various awards from its valuable partners - airlines, authorities and airports. Goldair Handling serves the following airports: Athens, Heraklion, Thessaloniki, Rhodes, Corfu, Chania, Kos, Zakynthos, Mykonos, Santorini, Kefallinia, Samos, Chios, Mytilene, PrevezaAktion, Kavala, Kalamata, Skiathos, and Araxos Karpathos, Alexandroupolis, Ioannina, Lemnos, N. Aghialos-Volos, Paros, Skyros. The company’s clientele includes more than 100 airlines including Aegean Airlines, AirFrance, Alitalia, Emirates, easyJet, Etihad, KLM, Lufthansa, Olympic Air, Qatar Airways, Turkish Airlines and many more. Goldair Handling maintains a certified Quality and Environmental Management System. Goldair Handling is the first ground handling provider in Greece certified by IATA Safety Audit for Ground Operations (ISAGO), for the Organization and Management of the Company, as well as for the stations of Athens (ATH) and Thessaloniki (SKG). Goldair Handling is also active in Cyprus, through LGS Handling Ltd., which is a joint venture between Louis Group and Goldair Handling, formed in 2008. Also, Goldair handling established its subsidiary company Goldair Handling Bulgaria, and in June 2010 acquired full handling license for Sofia International Airport. In 2017, the firm served more than 120,000 flights, while it made a €6-million investment in ground-based equipment. New partners added to its clientele include: Corendon Europe, Charlie-Cyprus Airways, Sundair, All Nippon Airways, Signature, Air Mediterranean, Azur Air Germany, VLM Airlines, Nordica and other smaller charter and general aviation companies. The firm’s cooperation with Aegean/Olympic Air was further strengthened by taking over the flights in 10 Greek destinations, and serving all its flights and cargo at all Greek airports. n

140

Kallinikos Kallinikos,

Executive Vice President

Athens International Airport “El. Venizelos” Building 24, 1st Floor, 19019 Spata, Greece Tel.: +30 210 3543889 Fax: +30 210 3543750 E-mail: ceo.secretariat@goldair-handling.gr Website: http://www.goldair-handling.gr

TREASURES OF GREEΚ TOURISM 2019

Hospitality Integrated Technologies HiT Hospitality Integrated Technologies S.A. is the top hospitality integrator in Greece, covering over 85% of the computerized hotels and exceeding 1380 installations. Part of the company’s expansion plan towards the Middle East was the opening of HiT Cyprus Ltd which has been operating successfully ever since 2005. HiT S.A. has been repeatedly awarded with prestigious hospitality awards, such as Diamond Of The Greek Economy - 2014, Entersoft Partner Of The Year - 2015 - Installed Base, Golden Special Award for Best IT, Web & Telecoms Supplier - Greek Hospitality Awards – 2016, Best Performing Company - Treasures of Greek Tourism - 2017. In 2004, our company undertook the great responsibility of providing the PMS Software for the “largest hotel on earth”, the Olympic Village of XXVIII OLYMPIC GAMES in Athens, one of the biggest I.T. projects on an international scale, consisting of 28 different reception areas, the Olympic Village with 16.000 beds, accommodation for team escorts, judges, cruise ships’ management e.t.c..

The mission of the company is to provide high quality services to its customers at competitive prices, that’s why we search for the best applications from abroad [Protel Hotel Software] alongside with developing innovative and customized solutions [Ermis PMS, symPOSium Web POS Suite] designed on the specific needs of the Greek market. Our philosophy of project management is to provide hoteliers with a totally integrated solution, in order to fulfil their individual needs, from the planning stage to the certification of each project. With the foundation of HiT exelixis S.A., a new consulting company specialized in the hotel sector, HiT S.A. continues expanding and takes care of the newly raised needs of hospitality, providing high level information systems’ and networks’ data security consultant services to computerized hotel units and chains. REPRESENTATIONS - COOPERATIONS ■ Protel GmbH ■ Vodafone ■ Microsoft ■ Siemens ■ IBM ■ Dell ■ Entersoft Find us on the Web: www.hit.com.gr Send us an e-mail: contact@hit.com.gr | info@hit.com.gr Join us on Facebook: @HospitalityIntegratedTechnologiesHIT

Yiannis Mytilineos, CEO

141

THE HIGHWAY LEADER

Vassilios Maroulis

President, Maroulis Travel

Since its establishment in 1977, Maroulis Travel is the top choice in the Greek touristic passenger transportation industry. It has been established as the strongest and most recognizable brand in Greece for business and leisure passenger transportation, being synonymous with high quality service and safety.

Serving more than 950.000 passengers on an annual basis and successfully attending highly demanding business partnerships with leading names in the Greek and international tourism industry, the companyâ&#x20AC;&#x2122;s mission is to create and provide high quality, and above all, safe travelling experiences.

Following and implementing the latest practices of the international touristic passenger transportation industry for 40 years, Maroulis Travel ensures exceptionally reliable services to its clients. Applying an innovative integrated safety and high quality services policy, the company successfully meets even the most complex of demands as it manages every passenger transportation request with consistency, punctuality, credibility, efficiency and above all with the utmost respect to customers. Maroulis Travel manages the youngest and safest fleet of coaches in Southeast Europe, consisting of 98 stateof-the-art Mercedes-Benz and Setra buses. These coaches are the leading high standard choice, offering comfortable, enjoyable and safe transportation. A first-class choice for the most demanding are the 15 Exclusive Mercedes-Benz Limo Mini Buses, which are the most technologically advanced and luxurious offered in the Greek market.

Maroulis Travel has been certified by the ICAP Group as one of the strongest companies in Greece (ICAP Strongest Companies in Greece Certificate). It is a member of IATA, the Greek Tourism Confederation (SETE), the Hellenic Association of Travel and Tourist Agencies (HATTA) and the General Pan-Hellenic Federation of Tourism Enterprises (GEOPET).

Safety: A Priority for Maroulis Travel Maroulis Travel places great emphasis on passenger safety and on providing services of the highest quality. In doing so, the company constantly introduces innovative policies and practices in the sector of touristic passenger transportation. Maroulis Travel is the first passenger transportation company in Greece to have implemented the guidelines of the new international standard ISO 39001:2012 regarding Road Traffic Safety and the first to have been certified by TÜV HELLAS (TÜV NORD). The Maroulis Travel Road Traffic Safety Management System focuses on identifying and managing possible dangers in passenger road transport and on implementing the policies and guidelines of Road Traffic Safety. Its objective is to eliminate any kind of incident relating to passengers who trust the company’s fleet for their transportation. This recognition is the result of a thorough international inspection of the company’s drivers and vehicles. For passenger and employee safety, Maroulis Travel, in addition to the Road Traffic Safety Management System it is implementing: • Ensures that all drivers go through regular medical examinations • Regularly updates personnel about the latest developments in their field, through professional educational and training seminars on topics ranging from customer service practices to road safety • In partnership with the Hellenic Red Cross, trains its drivers in providing first aid to adults, children and infants • Regularly renews its fleet with an average age of coaches of just 5 years • Stations its coaches at privately owned, sheltered and guarded facilities • Regularly maintains it’s fleet, only at the facilities of Mercedes-Benz Hellas, according to the manufacturer’s strict maintenance guidelines • Ensures that specialized personnel conducts technical inspections of the buses prior to their departure from the company’s facilities and upon their return • Is the only company in Greece offering unlimited passenger insurance coverage • Is the first company in Greece that offered insurance coverage for lost luggage

TREASURES OF GREEΚ TOURISM 2019

Passion for Challenge! Mideast Travel Worldwide has been awarded as World’s & Europe’s Leading DMC for 2018 and Greece’s Leading DMC for 2014, 2015, 2016 & 2017 by the World Travel Awards. Operating since 1983 as a travel agency that caters for the exclusive needs of the Arab tourists traveling to Greece, the company started adding more markets, attaining more partnerships, optimizing the quality of services offered and thus expanding the company’s customer base. Today, Mideast is listed among the top travel providers in Greece. Mideast offers its services worldwide from its Head Office in Athens as well as from its branches in Istanbul and in Mykonos. Since 2016, the company is the Official Partner of BCD Meetings & Events in Greece. Our services Your needs’ satisfaction as our main target throughout our history of service, has lead us form specialized teams in order to fulfill your wishes. This is another proof of our “We care!” philosophy. Our strategic pillars of activity follow: ■ Business & Leisure Travel in Greece and the World ■ Destination Management for all travel services in Greece ■ M.I.C.E. services all over the world ■ Luxury & Concierge Services worldwide 24/7 ■ Weddings & Events organizing in Greece

Athens: 105-107 Vas. Sofias Ave. 115 21 Tel: + 30 211 211 8888 Fax: + 30 210 642 6147 Email: mideast@mideast.gr 144

TREASURES OF GREEΚ TOURISM 2019

Manessis Travel

30 Years of Travel: Looking after travellers since 1988 Manessis Travel SA was founded in 1988 to offer inclusive tourism services, specializing on the needs of modern travellers. Established as one of Greece’s largest travel agencies, the firm has strong and lasting partnerships with the largest airlines and ferry companies, as well as with the most popular hotel complexes both in Greece and around the world. From the founder Andreas Manessis and the Board of Directors to our in-house and outsourced partners, the firm’s timeless principle has always been: Travellers First! The firm enjoys a steady growth rate that speaks for itself on the quality and variety of services offered. Indicatively, sales have risen from 3.9 million euros in 1999 to 15 million euros in 2005, 22 million euros in 2010 and 32 million euros in 2016. At the same time, human resources have almost tripled from 27 in 2005 to nearly 80 in 2016. In the present day, in spite of the country’s financial crisis, the firm employs more than 80 skilled executives, while its central Athens offices cover a floor space of 1500 sqm. Branches operate in the northern suburbs of Kifissia and Agia Paraskevi, and seaside Glyfada. The Manessis Organization now ranks among the top places in the Greek tourism market, as it has secured a major share in the service of domestic travellers and caters for a wide range of services: Travel in Europe (Scandinavia, Central Europe, Baltic Sea and Mediterranean), Trips in Greece, Exotic Trips (Chinese Sea, Mexican Riviera, French Polynesia, Antarctica, Caribbean, Hawaii, Amazon, even Alaska), Weddings, Cruises, Incentives, Business Trips), and Conferences. Manessis has so far served a total of approximately 1,500,000 travellers (individual or group) in its 30-year operation. In addition, the firm has an extra long list of corporate clients, while its top quality services to trusting travellers has allowed Manessis to strike deals with a number of renowned partners, including: Four Seasons, Hyatt, Hilton, Holiday Inn, Intercontinental, Marriott Group, Starwood and many others. Manessis’ “tools of success” are: quality, the use of high technology applications and its long and valuable experience. Above all, the firm believe that every trip must be a new and unique experience. Besides the provision of comprehensive and high-quality services, Manessis’ philosophy includes the continuous enrichment of the products, services and activities offered, aiming at fully satisfying the modern, well-informed traveller’s requirements. Quality travel is offered to more than 200 destinations, with over 400 different tours, making even the most demanding travellers happy. Manessis has broad expertise and long experience in the cruise field, as well as in any other form of travel!

Filellinon 4, 10557, Athens, Greece Tel.: +30 2112340927 Fax: +30 210 3220985 Email: info@manessistravel.gr Website: www.manessistravel.gr

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Tui Hellas

TUI is the world’s leading tourism group. The broad portfolio gathered under the Group umbrella consists of strong tour operators, 1,600 travel agencies and leading online portals, six airlines with around 150 aircraft, over 380 hotels, 16 cruise liners and many incoming agencies in all major holiday destinations around the globe. It covers the entire tourism value chain under one roof. This integrated offering enables us to provide our 20 million customers with an unmatched holiday experience in 180 regions. A key feature of our corporate culture is our global responsibility for economic, environmental and social sustainability. This is reflected in more than 20 years of commitment to sustainable tourism. In 2017 financial year the TUI Group with a headcount of 67,000 recorded turnover of €18.5 bn and an operating result of €1.102 bn. The TUI Group’s share is listed on the London Stock Exchange in the FTSE 100 index, in the Quotation Board of the Open Market on the Frankfurt Stock Exchange, and regulated Market of the Hanover Stock Exchange. Hotels & Resorts TUI Group operates over 325 hotels of its own with 239,000 beds in about 30 countries. The facilities run by our brands are located in top-class settings in the holiday-making regions – offering a variety of hotel formats with high standards of business performance, service quality and environmental management. The Group’s hotel portfolio includes such well-known brands as Riu and the premium-market Robinson Clubs. Cruises TUI Group gears operations to the specific desires of different customers. Hapag-Lloyd Cruises, with four ships, is the leading provider of expedition and luxury cruises in the German-speaking market. The joint venture TUI Cruises offers premium voyages. The fleet currently consists of six vessels. Marella Cruises has five liners serving the British market. TUI Cruises has even ordered three more ships. Destination Experiences TUI Group operates Group-owned incoming agencies or holds interests in incoming agencies in almost all countries of relevance to the travel and tourism market. They offer a broad range of services including transfers, excursions or round trips, contributing to quality assurance in the destinations. These agencies and their tourism services are clustered under TUI Destination Experiences.  Tour operators Many strong tour operators with leading positions in their own domestic markets are clustered under the roof of the TUI Group. In Germany they include TUI Deutschland, 1-2-FLY, airtours and Wolters Reisen, in the UK First Choice. TUI operators are also among the leading national brands in Austria, Poland, Switzerland, Denmark, Finland, Norway, Sweden, France, Belgium, the Netherlands, Russia and the Ukraine. Airlines There are six airlines in the TUI Group operating around 150 medium- and long-haul aircraft, including the largest fleet of the latest Boeing Dreamliners. The airlines are TUI Airways, TUI fly, TUI fly Belgium, TUI fly Netherlands, TUI fly Nordic and Corsair, serving more than 180 destinations around the world. 146

Amarousiou – Chalandriou 80, Marousi, Greece Tel.: +30 2103502000 Fax: +30 2103502710 Website: www.tuigroup.com

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