Greece as a touristic destination, either the islands or the resorts on the continent, was during the summer season of this year at the top of the Romanian tourists preferences, the agents having in many cases all places sold out before the beginning of the summer.The sales of package holidays for Greece started at the beginning of the year, so that in May there was no offer left, stated Madalina Balaiban, the owner of Hello Holidays.There were also tourists fond of all-inclusive holidays in Turkey who this year preferred Greece but who would have liked to find the same kind of services, all –included.There were also agencies who mentioned lower sales for the package holidays in Greece, an explanation being that of price increase."We have been tour operators on Bulgaria for years, but this year Bulgaria fell because they had very high prices, Greece too, we sold very thin," said Luminita Matei, general manager at Ecovoyage. Greece's tourism revenue hit a record in the first seven months of 2023, according to official data, while there is solid demand for travel in the autumn period, including November. The data supports estimates that there will be around 35 million foreign visitors this year as a whole and tourism revenues will exceed €20 billion, surpassing the previous record level of €18.17 billion set in 2019. According to a study, the Central Bank of Greece estimates for this year income from tourism of 21 billion euro, an advance of 15.6% against 2019 when the income was 18.17 billion euro and 19.1% as compared to 2022 when the income was 17.63 billion euro.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
