Greece Crisis Ripples Across European Companies as Markets Swing

Greece's financial turmoil rippled across corporate Europe as a market rout sabotaged planned bond sales and stock offerings and threw companies into crisis-response mode to deal with unsettled customers.

German real-estate investor ADO Properties shelved its planned initial public offering, citing volatile markets, while Adler Real Estate halted plans to sell a convertible bond to shareholders. Travel companies TUI AG and Thomas Cook Plc fielded calls from travelers about access to cash after Greece introduced capital controls to prevent bank collapses.

The crisis is "paralyzing decision-making in Europe," threatening jobs and slowing economic growth, said Ulrich Spiesshofer, the chief executive officer of Swiss engineering company ABB Ltd. Many ABB clients are rattled by the situation as the Greek crisis adds to a slowdown in China and uncertainty about the economy in the U.S. and U.K., the CEO said.

While Greece represents only a small market for most major European companies and executives have been able to prepare for a direct fallout for years, the crisis has called into question the economic stability of the entire region sharing the single currency. Greece's financial collapse could spread instability to much more consequential economies like those of Italy, Spain, or even France.

Baby Formula

"The real risk is that the crisis in Greece triggers broader contagion to the euro zone and global financial markets," said Neil Shearing, an economist at Capital Economics in London.

Some European companies are actually preparing for increased Greek demand. Dutch dairy-products producer Royal FrieslandCampina NV said it's increasing its supplies in the country as nervous Greeks stock up on basics like powdered milk and baby formula.

European tourists are meanwhile reconsidering their journeys to one of the continent's most popular summertime destinations.

"Increasingly people are asking the call center whether than can still go," said Hanita van der Meer, a spokeswoman for tour operator Thomas Cook. "There has been some decline in bookings, but not in the extremes" – although the company is advising travelers to bring more cash from home.

Annoyance

Some of the effects were more mundane and a logistical nuisance than a hard corporate decision. In Berlin, Siemens AG scrapped a long-planned speech by its chief technology officer, saying the audience would be more preoccupied with the latest in Greece than with innovation from the German engineering giant.

Greece introduced capital controls on Monday that limited cash withdrawals and the transfer of money abroad. Prime Minister Alexis Tsipras called a July 5 referendum on what he has called a vote on austerity, effectively deciding his country's future in the single currency.

About $1.5 trillion was erased from the value of global equities Monday, the most in two years, after Tsipras called the shock vote. With some experts putting the odds of a Greek exit from the euro zone as high as 85 percent, Europe faces a week or more of high drama that could threaten the integrity of the world's largest currency bloc.

"This situation can't carry on much longer because someone has to recognize that like this there can be no winners," said Boris Boehm, a fund manager at Aramea Asset Management in Hamburg. "It's two cars driving toward each other at full speed and no-one's willing to change direction."

Executives representing industries from beverages to advertising said they have spent the last years whittling down their activities in Greece as the country's economic crisis deepened. Ivan Menezes, the CEO of beverage company Diageo Plc, said its Greece business is today only a quarter of the size in net sales that it was in 2008.

"Greece is 0.1 percent of our revenues and falling as a percentage," said Martin Sorrell, the CEO of advertising group WPP Plc. "We've had enough time to plan!"

Source: Greece Crisis Ripples Across European Companies as Markets Swing

European tourists cancelling Tunisia vacations after massacre

Tunis (AFP) - Thousands of European tourists are cancelling planned vacations to Tunisia in the wake of last week's massacre at a beach resort by a gunman whose attack was claimed by the Islamic State group.

Tour operators said Monday that many clients were scrapping plans entirely or asking to go to other, safer destinations. Some of the travel companies had taken the initiative themselves to suspend travel to Tunisia.

The trend began on Saturday, the day after 38 people -- most of them British tourists -- were killed at the Riu Imperial Marhaba hotel resort by the Tunisian gunman, who was then shot dead by police.

The cancellations have grown since as perception spread of Tunisia as a risky holiday spot targeted by anti-Western jihadists. In March, the North African country suffered an attack at a museum in its capital that killed 21 tourists.

TUI, the German group that is the biggest leisure and tourism company in the world, said Monday it had re ceived 500 requests for "changed reservations" since the weekend. It declined to say how many Tunisia reservations it had been handling.

Germany's number two tourism company Der Touristik said the latest attack had caused around half of its customers who were meant to have left on the weekend to stay at home.

View gallery Tourists take part in a gathering in solidarity with Tunisia's tourism industry on the island of …

A spokeswoman said the company had taken "several thousand reservations" for Tunisia for the peak vacation months of July and August, and that as of Monday there were 400 cancellations or changes for other destinations.

Demand had slowly bounced back after the March attack in Tunis, "but has now again been reduced to nothing," she said.

In France, the head of the SNAV national association of travel agents, Jean-Pierre Mas, told AFP that, of around 10,000 vacation packages reserved for Tunisia for July, 80 percent were cancelled or modified.

Rene-Marc Chikli, of the French tour operator association SETO, said between a quarter and half of the 50,000 reservations had been changed.

He said "the worst effect" was on the last-minute bookings that would normally have filled spare capacity.

View gallery Flower bouquets are seen at the site of a shooting attack on the beach in front of the Riu Imperial  …

"All the last-minute market is sunk," he said.

In Belgium, "more than 15,000" customers were affected by the decision by the travel company Neckermann -- a subsidiary of Thomas Cook -- to cancel Tunisia packages until the end of August in line with a foreign ministry warning.

Jetair, another Belgian company, has also suspended Tunisia trips until the end of July, representing "thousands" of cancellations, a spokeswoman said.

In Britain, which was reeling from the number of citizens killed last week, no figures were available Monday on the number of cancelled vacation trips.

A spokesman for the Association of British Travel Agents said however there had been a "clear impact" on Britons who had been planning vacations in Tunisia.

Tunisia

Source: European tourists cancelling Tunisia vacations after massacre

Casablanca, Destination for the International Surf Championship Quiksilver Pro

Rabat – The World Surf League (WSL) has announced that Casablanca will be one of the destinations for the international surf championship Quiksilver Pro.

Quiksilver Pro Casablanca will be one of the six-event leg in Europe and will take place at the Pepsi spot (Lalla Meriem beach), in front of Anfa Place. The leg will be from September 8 to 12.

The World Surf League announced that this event will allow professional surfers to compete in the North-African region for the first time. The league also thanked the Fédération Royale Marocaine de Surf et Bodyboard (FRMSB) for its help in supporting the project, notably through its sponsorship. The president of the FRMSB, Mohammed Kadmiri, said that Quiksilver Pro Casablanca will be "a historical moment for the surf industry in our country [Morocco]."

Morocco has over 3500 Km of coastline and has become a destination for many Moroccan and international surfers. Hosting a QS Pro will help boost its worldwide reputation. QS surfer Ramzi Boukhiam expressed his joy at the fact that the event will be hosted in Morocco. Hosting this large event demonstrates Morocco's interest in surfing and will encourage Moroccan surfers to compete on a larger scale.

On top of hosting one of the destinations for the championship this year, the award ceremony declaring the European champion will be announced in Casablanca. The title allows the winner to participate in any major surf event for the next season.

Join the Conversation. What do you think?

Source: Casablanca, Destination for the International Surf Championship Quiksilver Pro

Tunisia’s postcard destination reeling from beach resort attack that killed at least 38

SOUSSE, Tunisia (AP) — Tunisia's postcard destination for tourists is reeling from the terror that blighted another day of play at the Mediterranean seaside resort of Sousse. A man armed with a Kalashnikov and grenades gunned down tourists on a private beach, and then moved methodically through the grounds of a luxury hotel — to the swimming pool, reception area and offices.

At least 38 people were killed and wounded dozens of others in Friday's deadly noon rampage by a young Tunisian disguised as a tourist ready for fun in the sun.

From accounts of the attack by shocked survivors, tourists who stayed on, lifeguards and beach employees who helped at the site of the massacre emerge stories of love and horror.

No one grasped what was happening at first in what became Tunisia's worst terrorist attack. Were the popping sounds and explosions fireworks for yet another celebration?

On Saturday, the private beach of the 370-room Imperial Marhaba Hotel was immaculate with chairs lined up under straw umbrellas — and police tape sealing it off. Only the emptiness and an overturned lounge chair with flowers accumulating hinted at the horror. "Why? Warum?" read a note on one bouquet. "Warum" is German for "why." Sousse is a popular destination for Germans and at least one German was killed in the attack.

Some people cried as they placed their offerings.

Then there are the horrific recollections of the living — many of whom quickly fled Sousse.

___

Tony Callaghan of Norfolk, England, was near the pool around midday when he heard what many others thought were fireworks. With his 23 years in the Royal Air Force, Callaghan knew better.

"I knew it was gunfire … The hotel was being attacked."

Callaghan, 63, suffered a gunshot wound to his leg and his wife, Christine, 62, had her femur shattered. Both were among those being treated at Sahloul Hospital, the largest in Sousse.

Along with what he said were some 40 people, they had taken refuge in the hotel's administrative offices, not far from the reception area. They climbed to the first floor, "but then we were trapped." Callaghan said he told people to hide because the gunman was following "and shooting coming up the stairs."

His wife stumbled in the corridor and "was screaming 'Help me! Help me!'" Callaghan said shortly before heading for surgery. Another woman had been shot four times, he said, and "was lying in a pool of blood."

The gunfire appeared endless. For Callaghan, it lasted about 40 minutes. "It was, like, incessant."

But no one really counted as they looked to save their lives. Some others suggested it lasted about 20 minutes.

The attacker "took time to go to the beach, to the pool, the reception, the administration, climbing the stairs," said Imen Belfekih, an employee for seven years at the hotel. She was among those hiding in the administration offices, along with a fellow employee, who was wounded in the attack.

Belfekih said that the attacker threw a grenade as he climbed the stairs to the rooms where the group was hiding, apparently following the screams of fear. Her colleague was hospitalized with shrapnel wounds.

"We saw only black. It was smoky. Everyone was hiding in offices …. I hid under a desk," she said.

A police officer who was called to the scene told The Associated Press that the gunman threw three grenades — but one failed to explode. He wasn't authorized to speak publicly about the case and asked not to be identified by name.

Belfekih said she was on the beach when she first heard the gunfire. She and her wounded friend only left their hideout "when we heard silence."

The varying accounts of the ordeal made it difficult to understand exactly where the gunman was killed by police. However, he apparently went back downstairs to make an escape. Several accounts put the location outside. And no one who spoke with the AP could clearly describe him.

"I never saw him because we were running for our lives," Callaghan said.

___

The hotel manager, Mohamed Becheur, said he had no details about the tragedy that befell his establishment, arriving later when notified and after the attack.

He has not officially closed the hotel, though concedes that everyone will shortly be gone.

"We may have zero clients today but we will keep our staff," Becheur said.

His hotel was a scene of chaos for hours, with people hiding out in halls, offices and bathrooms.

Marian King, from the Dublin suburb of Lucan, was in her final few hours before departure when chaos struck. Then a British woman ran into the lobby screaming that her husband had been shot and was "lying on a sunbed in a pool of blood."

King immediately returned with her son to her room, hiding for two hours in the bathroom as sounds of gunfire continued for what she said was an hour. Others from the hotel joined them.

"There were footsteps in the corridor and people running back and forth, shouting in all languages, every language," she told Irish radio station RTE.

Travel agents were calling with rides out of town, and with a 10-minute warning "we chucked everything into bags and went."

___

On Saturday, a pall hung over sunny Sousse. Scattered sunbathers who said they weren't afraid waded in the water. An occasional police patrol boat skimmed the water, and police on horseback worked the sand. But there was little sign of the violence a day earlier.

But there was lots of praise from tourists for employees of their respective hotels who may soon be out of work if Tunisia's prime industry, tourism, is gutted by the attack.

Employees at nearby hotels or those with outlets on the beach joined in the rescue operation, running to the massacre site to lend a hand.

"You hear the gunfire. You can't count the number of times," said Haytham, a lifeguard at the nearby Royal Kenz Hotel. He and others cleared the beach and moved some wounded into ambulances. Visibly shaken, he and a group of tourists laid a bouquet at the doomed beach.

Faycal Mhoub, who from his post at the beach offers camel rides, rushed from his circuit when he heard the news, putting tourists in the family home, then went to help moved the wounded.

"I live with the tourists more than with my family," he said. "I don't know how many months or years tourists won't come, but I'll be at my spot."

___

Shawn Pogatchnik contributed to this report from Dublin, Ireland.

Source: Tunisia's postcard destination reeling from beach resort attack that killed at least 38

Fluminense confirm sale of Brazilian wonderkid; Chelsea reportedly the destination

According to reports in Brazil, Chelsea have reached an agreement for their second signing of the summer transfer window on Friday. The Blues have been linked to Fluminense attacker Robert Kenedy, and following the Brazilian club's confirmation that the player has been transferred to a club in Europe, Globo Esporte is claiming that Chelsea was the club with a transfer fee of €10 million.

If accurate, it's unlikely that the player will qualify for a work permit in England, despite his impressive performances at the U20 level for Brazil. A loan spell abroad looks fairly likely, with Vitesse Arnhem likely being the early favorite as far as a landing spot goes.

The 19-year old has made 40 appearances for Fluminense over the past three seasons, and has been capped for Brazil at both the U17 and U20 level. Here's a little look at what he can do with the ball at his feet:

Source: Fluminense confirm sale of Brazilian wonderkid; Chelsea reportedly the destination

EU lifts safety ban on all Philippine airlines

The decision comes after a five-man EU safety assessment team gave a positive review of the airlines following a series of inspections in April.

MANILA: Philippine airlines will no longer be banned from flying into Europe, aviation authorities said Thursday, after the European Union removed all remaining Philippine carriers from its safety blacklist.

The EU list, which has included Philippine airlines since 2010, bars from operating in European airspace any airlines it deems unable to meet international safety standards, or whose civil aviation authorities cannot provide the necessary safety oversight.

"All airlines from the Philippines, banned since 2010, have been released from the (air safety) list and are therefore allowed to operate in the European airspace," a statement from the EU office in Brussels said.

The EU lifted the safety ban on flag carrier Philippine Airlines (PAL) in July 2013, and last year also released Cebu Pacific, the country's largest airline.

The latest decision lifts restrictions on the seven remaining Philippine carriers, said Eric Apolonio, a spokesman for the Philippine civil aviation authority, now allowing budget and smaller airlines to fly to Europe.

Among the seven carriers are the Philippine units of AirAsia Berhad, the pioneer of budget flights in Asia, the aviation authority said.

The decision comes after a five-man EU safety assessment team gave a positive review of the airlines following a series of inspections in April.

"This is truly breaking news since it is the first time that the entire aviation sector of one country is removed from the European Air Safety List," said Lubomir Frebort, the EU charge d'affaires in the Philippines.

While the seven carriers largely service only domestic and Asian routes, Apolonio said the EU decision will still benefit them.

Previously, European insurance companies would not cover people who flew on airlines on the EU Air Safety List, he said.

"European tourists will be encouraged to use low-cost carriers in the Philippines now," boosting the number of visitors who will want to fly around the archipelago, he told AFP.

PAL now flies to London and is planning to add more European destinations, while Cebu Pacific is applying to fly to Italy.

- AFP

The views expressed in the contents are those of our users and do not necessarily reflect the views of FMT.

Source: EU lifts safety ban on all Philippine airlines

Europe's refugee problem, then and now

This is not the first time that Europe has faced a wave of desparate refugees. Nor is it the first time that its response has left a lot to be desired. According to Zeid Ra'ad Al Hussein, UN High Commissioner for Human Rights, the continent should recall its past when considering how to deal with the people who are willing to risk everything crossing the Mediterranean to reach its shores

Earlier this spring, I drove to a beautiful spot on the southern bank of Lake Geneva. My destination was the Hotel Royale in Evian-les-Bains. It was there, in July 1938, that 32 nations met for a shameful discussion that has been virtually airbrushed from our memory.

Convened by US President Franklin D. Roosevelt in response to the massive refugee crisis triggered by Hitler's virulent anti-Semitism, the Evian conference was a catastrophe. And its disastrous outcome needs to be recalled in the light of Europe's current migration crisis.

The Evian conference was supposed to address the plight of hundreds of thousands of German and Austrian Jews who were desperate for refuge. Roosevelt believed that only a collective solution could meet the challenge. Hitler, too, hoped that other countries would accept them.

In a speech in Konigsberg that March, he jeered, "I can only hope and expect that the other world which has felt such deep sympathy for these criminals will be generous enough to transform this pity into practical aid. As far as I am concerned we are ready to place our luxury ships at the disposal of these countries for the transportation of these criminals." He had already begun to expel Jews, including by placing them forcibly on ships and sending them to various destinations in the Mediterranean and across the Atlantic.

Rejected by Europe, North America and Australia

But throughout Europe, the refugees faced rejection. On 6 June 1938, as preparations for the conference were underway, the US State Department received a letter concerning 51 Austrian Jewish refugees stranded on a small boat in the international waters of the Danube. The writer recalled seeing: "the heartrending fate of 51 human beings driven from one frontier to the other. We have gained personal knowledge of the unspeakable misery that has innocently befallen 100,000 inhabitants of Austria."

And yet in Evian the following month, although many European delegations voiced eloquent dismay over the torment experienced by the Jews of Germany and Austria, they were unprepared to take concrete action. The outcome of the meeting was clear: Europe, North America and Australia would not accept significant numbers of these refugees.

In the verbatim record, two words were uttered repeatedly: "density" and "saturation". The European countries were already beset with population "density" and had reached a point of "saturation" – in other words, there was simply no more room at the European inn.

It was an absurd thing to say, of course, in 1938, given the size of Europe's populations today. And it would be an equally ridiculous thing to say now too.

To be sure, the participants in Evian could not have foreseen the Holocaust, or that Europe was being drawn into another devastating war; nonetheless, their lack of moral conscience was breathtaking. Many of the countries that refused to take in suffering refugees were themselves, in due course, occupied and brutalised by the Nazis – and desperate for the compassion that they denied the Jews in July 1938.

The Nazis must have revelled in the knowledge that their virulent anti-Semitism found an echo – sometimes not so faint – in the rest of Europe. They also came to realise that if expulsion was not possible, extermination eventually would be.

The shameful rise of anti-migrant, anti-minority sentiment

Today, anti-Semitism, Islamophobia, racism, xenophobia and anti-migrant sentiment are again rising across Europe, and we must stop now and reassess precisely where we are. A major British tabloid newspaper recently felt it acceptable to allow one of its columnists to call immigrants "cockroaches". Rwanda's Radio Television Libre des Mille Collines used the same word to describe Tutsis in the run-up to the 1994 genocide, as did Julius Streicher's Nazi newspaper "Der Stuermer" to describe Jews. Political leaders across Europe regularly – and shamefully – blame migrants for their national woes.

Attacking migrants or minorities – whether crudely, through language, or more subtly, through policy – is unacceptable everywhere, full stop. When words are formulated with the clear intention of causing harm and violence on national, racial or religious grounds, freedom of expression becomes incitement to hatred, which is prohibited by law. Countries that have ratified the International Covenant on Civil and Political Rights, which includes all European Union members, are bound to uphold it.

And yet Europe's current proposals on migration leave much to be desired. The continent needs to recall its past more sensitively, and be more generous to the desperate people crossing the Mediterranean. Francois Crepeau, the United Nations special rapporteur on the human rights of migrants, observed in a recent interview that Europe, Australia and Canada could easily resettle one million Syrian refugees over the next five years, and they could add Eritreans to that list and extend this policy to seven years. So why is Europe proposing to accept a paltry 20,000–40,000 people annually for resettlement?

To the European politician strongly opposed to migration, I suggest that the next time you need hospital treatment, take a look around you: many of the people caring for you have a migrant's tale. And should you quench your thirst with the famous water drawn from Evian-les-Bains, you may wish to reflect on the craven failure of a conference that could have saved so many lives – and on what it can still teach us today.

Zeid Ra'ad Al Hussein© Project Syndicate 2015

Source: Europe's refugee problem, then and now

London retains crown in 2015 MasterCard Global Destinations Cities Index.

Study reinforces the increasing importance of insights, innovation and experiences in building the smart cities of the future.

Driven by insights into travel patterns, the Global Destinations Cities Index provides a ranking of the 132 most visited cities around the world.

More than just a travel tracker, the Index delivers deeper understanding of how people move around the world and speaks to the importance and prominence of the world's cities as homes, destinations and engines of growth.

According to the study, London is projected to receive 18.82 million international visitors in 2015, just slightly ahead of second-ranked Bangkok. The two cities have topped the Index throughout its five-year history. Forecasted overnight visitors to the rest of the top 10 cities include:

Bangkok – 18.24 million

Paris – 16.06 million visitors

Dubai – 14.26 million visitors

Istanbul – 12.56 million visitors

New York – 12.27 million visitors

Singapore – 11.88 million visitors

Kuala Lumpur – 11.12 million visitors

Seoul – 10.35 million visitors

Hong Kong – 8.66 million visitors

"MasterCard understands the importance of cities around the world both for travelers and those who live there," said Ann Cairns, president of International Markets, MasterCard. "This year's study helps us understand just how interconnected the world's cities are the significant role they play in connecting and empowering greater numbers of people than ever before."

In 2015, it is expected that nearly 383 million overnight trips will be made by international visitors between the Index's 132 cities, representing a massive demand for goods, services and experiences as they spend at total of US$360 billion during their visits.

According to the UN report on World Urbanization Prospects, two-thirds of the world's population will live in cities by 2050. By forecasting the number of international overnight travelers, the Global Destination Cities Index shows the infrastructure needed to meet the expectations of both locals and visitors.

Businesses and governments can use the insights from the study to identify those areas – from transit to cultural experiences to infrastructure – in which investment is needed for continued growth, innovation and sustainability.

"This index is just the beginning. Through a powerful combination of insights, innovation and experiences, MasterCard is partnering to help build the smart cities of the future," said Cairns.

Infrastructure Innovation and Consumer ExperiencesMajor cities like London and Chicago are building an open, interoperable transit system facilitated by MasterCard contactless and mobile payments. The streamlined operations help support investments in other infrastructure.

MasterCard has also developed consumer marketing programs to support the significant role cities play as centers of human interaction. In fact, six of the top 10 Global Destination Cities are also Priceless Cities, a one-of-a-kind global platform that curates unique experiences, privileged event and attraction access, and special merchant offers.

Across the globe, a few key trends stand out, including:

Asia/Pacific – The region is home to three of the top four fastest-growing destination cities between 2009 and 2015 – Colombo, Chengdu and Osaka.

Europe – Istanbul is the most diversified destination, with 50 percent of its international overnight visitors coming from 33 feeder cites.

Latin America – Lima is both the top destination and the fastest growing city in the region, featuring almost 50 percent more international overnight visitors than second-ranked Mexico City.

Middle East and Africa – Dubai continues to be one of the fastest growing cities in the global top ten while Abu Dhabi is the third fastest growing destination city overall between 2009 and 2015.

North America – Houston is the fastest growing in North America since 2009 and is the only destination city in North America with double-digit growth.

About the MasterCard Global Destination Cities IndexThe MasterCard Index of Global Destination Cities ranks cities in terms of the number of their total international overnight visitor arrivals and the cross-border spending by these same visitors in the destination cities, and gives visitor and passenger growth forecasts for 2015.

Public data is used in deriving the international overnight visitor arrivals and their cross-border spending in each of the 132 destination cities, using custom-made algorithms; paying special attention to eliminate the hub effects for destination cities such as Singapore, Dubai, Amsterdam and Frankfurt.

This Index and the accompanying reports are not based on MasterCard volumes or transactional data.

About MasterCardMasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry.  We operate the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories.  MasterCard's products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.  Follow us on Twitter @MasterCardNews, join the discussion on theBeyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.

Source: London retains crown in 2015 MasterCard Global Destinations Cities Index.

North Iceland's Akureyri named summer's top destination in Europe

AKUREYRI, Iceland - The capital of North Iceland, Akureyri, has been voted the top destination in Europe to visit this summer by Lonely Planet. The leading travel publisher put its Europe-based editors to work on what they saw to be the top destination this summer. Akureyri and the nature highlights surrounding the North Iceland area topped the list.

"This year's list features a mix of rejuvenated classics, up-and-coming places making a bid for our attention, and a few out-of-the-way spots that just make us want to book a ticket, throw some stuff in a bag and go - welcome to Lonely Planet's best places in Europe for 2015."

Akureyri has a population of just 18,000 people but it is the heart of North Iceland and lures travelers with its fantastic local food and culture. Akureyri is a great base for exploring the local area, including Lake Mývatn where Game of Thrones 'beyond the wall' takes place, Goðafoss, the 'waterfalls of the gods' and the fishing village of Siglufjörður that holds the only museum in Iceland with a European museums award. Akureyri is also the number one ski destination for Icelanders.

Arnheiður Jóhannsdóttir, managing director of Visit North Iceland welcomes visitors to North Iceland. "We are proud to hear that Lonely Planet has seen the potential in North Iceland and Akureyri which is an area that has been growing in popularity during the past few years. We have many of Iceland's most popular natural attractions, such as Lake Mývatn, Dettifoss, Europe's most powerful waterfall, and in Grímsey island you can cross the Arctic Circle. The area is very versatile and has been attracting visitors during summer and also in wintertime when the magical northern lights dance in the sky and you can enjoy watching seals, whales, birds, ski in nature, take on exciting jeep tours or simply enjoy the icy landscape."

Source: North Iceland's Akureyri named summer's top destination in Europe

Losinj will join European tourism sustainability project

The community of Mali Losinj on the northern Adriatic island of Losinj and its tourism board are among the first in Croatia to take part in a European Commission pilot project called the European Tourism Indicators System (ETIS), used to measure tourism sustainability on the basis of more than 130 indicators.

The system, to be applied in this town and 100 more European destinations, will be used by those destinations to monitor, manage, measure and enhance their sustainability performances, without the need of any specific training.

"Along with obligatory indicators, Losinj has already been monitoring optional indicators as well... and we have been working for years on sustainability on the island, with 44.4% of the local tourism facilities using sustainability certificates; the percentage of visitors who are satisfied with their experience in Losinj is a high 96.3%," the local tourism board said, adding that for a long time it had been developing products and services under the slogan "Island of Vitality", taking care of visitors' satisfaction and tourism innovations and creativity.

"Participation in the ETIS project is a logical result of our activities so far; our efficient management and socially responsible business operations make us a positive example of a destination which knows how to develop its potential," Mali Losinj Mayor Gari Cappelli said.

The contribution of tourism to a destination's economic sustainability is measured by indicators of economic value. In that regard, Losinj has daily consumption per tourist of EUR 66.36 euros; the ten biggest local tourism companies participating in destination management dedicate 77.7% of their activities to cooperative destination marketing, while 70% of tourism companies procure at least 25% of the food and drinks they offer from local/regional producers.

ETIS indicators of social and cultural impact measure the effects of tourism on a destination's residents and cultural heritage - the population density in Losinj is 35.9 people per square kilometre and 95% of local residents are satisfied with the local tourism industry in which women account for 59.6% of all employees and hold 33% of managerial positions.

The other indicators relevant for tourism and destination sustainability show that 56% of attractive locations in Losinj can be accessed by people with disabilities, 57% of the most important events focus on traditional/local culture, 77.7% of local companies are involved in programmes designed to protect the nature and alleviate the effect of climate change, 89% of companies have switched to low-energy lighting, 13.8% of all waste is recycled, and 47% of the local population participates in local strategies and programmes designed to reduce noise and light pollution.

An important element that has helped Losinj join ETIS is the fact that the island has an exceptional climate and unique flora and fauna (247 dolphins and 1,150 plant species).

Source: Losinj will join European tourism sustainability project

Hanoi, Warsaw and a resort you've probably never heard of in Egypt: The 10 best value destinations for Aussie travellers ... as Sydney is rated one of the most expensive

Hanoi in Vietnam ranked as the best value holiday destination for Australian travellers

An average three-day visit costs just $923 without air fares

Warsaw in Poland is the next best value for a short break

Sydney is considered among the most expensive at $1873 for a break

Cancun, Zurich and New York are rated as the least affordable 

By Frank Coletta for Daily Mail Australia

Published: 18:33 EST, 19 June 2015 | Updated: 18:33 EST, 19 June 2015

View comments

Hanoi in Vietnam is now considered the best value destination in the world for a short break for Australian travellers, at the same time as Sydney ranks among the most expensive.

The list of top 10 most affordable places sprung some surprises, with Poland and Egypt featuring at the top of a study by travel review website TripAdvisor.

The rankings are based on a three-night break for two people (through June to August), including the cost of a four-star hotel, a visit to three attractions, lunch on each day, a 3.5 kilometre taxi to and from dinner plus the cost of dinner itself.

The 2015 TripIndex Cities report placed Sydney just outside the top ten most expensive destinations (at 11th) after the likes of Cancun, Zurich, New York and London. The total cost of a three-night break in Sydney came to $1873.74. 

1. Hanoi, Vietnam  $923

Hanoi tops the list of the best value place in the world for Australians to visit

The street food scene is considered one of the main attractions in Vietnam

At just $923 for a three-night stay, Hanoi in Vietnam tops the rankings of best value holidays for Aussies

CHEAPEST GLOBAL DESTINATIONS FOR AUSTRALIANS (Australian $) Destination                             3.5km Taxi Trip                      Hotel Rate (per night)                            Three Day Stay   1. Hanoi (Vietnam)                          5.17                                    110.00                                                           923.37   2. Warsaw (Poland)                        25.23                                  110.24                                                           932.40    3. Sharm el Sheikh (Egypt)           7.32                                     128.36                                                          1034.46        4. Bangkok (Thailand)                   13.10                                   119.50                                                          1037.10  5. Mumbai (India)                         � �  6.26                                     152.38                                                          1067.25  6. Lisbon (Portugal)                        31.94                                   163.57                                                          1143.45  7. Kuala Lumpur (Malaysia)          8.22                                     116.83                                                          1153.08  8. Marrakech (Morocco)                 5.05                                     130.68                                                          1161.03   9. Manila (Philippines)                   14.56                                   176.79                                                       � �  1166.64  10. Berlin (Germany)                      31.24                                   148.66                                                          1173.81  *Ratings provided by TripAdvisor's TripIndex 2015 (all prices are in Australian Dollars) 

The review of 40 'key cities' found that a three-night trip for two in Hanoi will only set you back an average of $923.37 (excluding flights) which is nearly three times less than the price of a break in the world's most expensive destination, Cancun, Mexico, which comes in at an average of $2,546.31.

TripAdvisor says: 'The charming Vietnamese capital has aged well, preserving the Old Quarter, monuments and colonial architecture, while making room for modern developments alongside.'

'Lakes, parks, shady boulevards and more than 600 temples and pagodas add to the appeal of t his city, which is easily explored by taxi.'

2. Warsaw, Poland $932

Poland's sprawling capital Warsaw comes in second on the list of value holidays

Warsaw was almost destroyed during WWII but is considered great value for Australians looking for a cheaper European holiday

Warsaw came in at a surprising second place, just a few dollars more than Hanoi, at $932.40.

The authors say: 'Palaces and parkland abound in the Polish capital. Public transport - buses, metro, trams and trolley buses - make it accessible.'

'Visit the Royal Castle and the Gothic, cobbled alleys and baroque palaces of the Old Town - destroyed by German troops but now masterfully reconstructed.'

3. Sharm el Sheikh, Egypt $1034

For most Australian trav ellers Sharm el Sheikh in Egypt is a relatively unknown resort but TripAdvisor ranks it third in the best value

A three-day stay in Sharm el Sheikh costs on average $1034 for two people

You may never have heard of it but Sharm el Sheikh in Egypt is considered a great and affordable beach destination at $1034 for a three-day stop, even cheaper than Thailand.

'The Red Sea's warm water is great for swimming, and there are miles of great beaches in Sharm El Sheikh for working on your tan.

'It's easier to get there if you live in Europe, but even if you're farther afield, it's worth the trek.'

Admittedly, the authors say, the list was compiled before political unrest prompted many countries to issue travel warnings for Egypt.

4. Bangkok, Thailand $1037 

Thailand's capital is a popular destination for Australians, with more than 600,000 visits each year

Bangkok ranks 4th in the best value rankings at $1037

More than 600,000 trips are made to Thailand by Australians each year and Bangkok is ranked well inside the top 10 for value.

'It is full of exquisitely decorated Buddhist temples,' the site states.

'If you'd rather seek enlightenment in a gourmet meal, or dance the night away, the restaurant and nightclub scenes are among the best in the world.'

When undertaking the study, the 2015 TripIndex Cities report showed that travellers can find the best value predominantly in South East Asia, as four of the top ten cheapest destinations are located there; Hanoi, Bangkok, Kuala Lumpur and Manila.

5. Mumbai, India $1067

Once known as Bombay, Mumbai comes in at fifth for best value short holiday

Some of the cuisine awaiting Aussie travellers to Mumbai. An average three-day stay comes in at $1067

The average nightly rate in Mumbai, India is $156

Mumbai, formerly known as Bombay, 'is famous for its chaotic streets, for bargains and people-watching' according to TripAdvisor.

Mumbai ranks fifth for affordability for Aussie customers, at $1067.25 for a three-day stay.

'Outdoor bazaars top the list of attractions and popular waterfront destinations are Marine Drive, where visitors go to watch the sun set over the Arabian Sea, and the carnival-like Juhu Beach.'

6. Lisbon, Portugal $1143.45

Portugal's capital is a mix of cafe culture, music and centuries o ld architecture

Lisbon comes in at $1143 for three nights, second only to Warsaw in Europe for value for money to Australian travellers

Lisbon, the capital city of Portugal, is the next best European destination when it comes to value for money.

'An increasingly popular place to visit in recent years, with a warm Mediterranean climate in spite of its place facing the Atlantic Ocean,' the TripAdvisor report states.

'Lisbon's mix of traditional architecture and contemporary culture makes it the perfect place for a family holiday.'

Like most places in Europe, taxi travel comes at a cost, a round trip of about 3.5 kilometres comes to almost $32. 

7. Kuala Lumpur, Malaysia $1153  

The Petronas Towers in Kuala Lumpur are considered a must-see attra ction for visitors to Malaysia

The Batu Caves in KL. The Malaysian capital comes in 7th for best value to Australian travellers

Kuala Lumpur makes the top 10 at $1153, with hotel rates even cheaper than Bangkok at $116 per night.

'The famous Petronas Twin Towers, the tallest building in the world, provides a bird's-eye view of the cosmopolitan metropolis and houses a multitude of shops and art galleries,' according to TripAdvisor.

8. Marrakech, Morocco $1161 

The Moroccan city of Marrakech is widely recognised for its bustling bazaars 

Marrakech ranks 8th for cheapest destinations at $1161

Marrakech in Morocco comes in at position eight, with an average spend of $1161 for three days for Australian travellers.

'Your local farmers' or flea market may be a fun place to spend a Saturday morning, but it's got nothing on Marrakech's markets, spend a day here to immerse yourself in the spectacle,' according to TripAdvisor.

Morocco, however, is another country which has a departmental warning against it to 'exercise a high degree of caution'. 

9. Manila, Philippines 

Manila, where an average dinner will set you back $38, the lowest amount in the top 10 best value destinations

Manila in the Philippines comes in 9th according to TripAdvisor, at a cost of $1166 for a three-day visit

'Metropolitan Manila encompasses six cities and 12 towns, the capital of the Philippines is historic and modern, rich and poor,' according to TripAdvisor.

For a three-night stay it will cost two people $1166.

'A popular sight is the Intramuros, a walled area that was the capital during Spanish rule.' 

The city is filled with museums and is renowned for its nightlife.

10. Berlin, Germany 

Berlin, Germany is both popular and still seen as a value proposition by TripAdvisor at a cost of $1173 for three days

Berlin is just one of three European destinations to be considered good value for Australian visitors, the others are Warsaw and Lisbon

Rounding out the top ten of most affordable travel destinations, is a favourite for many travellers - Berlin.

It comes in at $1173 for a short break.

'The old buildings of Mitte gracefully coexist with the modern Reichstag,' states the travel website. 

'Don't miss t op historic sights like the Berlin Wall, Checkpoint Charlie, the Brandenburg Gate and Potsdamer Platz.'

You'll need top dollar to spend three days in Cancun, Mexico. It is the most expensive place to travel for Australians, costing $2546 for a three day stay according to TripAdvisor

The 2015 TripIndex Cities report also ranked the least affordable.

It placed Sydney just outside the top ten most expensive destinations, at eleventh.

The cost of a three-night break for two people during June to August at a four-star hotel in Cancun, Mexico costs on average $2546.

That makes it the number one stop in the world's most expensive destination, followed by Zurich ($2453) and New York ($2407).

Then came London ($2368), Punta Cana in the Caribbean ($2276), Paris ($2037), Tokyo ($2006), Toronto ($1 948), Dubai ($1921) and Singapore ($1901).

Sydney will cost you about $1873.

 

Source: Hanoi, Warsaw and a resort you've probably never heard of in Egypt: The 10 best value destinations for Aussie travellers ... as Sydney is rated one of the most expensive

The 10 best beaches in Europe

Netfalls - Remy Musser / ShutterstockVoutoumi Beach in Paxos, Greece.

Lonely Planet just released its Best in Europe list for 2015.

The list includes the best places in Europe, the best beaches in Europe, and the best places for family holidays in Europe.

These lists were created by a team of European travel experts and aim to highlight European destinations that are lesser known but up and coming versus obvious, already popular destinations.

The 10 beaches that made Lonely Planet's list span the continent, from Montenegro to Iceland. 

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Source: The 10 best beaches in Europe

UK continues to be Europe’s number one destination for foreign investment

The United Kingdom has maintained its position as the number one destination for foreign direct investment in Europe after attracting a record number of such projects, bringing in the largest financial value and associated jobs over the past year.

The annual investment figures from UK Trade and Investment (UKTI) for the 2014/15 financial year show that the UK attracted 1,988 FDI projects – 12 per cent more compared to 2013/14, estimated to have brought with them almost 85,000 new jobs and 23,000 safeguarded jobs across the UK.

The UK's strong performance during 2014 has seen the country's inward FDI stock – the value of accumulated FDI in the UK – break the £1 trillion level for the first time. This is the highest in Europe and third in the world after the United States and China.

Prime Minister David Cameron said: "The scale of foreign investment is a huge success story which shows that Britain is the place to do business and is more evidence that our long term economic plan is working. Securing investment from overseas is a key part of our One Nation policies to create thousands of jobs, provide security and opportunities for working people throughout the UK."

Trade and Investment Minister Lord Maude said: "2014 was an exceptional year for UK inward investment and we are proud to be bucking the global trend. The UK is a great place for entrepreneurs and corporations to put their energy, their ideas, their money and their talents to work. The Government will continue to work hard to attract investment from across the globe to further strengthen the UK economy."

UKTI statistics show that FDI into the UK came from more than 70 countries, including the world's leading emerging markets. The USA remains the largest source of inward investment, with a total of 564 projects in 2014/15, followed by France (124 projects). Investment from India increased by 65 per cent making it the UK's third largest source of FDI accounting for over 9,000 new and safeguarded jobs. There was also evidence of a strengthening relationship with China with 112 projects, including 13 from Hong Kong, in 2014/15 resulting in almost 6,000 new and safeguarded jobs.

Cameron and Lord Maude will today travel to Milan to meet with UK and international businesses at Milan Expo 2015. The Expo is a significant opportunity for British business, bringing the world's business and tourism audience to their doorstep. UKTI is delivering a Global Business Programme to support UK companies and bring a billion pounds in economic benefit to the UK over time.

Leading international suppliers of offshore wind foundations EEW SPC (Germany) and Bladt Industries (Denmark) invested up to 30 million pounds to acquire and upgrade the former TAG Energy facility in Teeside, North East England. The facility will become part of the European manufacturing base for the firms and is envisaged to create 350 direct jobs in the area, as well as a significant number of jobs in the local supply chain.

Skoolbo – a Singaporean e-learning programme that helps children with reading and maths – invested 300,000 pounds to bring its business to the UK. The company has recruited six staff members and its programme has been adopted by 20 percent of the UK's primary schools.

In order to strengthen these key global relationships, the Minister for Trade and Investment has also today announced the date for the fifth GREAT Global Investment Conference, which will take place in London on 17 September this year.

The conference will bring together global corporate leaders and other investment stakeholders to discuss how the UK can continue to attract further high quality foreign direct investment, and to hear from industry leaders as they share their success stories.

First Published on June 18, 2015 2:20 am

Source: UK continues to be Europe's number one destination for foreign investment

Emerging Destinations Gaining Popularity

Tapping into the experiential travel trend—and ideal for repeat clients looking for something new—a host of emerging destinations are gaining popularity.

Travel Market Report asked tour operators and travel agents for their take on emerging destinations of note. Here's what they had to say.

River cruises' popularity continues to grow, especially among clients seeking off-the-beaten-path journeys, said agent Vicky Garcia, COO and co-owner of Cruise Planners, an American Express Travel agency in Coral Springs, Fla.

"Many cruise lines and tour operators are offering more exotic destinations, so they are becoming more welcoming and accommodating to travelers."

She noted that river cruises and inland Southeast Asia journeys are hot this year – with tour operators adding new itineraries to Myanmar, Bhutan, South Korea, and beyond.

Beyond Europe"Core business for all river cruises is still Europe, but year over year, our average growth for em erging markets is 18%," said Patrick Clark, Avalon's managing director.

"The interest is there, the demand is there. They can still have creature comforts yet get immersed in new destinations."

Avalon's passengers, typically, are baby boomers, savvy-travelers, with some college education, and a minimum $75,000 household income.

"They're individuals who want to experience a destination before large numbers of tourists visit and see destinations that are still in their infancy," Clark said.

When charting emerging destinations, Avalon seeks out navigable rivers, access to remote, native villages, and interesting history.

Cruises along the upper Mekong River in north Vietnam are a future possibility, Clark said.

Myanmar ranks highAmong emerging Southeast Asia destinations, Myanmar ranks tops in several surveys.

"Tourism here is growing exponentially since the country opened up in 2012," said Natasha Martin, Myanmar-based Asia associate for the Adventure Travel Trade Association (ATTA) in Seattle.

United States Tour Operation Association (USTOA) members, for a third straight year, ranked Myanmar as 2015's top emerging destination – ahead of Cuba, Croatia, Iceland, India, Peru, Sir Lanka, Vietnam, Cambodia and Panama.

As Asian nations embrace tourism's economic value, travelers "are recognizing the destinations as mysterious and exotic, yet rich in history and culture," said Terry Dale, USTOA's president and CEO.

A 'spiritual journey'For operator A&S Signature Journeys, Myanmar, Bhutan and Mozambique are top emerging destinations, said Sheri Fazleabas, the Ada, Michigan-based founder.

 "There are only two airlines that fly in and out of Bhutan. Most of the good accommodations options are sold out quickly," Fazleabas said.

"Flying there is a spiritual journey in itself, with visitors being treated to breathtaking views of the Himalayan peaks," she added.

Alluring Asia in Lynden, Wash., also reported "an upswing in travel requests to Bhutan," according to Sandy Lindsay, founder and president.

Other destinationsLaos, Thailand, India and Japan (the latter three already fairly well-known) also intrigue travelers seeking deeper connections with exotic culture, customs, people and food, said Mark Yacker, North American director for Insider Journeys in Westminster, Colo.

Also growing in popularity are Cambodia, Vietnam, Myanmar, and Sir Lanka, he added.

Also relatively more familiar, South Korea is garnering more attention, according to Journeys International which is expanding tours into the destination, said Robin Weber Pollak, president of Ann Arbor, Mich.-based Journeys International.

"Cuba is on the verge, but South Korea is our newest destination. It's difficult for Americans to figure out, but it's easy to get to Seoul," she said.

Mozambique, Sri LankaSoutheast Africa's Mozamb ique is also growing as an "emerging cultural destination," Pollak said, while Sri Lanka, the island southeast of India, shows strong potential, said Fazleabas.

Tourism officials in Sri Lanka and Kerala, India, about 325 miles apart, are working to form regional partnerships to attract a cruise ship and seaplane service between Sri Lanka's Colombo and Kochi in Kerala state.

Source: Emerging Destinations Gaining Popularity

Sun, sand and sangria! Barcelona named most popular destination for stag and hen parties... with each reveller spending £160 on booze

Study found 12% of those who went abroad visited the Spanish city

Amsterdam placed second on the list of popular destinations 

The Dutch city was followed by Benidorm, Berlin and Ibiza

Britons average £566 in costs when they attend a hen or stag do overseas

By Nicholas Kynaston For MailOnline

Published: 09:26 EST, 15 June 2015 | Updated: 12:18 EST, 15 June 2015

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It's the home of Catalan culture and some of the leading lights in Spanish fashion and design, boasting a clutch of the world's best restaurants and some of Europe's finest architecture.

Barcelona is a world class city and its inhabitants consider it to be every bit as cultured and cosmopolitan as the Spanish capital, Madrid.

However the news that it is now also the most popular destination for British stag and hen parties when they venture abroad might lead to some of its city bigwigs spluttering into their cafe con leche. 

Hen and stag parties are flocking to Barcelona, with revellers bringing outrageous costumes and props

A survey by Asda Money has revealed that 12 per cent of those who went abroad to celebrate their last days of freedom before tying the knot made a beeline for the Spanish city.

Once there, stags and hens can choose to view some magnificent buildings, including many designed by Catalan architect Antoni Gaudi.

His style with its seemingly impossible curves, broken tile mosaics and towers and chimneys that look like they have fallen straight from the pages of a fairy story are unique to Barcelona. 

On the other hand they might be more tempted by the local city beach, Platja Barcelona, just a short stroll from the famous Ramblas shopping streets in Vila Olimpica, the home of the 1992 Olympics.

Prices in bars and restaurants are also good value - if customers choose from the set menu of the day - and it's possible to have a three-course meal with wine for just €10 (£7) including wine.

The second most popular place according to the survey is Amsterdam, with one in 10 stags and hens who'd partied overseas visiting the Dutch city.

The city is home to a host of cultural attractions, though its reputation as a liberal city where smoking marijuana in coffee shops and an open red light district also draws tourists to the city.

Amsterdam placed second on the list thanks to its party scene, followed by Benidorm in Spain

In third place was another Spanish resort, Benidorm, which has grown from a small fishing village in the 1950s to now has the distinction of the most high-rise buildings per head in the world, earning i t the nickname 'Little New York'.

The town's beaches and nightlife, coupled with the many low-cost flights that serve it from the UK have combined to make it a popular choice for stags and hens.

Berlin and Ibiza rounded out the top five. 

The Asda Money survey also revealed stags and hens set aside just £318 for the whole trip, excluding travel and accommodation.

However costs for the break rocketed to £566 for when extras such as alcohol, food, clothing and gifts alone were taken into account.

The average amount spent on alcohol is just under £160 per person. 

Source: Sun, sand and sangria! Barcelona named most popular destination for stag and hen parties... with each reveller spending £160 on booze

The “TAG Athens” Project

Airports Theodore Koumelis - 15 June 2015, 01:01

The aim is to promote to passengers from the Balkans, Central and Eastern Europe, having as final destination the Asia/Pacific and Africa regions, the connecting opportunities via Athens at a highly attractive price, thus, inviting them to select Athens as their intermediate point.

The challenge of enhancing the connectivity of Athens and the development of its hubbing potential, is among Athens International Airport's strategic goals and a focal point in the common developmental efforts of the airport and its airline partners. 

To this end, the Athens International Airport designed the "TAG Athens" Project. The name of the project – which starts with the collaboration of AIA with Singapore Airlines and Aegean Airlines, yet aspires to expand to similar synergies with other airlines – serves as an invitation to the passengers, through the basic message "Athens connects you to the world, TAG Athens as an intermediate point on your route". 

The aim is to promote to passengers from the Balkans, Central and Eastern Europe, having as final destination the Asia/Pacific and Africa regions, the connecting opportunities via Athens at a highly attractive price, thus, inviting them to select Athens as their intermediate point. 

In the case of Singapore Airlines, the respective flows eastwards correspond to more than 300,000 passengers annually. This significant volume of indirect traffic from the above regions, demonstrates a potential for Athens to be used as the intermediate point for passengers' final destinations through Singapore Airlines' network in Asia and Australia.

 

Responding to the call to capitalise on this potential, Singapore Airlines and Aegean Airlines (Star Alliance members) are working closely with the airport in the "TAG Athens" project, recognising the prospect of strengthening their networks and enhancing their presence in the Athens market, through targeted joint efforts. 

For the purpose of this synergy, which involves the network of Singapore Airlines in the Asia/Pacific region and the network of Aegean Airlines in the Balkans, Central and Eastern Europe, the two airlines have jointly developed a very attractive and flexible pricing scheme. 

On the occasion of the launch of the "Tag Athens" project, AIA's Director, Communications & Marketing, Mrs. Ioanna Papadopoulou, stated: "Following meticulous identification of the existing aviation opportunities, we decided to invite our partners and their passengers to "tag" Athens as their intermediate point, through the message: "TAG Athens! Tags you to the world!" 

"In particular, having examined the existing traffic potentials from specific regions, we are now launching this effort together with our esteemed airline partners, Singapore Airlines and Aegean Airlines. Expressing our warmest thanks to our partners for keenly embracing this common aspiration, we invite passengers to use the existing networking opportunities and "tag" Athens as an intermediate point for their air travels".

Photo caption (From the right): Mr. Eric Eng, Manager South Italy, Singapore Airlines, Mr. Jerry Seah, General Manager Italy, Singapore Airlines, Mrs. Ioanna Papadopoulou, Director, Communications & Marketing, Athens International Airport, Mr. Takis Dimitriou, Director, Asian Aviation/Singapore Airlines, Mr. George Efstratiadis, Chairman & CEO, SKYSERV. 

Source: The "TAG Athens" Project

EXCLUSIVE: Sofia Vergara Reveals Why She and Joe Manganiello Are Planning a Destination Wedding!

Sofia Vergara and Joe Manganiello are getting ready to walk down the aisle soon, and in a new interview with ET, the Modern Family star reveals why the pair wants to exchange vows far away from L.A.!

"Destination!" Sofia confirmed when asked if she was going with a destination or local wedding. "I want all the people from Columbia and South America and from Europe to be able to make it to the wedding and Los Angeles is very far away from everything."

Sofia shared the news at the Skinny Cow Speakeasy Event in Los Angeles on Thursday.

But the 42-year-old won't be getting wild at a bachelorette party before she and Joe, 38, exchange vows.

"In Latin America we don't do bachelorette parties," she explained. "I'm not doing a bachelorette party."

RELATED: Sofia Vergara Opens Up About Moving In With Joe Manganiello

But she just might be giving her fiancée a nice gift. Sofia confirmed she was picking up an anniversary gift for her man at David Yurman earlier this week. The pair started dating last June – and he popped the question just six months later on Christmas.

But Sofia wasn't just dishing out wedding details. She also shared some stellar life advice in honor of Skinny Cow's initiative that encourages women to share their secrets for living an impossibly good life.

RELATED: Sofia Vergara and Joe Manganiello Are Pretty Perfect For Each Other

"I don't know if it was somebody that told me it or if I figured it out, but I think never to take 'no' personally," Sofia answered when asked about the best piece of career advice she's received.

"It's very important when you are trying to do something that is out of your comfort zone… for example with trying to be an actress or a singer or something -- there's going to be a lot of people saying 'no' to you -- not because you're not pretty enough or talented enough or good enough, it's just because you weren't right for the role… and so 'no' shouldn't discourage you to keep going and keep waking up and trying."

Sofia also opened up about her son, Manolo, gushed over her Modern Family co-stars and revealed what fans can expect to see in Magic Mike XXL. Check out our interview with Sofia in the video above and tune in to Entertainment Tonight this evening for even more! Check local listings for times.

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Source: EXCLUSIVE: Sofia Vergara Reveals Why She and Joe Manganiello Are Planning a Destination Wedding!

Qatar tourists prefer Turkey and Malaysia

DOHA: Turkey and Malaysia have emerged as favourite tourist destinations for an increasing number of Qataris and expatriates, with traditional Arab destinations like Beirut, Cairo and Damascus losing charm due to political and sectarian conflicts in the region, say travel industry sources.

Despite a sharp hike in air fares to almost all destinations with the onset of summer, the industry has reported a high demand for tickets from tourists and vacationers.

Although tourist flow to Middle East destinations has dropped drastically, the number of Arabs on vacation is on the rise with the relative stability witnessed by some countries like Egypt.

"There had been predictions about a lull in business this year, but we have seen an increase in bookings to all major destinations, despite high fares. 

"Europe remains a favourite destination for Qataris going for long holidays while Turkey and Malaysia have been preferred by a large number of Qataris and expatri ates," a travel executive told this daily yesterday.

"With problems in the Middle East, Turkey has emerged as the most favourite for Qataris and tourists from other Arab nationalities," he added.

The peak holiday season in Qatar normally starts with the beginning of July, but this time it would be delayed a bit because Ramadan comes in between.

Most tourists will travel after Eid, but bookings are in full swing. Holidays may be scattered this year, which means there would be demand for tickets throughout the season, said a travel agent.

"For long holidays, Qataris prefer Europe and the US and London traditionally tops the list. France, Italy, Spain, among other European destinations, are also attracting a large number of Qataris," he said.

He said shopping is a main hobby for most Qataris travelling with families. 

There are some highly affluent Qataris who charter flights to visit their favourite summer destinations.

While most M iddle East destinations have been hit hard, Dubai remains the single destination in the region that attracts tourists from Qatar throughout the year.

"Dubai is the most favoured destination for Qataris and expatriates on short visits. 

"We see high demand for tickets almost every weekend throughout the year," said the agent.

Malaysia, especially capital Kuala Lumpur, tops the list in Far East, followed by Singapore and Thailand. 

While many Asian expatriates prefer Malaysia due to its natural beauty and relatively low expenses, the country's Islamic culture and modern infrastructure are an additional attraction to many Qataris and other Arab tourists. Fares to most destinations, especially South Asian countries that send the largest number of foreign workers to Qatar, have increased by 10 to 15 percent this year compared to last summer, said a source. "Prices are controlled by demand and supply. Airlines fix them based on demand. That is how price s fluctuate every day, every minute." The Peninsula

Source: Qatar tourists prefer Turkey and Malaysia

European campsites: readers' tips, advice and recommendations

A tourist campsite near Geirangerfjord, Norway Photo: Fotolia/AP This week's winning review Brittany

Over 35 years, Brittany Ferries (now even cheaper with a Caravan Club discount) has carried us to this magical world that has changed little. There are many sites for self-sufficient campers or those wishing to hire tents, caravans or chalets – all within easy reach of white beaches, turquoise waters, amazing rock formations, fine churches, castles and chateaux.

There is also a wealth of markets supplying local produce such as oysters, artisan bread, fruit, misshapen vegetables, roast chickens, cheese and wine – bliss. Our favourite area radiates out from La Foret Fousenant. The ancient cathedral city of Quimper, stunning Mousterlin Pointe, the walled sea port of Corncarneau, Benodet with its river trips, the old port of Pont l'Abbé, Cap Coz… just the names have us reaching for the phone and booking.

• Brittany travel guide

Cap Coz, Brittany (Fotoli/AP)

Alan Hughes, from Northumberland, wins a holiday voucher with DialAFlight

Ireland

In Ireland, we call a day without rain or chill a "soft" day. Every day of camping in Wexford is a soft one. The sunny south-east, as it is known, has a reputed microclimate, beaches of white sand warmed by mild winds, gentle mists and campsites protected by kindly dunes. Pitch your tent here and you will be lulled to sleep by distant foghorns, and woken by lowing cattle. Breakfast outside, on home-made soda bread with butter and local eggs. Breathe the air, fresh, yet fragrant with the coconut aroma of yellow furze, turf and the sea. This is not a hotel, this is freedom – run to the beach w hen you feel like it and swim, fish, sunbathe and sleep.

Anna Susan Doyle, Dublin

• West Coast Ireland travel guide

France

As I turn off the tarmacked D-618 there is a dramatic change in the road surface. The four-mile trek up the mountainside by camper van (let alone foot) is hard work – but reassuring signposts remind me that I'm on the right path to Pyrenees Emotions.

Here on the verdant grass is my chance to experience that nostalgic camp-in-the-back-garden vibe. This place is just one huge garden, dotted with trees and shrubs amid a carpet of daisies.

Come evening, the sun sinks behind distant mountains and a driving snowstorm has me clambering for shelter and extra layers. I duck under my frosted tent flap and into my thick sleeping bag before falling asleep to the "eep-eep-eep" of an Egyptian vulture skimming the gentle lake below.

Andy John Day, West Sussex

Corsica

The campsite, high in the mountains, was id yllic: a sheep fold, but clean and without sheep. A few feet away was a rushing stream, with a clear pool deep enough for us to cool off in as the sun blazed down. But where there is heat there are thunderstorms.

All our food and gear was on the ground, protected by a black polythene sheet suspended between the walls. As the hailstorm intensified, the sheet began sagging under the weight of the gathering hailstones; all we could do was crawl under the sheet and support it as best we could. To no avail: the sheet split, drenching us and all our gear.

Within a few minutes the storm had passed. The hot sun returned and soon we, and our equipment, were steaming towards dryness. Paradise regained.

Edmund Jackson, Cumbria

We set off to Corsica on honeymoon with a car full of camping gear and enthusiasm. We had met under canvas while working on a French campsite, and holidayed under canvas ever since, owning three tents and several European camping guides. A honeymoon in a tent seemed the natural choice. As we toured the island, we found an intoxicating mix of mountains, hikes, pristine white beaches, ancient stone villages, and the dazzling blue of the Mediterranean.

One of the best sites was Camping Rondinara, on a breezy plateau above the perfect horseshoe bay of the same name in the far south of the island. The infinity pool, spotless facilities and breathtaking location almost convinced my wife to stop dropping heavy hints about booking a night in a luxurious hotel so it would feel like a "proper honeymoon."

Rondinara Bay (Fotolia/AP)

Matthew Thurstan, by email

Norway

Camping in Norway, as with most things, can set you back. Don't be afraid to take advantage of their liberal camping rules. Wild camping is allowed anywhere which is not farmland or 150m from houses. We even spotted people camping next to a waterfall on our trip to Flam.

Kate Potts, Bristol

• Norway travel guide

Italy

After a hard day's gallery-hopping in Florence, admire the city's Duomo while taking in the view from a table at the terrace bar of Camping Michelangelo. Just outside the ancient city walls is an olive grove that doubles as a large, shady campsite with views over the Florentine rooftops to the hills beyond. It's a 15-minute (uphill) walk from the Ponte Vecchio, or jump on a No 13 bus. Request a pitch away from the adjacent hotel, which hosts noisy events.

Campsites in Florence (Fotolia/AP)

Martha Hales, Dorset

• Italy holiday booking guide

Wales

My first tip would be to buy the best tent you can afford. There is a lot of cheap camping equipment around, but when a gale is blowing across the sea at you all night, it is reassuring to know that your tent will still be standing in the morning. Plan ahead. I now have a notebook that lists everything we pack each year for our camping holiday.

Preparation and packing is now super-easy. We have a menu of camping meals, too. Don't attempt to recreate your usual recipes and ignore all those celebrity chef ideas that seem to involve a full kitchen in the back of your tent. Buy any fresh food dai ly and make use of dried and tinned products.

We camp at Dwyros at Aberdaron every summer – and there is no better view than this one from your front door each day. My son commented on his first night away a few years ago that we were spending a lot of time outside – yes, the whole week.

Sarah Jane Jones, Cheshire

Isle of Man

Every year, when I go to the Isle of Man TT races with my friends, we stay at Laxey campsite. It has a small kitchen/shower block, but we go more for the camaraderie of a lot of bikers together; some of them I only ever see at the campsite each year, and we pick up conversations from the year before. We walk up to the Laxey's Diner for breakfast most mornings and to the Miners Tavern, or down to the shore pub, or both, for a drink in the evenings. In some ways I enjoy the campsite as much as the TT races themselves; somehow it has now become part of the event.

Chris Allen, Buckinghamshire

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Source: European campsites: readers' tips, advice and recommendations