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U.S. Department of Commerce partners with the organiser of the 2003 European GOLF Investment and Real Estate Conference & Exhibition to showcase American products and services at this international event

U.S. Commercial Service

If you are a U.S. or Greek company in the fields of golf, tourism infrastructure, banking/finance, real estate, hotel management, hospitality, business consulting, architectural and design services, you will want to learn more about this exciting event

August 19th, 2003 -- The U.S. Commercial Service at the U.S. Embassy in Athens is delighted to co-operate with the organisers of this pan-European event, and will promote U.S. products, equipment, services and technology in a parallel U.S. Exhibition Pavilion.

According to Mr. Walter Hage, Commercial Counselor at the U.S. Embassy in Athens, "The 2003 European GOLF Investment and Real Estate Conference & Exhibition, to be held in Athens on November 28th & 29th, 2003, marks a turning point in Greece's determination to evolve into a year around tourist destination. Moreover, it offers an outstanding opportunity for representatives from the many sectors of the golf, resort and tourism infrastructure industry to meet with decision makers and counterparts from nearly two dozen countries in the EU and surrounding, rapidly emerging tourism markets."

Mr. Hage went on to note that, "The conference will highlight all areas of resort development focusing on GOLF development and leisure real estate, accompanying mixed-use development, including golf, vacation ownership resorts, and the latest technologies employed.

"No one connected with any aspect of golf, resort and tourism infrastructure expansion can afford to miss this exciting two day event in Greece."

EVENT DESCRIPTION

In consideration of the numerous Golf and tourism infrastructure opportunities that exist in the Greek market, The U.S. Department of Commerce at the U.S. Embassy in Athens has partnered with the organiser of the 2003 European GOLF Investment and Real Estate Conference to showcase American products and services at this international event. The exhibition and conference will introduce and network participating U.S. companies and industry association representatives with Greek and other European business and government decision-makers, enabling all participants to identify and hear first-hand the business opportunities associated with the development, management and operation of Golf, resort and entertainment complex tourism infrastructure projects in Greece and other European countries.

COMMERCIAL SETTING

According to the World Travel and Tourism Council and the Greek National Tourism Organisation (GNTO), Greece was ranked 15th in the world by classification as a tourism destination in 2001 receiving 14 million international tourists who contributed approximately $9.2 billion to the Greek economy. Overnight stays in 2001 rose by 3.0 percent as compared to 2000. This ‘active’ industry represents approximately seven percent of the country’s GDP and employs 10 percent of the workforce. The outlook for golf and tourism related infrastructure projects in Greece is expected to remain strong. The Athens 2004 Summer Olympic Games, in conjunction with the Greek government’s ambitious programme to revitalise the country’s tourism infrastructure, will continue to support the Greek tourism industry and provide numerous opportunities for U.S. firms in Greece through 2007 and beyond. Greek business officials realise that attracting year-round tourism, especially high-end tourism, will be an important part of their economic growth during the post Olympic period.

EVENT GOALS

The 2003 European GOLF Investment and Real Estate Conference will provide an avenue for U.S. companies to gain first hand exposure to the major golf, tourism infrastructure and hotel industry support opportunities in Greece and Europe. In particular, this unique concept aims to bring together U.S. companies with Greek and European project sponsors and government officials to discuss specific golf and tourism infrastructure projects that are planned in the region. In addition, the event provides an opportunity to bring together the diverse universe of U.S. tourism and infrastructure companies with Greek and European government and private sector project sponsors in a forum that showcases the full spectrum of U.S. products and services that can meet the needs of the Greece’s monumental effort to upgrade and modernise its tourism facilities.

EVENT SCENARIO

The 2003 European GOLF Investment and Real Estate Conference will take place at the Athenaeum Intercontinental Hotel in Athens, Greece. U.S. participants will showcase their products and services in the U.S. Pavilion section of the Exhibition and will be given a Golf and Tourism Infrastructure Opportunities briefing on key Greek Government tenders as well as private sector opportunities. The conference will be augmented by evening events hosted by the Exhibition and Conference organiser.

For U.S. companies and participants, or their overseas offices, partners, agents or distributors: Please click here to view a 6-page PDF document containing an official invitation letter, programme and registration information.

For more information regarding this exciting opportunity for U.S. firms to participate in the 2003 European GOLF Investment and Real Estate Conference & Exhibition, please contact the U.S. Commercial Service at the U.S. Embassy in Greece:

Ms. Irene Ralli
Commercial Specialist
U.S. Commercial Service
U.S. Embassy Athens, Greece
Tel.: +30 210 720 2224, +30 210 720 2225, +30 210 720 2302
Fax: +30 210 721 8660

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Further information

For further information, contact Peter Michel Heilmann, Founder & Director, INVgolf.

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