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Trinity sign cooperation agreement with university in Georgia
Monday, June 11, 2007
Dr. Maya Margvelashvili, Director of the International School of Tourism, Tbilisi State University of Georgia, and Dr. James P. Moran, Academic Dean, Trinity International School of Tourism Management, Crete, Greece signed an agreement of cooperation between the two institutions.

The cooperation follows a recent visit to Georgia by Trinity’s President Mr. Nikos Skoulas. As well as meeting with the Ambassador of Greece and the Rector and other Tbilisi State University officials, Mr. Skoulas delivered lectures at the university on entrepreneurship and aspects of an “emerging” hospitality and tourism industry such as exists in Georgia.

During the visit, it was agreed that Dr. Margvelashvili, accompanied by her colleague Marina Purtseladze, would come to TRINITY to discuss matters of common interest. The Memorandum of Cooperation is a direct result of those talks.

Under the terms of the agreement, Trinity and Tbilisi State University will work together to develop student and faculty exchange programs and to engage in joint research into the rapidly changing hospitality and tourism industry.

Trinity has also agreed to provide Tbilisi’s International School of Tourism with assistance in the development of its new English language BBA Degree program in Tourism and Hospitality Management. Such a program at Tbilisi will facilitate inter-institutional cooperation and ultimately provide students of each school with an opportunity to do part of their studies at the other institution. Students participating in such an exchange program would therefore be availed of the possibility of expanding their academic horizons and experiencing different countries and cultures.
Theodore Koumelis - Monday, June 11, 2007
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How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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