Type Public limited company Headquarters United Kingdom | Traded as LSE: MIN Founded 1999 | |
Stock price MIN (LON) 6.64 GBX +0.01 (+0.23%)13 Mar, 1:59 PM GMT - Disclaimer Subsidiaries Ski Travel Centre Ltd., Classic Travel Limited | ||
minoan group plc
Minoan Group Plc is a Glasgow-based travel and leisure company. Its shares are listed on the AIM section of the London Stock Exchange.
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The Executive Chairman, Christopher W Egleton, joined the company in 1995. Duncan Wilson has served as Managing Director since 2009.
Its subsidiaries include Stewart Travel.
Cavo Sidero project
In 1991, Minoan applied for a permit to build a luxury hotel resort on the Cavo Sidero peninsula on the north-eastern coast of Crete. Approval for a 7,000-bed development was given in 2007, but was revoked in 2010.
Permission for a reduced 2,000-bed development was eventually granted, twenty-five years after the initial application, by the Greek government and the Greek president Prokopis Pavlopoulos, being announced on the 11th of March 2016. The 6,000-acre project, named Itanos Gaia, is expected to lead to a site also including spas, a golf course and a natural history museum.