Rainbow Tours to create its own hotel chain

Polish travel agency Rainbow Tours is planning to establish its own hotel chain, in few years several places in major tourism destinations are to be purchased or long-term leased, the firm informed. In May, the agency signed a preliminary deal to acquire Greek company K.G. Athanasopoulos - I. Sklivas which is the owner of President hotel at Zakynthos island. At first, Rainbow Tours plans to renovate the hotel with plans to build spa there in the near future. Rainbow Tours has been listed on the Warsaw bourse since 2007.