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  1. Greek Tourism Association sees tourist arrivals rising to 19 mln for 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    the amount of travel revenues. In 2013, the average spending per trip receded 1.9 percent to 604 euros... forecast for travel receipts in 2014, which currently stands at 13 billion euros (based on 18.5

    8%

  2. Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
    Photo by MacroPolis

    Economy

    for the 8-month period, travel receipts reached 9.74 billion euros. This represents a rise of 11.1... period. The deviation is attributed to a drop in the travel spending per tip by 8.6 percent to 617

    8%

  3. Accommodation and food services index up 7.6 pct in Q3
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    ) data showed that travel receipts rose 11.1 percent to 12.02 billion in the 9-month period, primarily... from doubling the VAT rate would lead to 2.6 million fewer tourist arrivals next year, with travel

    8%

  4. Accommodation and food services turnover jumps 22.2 pct in Q4 2014

    EconomyMacroeconomy

    showed travel receipts grew by 10.6 percent to 13.44 billion in 2014. This is entirely attributed... counterbalanced by lower travel spending per trip (-9.4 percent) to 592 euros in 2014. The highest rise

    8%

  5. Greek current account deficit widens to 847 mln in Jan as exports fall further
    Photo by MacroPolis

    EconomyMacroeconomy

    in the travel surplus, which more than doubled YoY to 10.63 million. This mainly reflects an increase in travel receipts by 9.1 percent resulting from a substantial rise in non-residents’ arrivals by 50 percent

    8%

  6. Accommodation and food services index rises by 13.4 pct in Q2

    EconomyMacroeconomy

    showed travel receipts rose by 8.2 percent to 4.12 billion. This performance was fully attributed... of travel receipts by region showed broadly similar trends with receipts from the US and the UK

    8%

  7. Turnover in the tourism sector falls 8 pct in Q4, first negative reading since Q1 2013
    Photo by MacroPolis

    EconomyMacroeconomy

    growth rate recorded in 2014. Bank of Greece (BoG) figures for 2015 showed travel receipts grew by 6...). On the flipside, arrivals from Russia tumbled 59 percent. The respective breakdown of travel receipts showed

    8%

  8. Current account deficit jumps to 742 mln in January

    EconomyMacroeconomy

    primarily stems from lower net transport receipts. In addition, travel receipts fell by 4.7 percent.... At the same time, the corresponding payment declined by 18.2 percent leading travel surplus to 32.1

    8%

  9. Greek economy braced for impact from Brexit, hopes effect will be limited

    Economy

    up 9.2 percent of total foreign arrivals in Greece, according to the BoG. However, travel receipts... vehicles. In addition, UK services’ exports to Greece are almost equally split between business, travel

    8%

  10. Tourism and exports expect impact from Brexit fallout
    Photo via Flickr https://flic.kr/p/882r2x

    EconomyMacroeconomy

    the corresponding travel receipts accounted for 14.3 percent of the total. In absolute terms, arrivals from the UK stood at 2.4 million in 2015, while travel receipts amounted to 2.02 billion euros. In addition

    8%