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  1. 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

    7%

  2. 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

    7%

  3. 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

    7%

  4. 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

    7%

  5. 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

    7%

  6. 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

    7%

  7. 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

    7%

  8. Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
    Photo by MacroPolis

    EconomyMacroeconomy

    travel receipts also fell by 5.4 percent in June and by 5.8 percent in H1. The latest estimates... for the whole year to 25 million, while travel revenues are projected to increase by 6.4 percent

    7%

  9. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    controls. In addition, travel receipts rebounded 2.3 percent in September, while dropped by 5.5 percent... year, travel receipts are expected to end up lower in 2016 from last year’s figure of 14.13 billion

    7%

  10. Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The demand for airline travel to Greece remains very strong for 2017, particularly from German-speaking countries, according to INSETE, the Institute of the Greek Tourism Confederation (SETE... to 23.52 million in the 10-month period, while travel receipts fell by 4.2 percent to 13.11 billion

    7%