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Tourism
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Society
Despite recent improvement, more than half of Greeks unable to afford one-week holiday Data from Eurostat has shown that over half of Greeks could not afford to go on a week’s holiday away from home in 2018.
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EconomyFeatures
Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts The research arm of the Greek tourism institute, INSETE, has released a study breaking down the nature of tourism to Greece by geographic area and type of tourist.
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Economy
New government sets sights on sustainable and wide-reaching tourism industry Greece’s new tourism minister, Haris Theocharis, has said that Greece needs a ten-year plan to boost the country’s vital tourism sector.
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Society
Study outlines economic potential of targeting senior and health tourism Senior citizen tourism and health tourism are a lucrative market that needs to be better exploited by the Greek market according to research by the diaNeosis thinktank.
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EconomyMacroeconomy
Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct Greece’s travel balance rose to 1.36 billion euros in May from 200.3 million euros in April, Bank of Greece (BoG) data has shown. This reflects an annual rise of 7.8 percent.
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Features
Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests A study by the Greek Tourism Confederation (INSETE) has indicated that tourism contributed between 25.7 and 30.9 percent of Greece’s GDP in 2018.
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EconomyMacroeconomy Travel balance surplus up by 29 pct in Q1 to reach 165 mln The balance of travel services came to a surplus of 165 million euros for the first quarter (Q1) of 2019 according to figures released by the Bank of Greece (BoG).
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EconomyMacroeconomy
Travel balance falls by 4.1 pct in April Greece’s travel balance edged down to 200.3 million euros in April from 208.8 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decline of 4.1 percent.
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EconomyMacroeconomy
Turnover in tourism drops by 19.2 pct in Q1 The turnover index in accommodation and food services dropped into negative territory in the first quarter of Q1, showing a fall of 19.2 percent compared to Q4’s upward revised increase of 2.9 percent, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
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EconomyMacroeconomy
Travel balance at 94.8 mln in Mar and 211.9 mln in three-month period Greece’s travel balance edged down by 94.8 million in March from 95.1 million a year ago, Bank of Greece (BoG) data has shown.