MacroPolis

Travel balance rises by 21.4 pct in October

Greece’s travel balance edged up by 21.4 percent in October, following a much smaller rise of 0.8 percent in September, Bank of Greece (BoG) data has shown.

Turnover in tourism grows by 9.4 pct during Q3

The turnover index in accommodation and food services remained positive for an ninth continuous quarter in the third quarte​r (Q3) of the year, dropping to 9.4 percent from a revised increase of 11 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.

Greek tourism building strength but needs to diversify, PWC study finds

PWC Greece has released an overview of the Greek tourism industry which analyses the industry’s current developments and future potential.

Travel balance rises by 0.8 pct in September and 9.1 pct in 9M

Greece’s travel balance edged up by 0.8 percent in September, following a 1.4 percent rise in August, Bank of Greece (BoG) data revealed on Wednesday.

Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct

Greece’s travel balance rose by 1.4 percent in August, following a 15.9 percent rise in July, Bank of Greece (BoG) data revealed on Tuesday.

Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth

The balance of travel services came to a surplus of 3.69 billion euros for the first half (H1) of the year, Bank of Greece (BoG) noted in its travel balance report for the first six months of the year.

Strong receipts push travel balance up by 15.9 pct in July

Greece’s travel balance rose by 15.9 percent in July, almost unchanged from the increase of 16 percent in June, Bank of Greece (BoG) data revealed on Friday.

Turnover in tourism grows by 11.5 pct during Q2

The turnover index in accommodation and food services remained positive for an eighth continuous month in the second quarter (Q2) of the year, increasing by 11.5 percent from 10.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.

Travel balance increases by 16 pct in June and 19.5 pct in first half of year

Greece’s travel balance rose by 16 percent in June, slowing from an increase of 38.2 percent in May, Bank of Greece (BoG) data revealed on Tuesday.

Special tax structure would benefit hotels and jobs, bank argues

By: Omaira Gill

Hotels in Greece would benefit from a more favourable tax framework in order to create jobs and harness investments, Alpha Bank’s weekly financial bulletin has highlighted.