MacroPolis

Drop in arrivals and spending impinge on H1 travel receipts

The balance of travel services in June posted a surplus of 1.72 billion euros, a decline of 3.6 percent compared to the surplus of 1.78 billion in the same period last year, according to data released by Bank of Greece on Monday.

SETE study presents short- and longer-term prospects of Greek tourism

The Association of Greek Tourism Enterprises (SETE) published on Thursday the first issue of a periodical study outlining the developments and prospects of Greek tourism.

Travel receipts drop at an accelerating pace of 10.4 pct in May despite growth in arrivals

Greece's travel receipts headed south for the second straight month dropping at an accelerating pace of 10.4 percent in May from 7 percent in April, Greece (BoG) figures showed on Friday.

Tourism and exports expect impact from Brexit fallout

Although the effect from Brexit is likely to be rather small and limited on Greek economy, according to Bank of Greece (BoG) sources, some sectors could feel an imminent impact from the recent turmoil in the UK.

Lower foreign arrivals lead to 7 pct drop in April travel receipts

Greece's travel receipts fell by 7 percent in April after a short-lived rise by 8.2 percent in March, Bank of Greece (BoG) figures displayed on Wednesday.

Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1

The Turnover Index in Accommodation and Food Services fell for the second straight quarter by 11.7 percent in Q1 of 2016 after an upward revised 9.1 percent drop in Q4 2015, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.

Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct

Greece's travel receipts rebounded 8.2 percent to 220.6 million euros in March after dropping in the preceding two months, Bank of Greece (BoG) figures showed on Monday.

Greek tourism: Hopeful yet uncertain for 2016

By: Omaira Gill

After a bumper tourism year in Greece last year, where an estimated 25 million visitors beat the grim economic climate of the country to visit in droves, the 2016 season has started out painting a more mixed picture.

Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln

Greece's travel receipts fell for the second straight month in February, when they declined by 3.8 percent to 133.7 million euros in February, Bank of Greece (BoG) figures showed on Thursday.

Greek tourism's long-term growth prospects are good, report shows

The direct contribution of travel and tourism to Greek GDP reached 13.3 billion euros (7.6 percent) in 2015 and is estimated to fall by 0.5 percent to 13.2 billion in 2016, according to the annual economic report of the World Travel and Tourism Council (WTTC).