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Tourism
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EconomyMacroeconomy
Travel balance surplus up by 10.9 pct in 2019 as 31.3 mln visitors roll in Greece’s travel balance rose to a surplus of 42.7 million euros in December according to Bank of Greece (BoG) data released on Friday, representing a rise of 84.6 percent compared to the same time last year.
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EconomyFeatures
Hotel industry sees investment in high-end units, but hampered by seasonality The Greek hotel sector reported strong performance in 2019 with revenues rising by 7.3 percent year-on-year (YoY) according to data presented by the Hellenic Chamber of Hotels (HCH).
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EconomyMacroeconomy
November travel receipts drop by 42.9 pct on lower French receipts Greece’s travel balance fell to a surplus of 87.4 million euros in November according to Bank of Greece (BoG) data released on Tuesday, a decline of 42.9 percent compared to the same time last year.
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EconomyMacroeconomy
Travel surplus rises by 12.7 pct in 9M The balance of travel services came to a surplus of 14.10 billion euros for the first nine months (9M) of the year, Bank of Greece (BoG) noted in its travel balance report.
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EconomyMacroeconomy
Oct travel receipts up by 4.1 pct, boosted by rise in visitors from UK and Russia Greece’s travel balance rose to 1.19 billion euros in October from 1.21 billion a year ago, according to Bank of Greece (BoG) data released on Monday.
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EconomyMacroeconomy
Turnover in tourism sector rises by 6.1 pct in Q3 The turnover index in accommodation and food services rose by 6.1 percent year-on-year (YoY) in the third quarter (Q3), reversing a revised reading of 1.7 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.
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EconomyMacroeconomy
Travel balance up by 15.3 pct in September Greece’s travel balance rose to 2.63 billion euros in September from 2.28 billion a year ago, Bank of Greece (BoG) data has shown.
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EconomyMacroeconomy Travel balance up by 14.4 pct in August, 8-month receipts show rise of 13.6 pct Greece’s travel balance rose to 3.93 billion euros in August from 3.43 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 14.4 percent year-on-year (YoY).
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EconomyMacroeconomy Travel surplus rises by 10.4 pct in H1, German visitor numbers and receipts drop The balance of travel services came to a surplus of 4.08 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.
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EconomyFeatures
Hotel owners sound warning over Thomas Cook revenue losses The head of the Hellenic Chamber of Hotels (HCH) on Tuesday presented data outlining the immediate impact of the collapse of Thomas Cook on the Greek hotel sector.