According to an analysis by INSETE, the Institute of the Greek Tourism Confederation (SETE), demand for tourist services in the country is not expected to be significantly impacted by global economic developments in 2024 in the countries of origin for inbound travelers.
The report underlines that the course of inbound tourist traffic to Greece will be contingent upon the reinforcement of the international competitiveness of the Greek brand.
This goal, the analysis points out, can be achieved by implementing a targeted strategic approach based on five main pillars of infrastructure, investment and competitiveness, effective destination management, the labor marketplace, and sustainability.
Travelers from the Eurozone countries have contributed around €7.7 billion to Greek tourism, the report notes, accounting for 44% of the total in 2019.
In the first 10 months of 2023, receipts from Eurozone countries amounted to €8.8 billion, up +17% from the respective period in 2019, while international flight arrivals from the Eurozone countries, for the whole of 2023, recorded a notable 13.7% increase compared 2019.
The five major markets of inbound tourism to Greece, Germany, France, Italy, the UK, and the USA, contributed a total of €8.9 billion for 2023 to the Greek tourism industry, with German travelers taking the lion’s share (€2.9 billion).
Germany:
During the first ten months of 2023, earnings from Germany amounted to €2.9 billion, showing a remarkable increase of +17% compared to the corresponding period in 2019. International air arrivals from German airports for the entire year of 2023 registered an 8.5% rise compared to 2019.
France:
Greece received approximately €1.1 billion from tourism originating in France in 2019, representing 6.2% of the total.
During the first ten months of 2023, earnings from France reached €1.1 billion, showing a notable increase of +29% compared to the corresponding period in 2019.
Italy:
Greece received approximately €1 billion from tourism originating in Italy in 2019, constituting 5.6% of the total.
International air arrivals from Italian airports for the entire year of 2023 increased by 16.0% compared to 2019.
United Kingdom:
Greece received approximately €2.6 billion from tourism originating in the United Kingdom in 2019, constituting 14.5% of the total.
During the first ten months of 2023, earnings from the United Kingdom amounted to €2.5 billion, showing a substantial increase of +32% compared to the corresponding period in 2019. International air arrivals from UK airports for the entire year of 2023 increased by 24.4% compared to 2019.
United States:
Greece received approximately €1.2 billion from tourism originating in the United States in 2019, constituting 6.7% of the total.
During the first ten months of 2023, earnings from the United States amounted to €1.1 billion, showing an increase of +7% compared to the corresponding period in 2019.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy
EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.
The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.
Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year
Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.
Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses
Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.
Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February
Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.
Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)
![ΕΛΣΤΑΤ: Αυξήθηκε η οικοδομική δραστηριότητα κατά 15,6% το Δεκέμβριο [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/03/DSC9655-2-1024x569-1-90x90.jpg)
