Greece welcomed some 3.9 million travelers in the January-April period who spent 1.786 million euros, according to tentative data published this week by the Bank of Greece.
Central bank data reveals a 22% rise in four-month travel receipts over the same period in 2023 with analysts attributing the increase to a 2.1% rise in average spending per trip to 442 euros.
In the January-April period, travel receipts rose by 22% while the number of inbound travelers reached 3.896 million up from 3.246 million in 2023.
Top spenders from January to April were visitors from Germany, France, Italy, and the US who spent 235.6 million euros, 127.8 million euros, 121.4 million euros, and 204.6 million euros, respectively.
In terms of traveler flows, which exclude cruise arrivals, January-April saw inbound arrivals increase by 20.0% to 3,896.0 thousand: up by 23.4%, through airports and by 14.4% through border-crossing points.
In the same four months, the number of tourists from EU countries increased by 27.1% year-on-year with travelers from non-EU territories increasing by 12.2%.
Key source markets in the January-April period were Germany (+28.3%), France (+8.2%), Italy (+59.6%), and the United States (+62.1%).
Source: tovima.com
Latest News
CERN: Greek Prof. Elected as Next President of its 2-Year Council
Prof. Costas Foudas, who heads the high physics group at the University of Ioannina, will assume the prestigious post of president of the CERN council, for the 2025-27 period
Piraeus Port Authority Posts Vibrant 1H 2024 Results
Total revenues for the January-June 2024 period reached 107.1 million euros, compared to 102.4 million euros in the corresponding period of 2023
Risk of Poverty Up in Greece, According to Stats Authority
A risk of poverty, not actual poverty, threatens 18.7% of the population in 2023, an increase from 17.4 % the previous year
ELSTAT: Rising Living Costs in Greece, Avg. Spending Up 5.3% 2023
The highest average annual expenditure was recorded in the Attica region, amounting to 23,325.96 euros, while the lowest was in Central Greece, at 14,052.24 euros.
One in Four Greek Businesses Violate Minimum Wage Law
The government instituted an additional 40-euro pay rise to employees earning the minimum wage in Greece last April
Study: Six Greek Companies Among Europe’s Best Workplaces in 2024
This recognition highlights the growing influence of Greek businesses at a European level, leading the way in creating great workplaces for all
Greece Faces Worst Talent Retention Crisis in Years
According to research by the ENA Institute, over 280,000 economically active people left Greece between 2019 and 2022
Where €250,000 Can Still Get You a Greek Golden Visa
The cost for a Golden Visa jumped from €250,000 to as high as €800,000 on September 1, but there are still some ways for third country nationals to get a lower-cost Golden Visa
IRIS: Deadline Approaches for Freelancers to Register
It should be noted that there is a daily 500 euros transaction limit via IRIS per customer with this limit not applying to the total payments a professional can receive in a 24-hour period.
PPC Partners Up to Boost Renewable Energy Capacity in Greece
This is a move that aims for the gradual phase-out of lignite units and an increase in renewable energy sources, with a particular emphasis on wind energy