The Bank of Greece (BoG) reported that Greek tourism revenue grew at a rate of 12.2% in the first half of the year.
According to the BoG figures, travel revenues in the first six months of 2024 reached €6.9 billion, compared to €6.1 billion in the same period of 2023, generating an additional €754 million in 2024 compared to 2023.
Specifically for June, however, the growth rate was more moderate at 7.7%. In that month, revenues amounted to €3.11 billion compared to €2.89 billion in the previous year, marking a positive difference of €223 million.
Travel receipts hit a record high of €20.5 billion in 2023, confirming that the tourism sector in the country raised the bar even higher last year, surpassing the previous record set in 2019.
More specifically, travel receipts reached €20.459 billion, roughly 12.7% higher than the €18.151 billion in 2019.
According to data from INSETE’s Airdata Tracker, scheduled international flight seat capacity to Greece has increased by 8.2% compared to 2023, with 53% of this growth occurring in the third quarter. Encouragingly, tourism is gradually succeeding in extending the season, with pre-bookings for September and October providing grounds for optimism.
As concern about over-tourism is gaining traction in public discourse in the country, the crucial role of Greek tourism in the economic recovery of Greece is undeniable, as it continues to contribute by far the lion’s share to domestic GDP.
The data confirms a previous study by the National Bank of Greece (NBG) that estimates in 2024 the sector could achieve new records, with arrivals reaching 35 million tourists (+7% compared to 2023) and improved revenue per tourist, resulting in earnings of around 22 billion euros (+10% compared to 2023) and achieve an increased share in the Mediterranean market.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
German Ambassador to Greece Talks Ukraine, Rise of Far Right & Tariffs at Delphi Economic Forum X
Commenting on the political developments in his country, the German Ambassador stressed that it was clear the rapid formation of a new government was imperative, as the expectations across Europe showed.
Athens to Return Confiscated License Plates Ahead of Easter Holiday
Cases involving court orders will also be excluded from this measure.
Servicers: How More Properties Could Enter the Greek Market
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.
Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.
FM Gerapetritis Calls for Unified EU Response to Global Crises at EU Council
"Europe is navigating through unprecedented crises — wars, humanitarian disasters, climate emergencies," he stated.
Holy Week Store Hours in Greece
Retail stores across Greece are now operating on extended holiday hours for Holy Week, following their Sunday opening on April 13. The move aims to accommodate consumers ahead of Easter, but merchants remain cautious amid sluggish market activity.
Green Getaway Ideas for Easter 2025 in Greece
Celebrate Easter 2025 in Greece the sustainable way with eco-farms, car-free islands, and family-friendly getaways rooted in nature and tradition.
Civil Protection Minister Details Summer Firefighting Plans at Delphi Forum
At the 10th Delphi Economic Forum, Minister of Climate Crisis and Civil Protection Yiannis Kefalogiannis discussed Greece's plans for the upcoming fire season.
How Shops and Markets Will Operate During Easter Holy Week
The Easter holiday schedule has been in effect since April 10, with retail stores open Palm Sunday, and most supermarkets also operating to meet consumer demand for Easter shopping
Why Is the French Aircraft Carrier Charles De Gaulle in Piraeus?
Docking in Piraeus after a four-month deployment in the Indo-Pacific region, the admiral of the aircraft carrier the Charles de Gaulle says, "Greece is our best partner in the Mediterranean."
