Travelers from the US and Germany supported Greece’s tourism sector in September reflecting a longer tourist season, according to data released on Thursday by the Bank of Greece (BoG).
More specifically, the number of German visitors to Greece in Sept. increased by 9.9% to 863.0 thousand with those from the US up by 10.8% to 188.8 thousand. Travel receipts for the month were up by 7.9% year-on-year driven by receipts from Germany which were up by 3.1% reaching 672.1 million euros and from the US increasing by 33.2% to 273.6 million euros. According to BoG analysts, receipts from Russia boomed in Sept. up by 114.2% to 4.0 million euros.
In total, the number of travelers visiting Greece in September (excluding cruise passengers) increased by 6.6% year-on-year to 5,483.2 thousand: up by 5.0% through airports and by 13.7% through road border-crossing points.
In the nine-month period to Sept. travel receipts grew by 4.1% year-on‑year reaching a total of 18.7 billion euros. BoG analysts attribute the rise to a 7.1% increase in receipts from EU residents as spending by travelers from other countries dropped by 2.2%.
Driving tourism-related revenues upwards in the Jan.-Sept. period were travelers from Germany generating 3,144.9 million euros in travel receipts up by 3.6% over the same period a year ago; from Italy with receipts up by 15.2% to 1,145.0 million euros; from the UK (+2.4% to 2,884.1 million euros); and the US (+6.5% to 1,253.2 million euros).
In total, 30.3 million travelers visited Greece from January to September marking a 9.3% rise over 27.7 million in 2023. Inbound traveler flows through airports rose by 10.0% and by 8.7% through road border-crossing points in the period under review.
Source: tovima.com
Latest News
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis
Mitsotakis: Greece is a Beacon of Stability in an Unstable World
Greek Prime Minister Kyriakos Mitsotakis described Greece as a "beacon of stability in an unstable world" following the Epiphany water blessing ceremony at Dexameni Square in Athens.