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Travel & Tourism industry news by Greek Travel Pages (gtp)

Unemployment to Rise as Arrivals Are Seen to Drop

The Research Institute for Tourism and Forecasts (ITEP) expects arrivals to fall at least by 4.24 percent this year, while tourist traffic from traditional markets are predicted to drop by 4.58 percent.

ITEP said the decrease in arrivals would have a direct impact on employment.

A decrease in 2009 arrivals between five, 10 and 15 percent would lead to job losses of 69,000, 96,000 and 144,000 respectively.

The institute highlighted that required measures must include a central policy towards employment protection.

The proposed measures include the reduction of airport charges, cutbacks in coastal shipping costs and the reduction of the VAT rate to a level that approaches that of rival countries such as Spain and Portugal.

Meanwhile UNWTO concludes that global tourism could drop by two percent this year.

About the Author
Nikos is Greek-American born in New York, USA, and has lived in Greece for over 30 years. He is the managing editor of Greece's leading monthly travel and tourism guide, the Greek Travel Pages (GTP) since June 2008 and of news site GTP Headlines since its launch in September 2012. Nikos has also served as international press officer for the City of Athens and for the mayor. He has a degree in Mass Media and Communications, specializing in Journalism. Nikos is a native English speaker and speaks Greek fluently.

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