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SETE Intelligence: Air Arrivals Growth Continues in Greece

Photo by Greek Travel Pages (GTP)

Photo by Greek Travel Pages (GTP)

Greece in April saw an increase in international arrivals by air and a small rise in road arrivals, compared to the same month in 2017, the intelligence unit of the Greek Tourism Confederation (SETE) said on Monday in its monthly bulletin.

According to SETE Intelligence, released on Monday, international arrivals at Greece’s main airports recorded an increase of 11.1 percent. During the first four months of the year, international arrivals to Greece rose by 17.6 percent year-on-year.

Growth in April was recorded in both Athens Airport (+16.1 percent) and regional airports (+7.8 percent). From the beginning of the year the respective increases were 22.9 percent and 11.5 percent.

On the other hand, international road arrivals to Greece in April increased by a mere 1.1 percent and during the first four months of the year, saw a four percent rise.

SETE Intelligence  also provided data from the Hellenic Slot Coordination Authority on scheduled slots at Greek regional airports for this year’s season.

The specific data, which was collected by March 31, shows an increase in the number of slots at Greek regional airports by 16.8 percent or nearly 2.7 million for the upcoming season, compared to the same period last year.

In particular, in June, the rise in slots is estimated at 18.9 percent or 505,000. In March, slots increased by 107.3 percent or 57,000 and in April by 10.8 percent or 70,000.

Moreover, the bulletin included the latest updates in Greece’s hospitality industry.

“The observed high activity in the hotel industry continued, with the involvement of very important international brands in Athens,” SETE Intelligence said, focusing on the opening of the Athens Marriott Hotel and the announcement regarding the first Grand Hyatt hotel in Greece.

SETE Intelligence also mentioned that the Turkish lira is in a free fall (EUR 1 = TRY 5.5), which on the one hand makes the Turkish tourism product much more competitive, and on the other hand, indicates the lack of international investment towards the Turkish economy.

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