Turnover Up for Greek Travel Agencies in Q3

An increase of 13.5 percent was recorded in the turnover of Greek travel agencies, tour operators, reservation services and related activities in the third quarter of 2019 compared to the corresponding period of 2018, the Hellenic Statistical Authority (ELSTAT) said recently.

Additional data provided by ELSTAT also showed an increase of 25.2 percent for the corresponding period (July-September) of 2018 compared to 2017.

Quarter on Quarter growth rate

Moreover, ELSTAT’s data showed that the turnover of Greek travel agencies, tour operators, reservation services and related activities during the July-September 2019 period, compared to the second quarter of 2018 increased by 65.4 percent, while the increase for the corresponding period of 2018 was 77 percent (Table 3, Graph5).

ELSTAT’s data on Greece’s travel agency sector was included in its Turnover Indices in Transport Sector report, which included the year on year and quarter on quarter growth rates of land transport and transport via pipelines; water transport; air transport; and warehousing and support activities for transportation.