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Greece Attracts 8.6 Million Tourists in January-August, Sees Revenue Reach €6.6 Billion
Posted On 22 Oct 2021
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Greece in January-August welcomed over 8.6 million inbound travelers, a 79.2 percent rise over the first eight months of 2020, the Bank of Greece (BoG) said on Friday.
During that period the country’s travel receipts rose 135.7 percent increase to 6.6 billion euros compared to the corresponding period of 2020. Meanwhile, the revenue from Greece’s travel receipts during January-August 2021 is almost half of 2019 earnings. Greek tourism in 2019 pulled in revenue of some 18.2 billion euros.
According to BoG data, the development in revenue was driven by a 146.2 percent increase in receipts from residents of the EU27, which rose to over 4.4 billion euros, and by a 102 percent rise in receipts from residents outside the EU27 to over 1.9 billion euros.
In greater detail, receipts from euro area residents rose by 134.6 percent to over 3.4 billion euros, while receipts from residents of non-euro area EU27 countries increased by 198.3 percent to 979 million euros.
In particular, receipts from Germany increased by 114.7 percent year-on-year to over 1.2 billion euros and receipts from France increased by 207.7 percent to 731 million euros.
Turning to non-EU27 countries, receipts from the United Kingdom rose by 75.2 percent to 787 million euros, while receipts from the United States increased by 371.5 percent to 340 million euros. Receipts from Russia also increased by 414.1 percent to 58 million euros.
Arrivals
As mentioned, in January-August 2021, the number of inbound travellers to Greece rose by 79.2 percent to over 8.6 million. With regard to Greece’s key markets, travellers from Germany increased by 111.1 percent to over 1.5 million and travellers from France increased by 184.8 percent to 775,000. The number of travellers from the United Kingdom rose by 37 percent to 723,000, while the number of travellers from the United States increased by 127.2 percent to 211,000 and from Russia by 142.6 percent to 54,000.
