Athens' hotels began 2019 with a slow performance, reporting declines in occupancy, RevPar (revenue per available room) and ARR (average room rate), according to the city's hotel association.
If the UK exits the EU with no deal in place, Greece stands to see a budget gap of 224 million euros through to 2020, according to an analysis by the Bruegel Institute.
Greek airports welcomed 2.1 million passengers in January 2019, thus starting the year with 9.7 percent traffic growth, according to data released by the Hellenic Civil Aviation Authority.
Duty free sales with emphasis on fashion, watches and jewelry, increased in 2018 on the back of a good year in 2017 and driven by the stronger tourist flows to Greece.
Airlines have slashed the number of scheduled seats to Greece by 7 percent, or 1.3 million, this year compared to 2018, according to findings released by INSETE.
Investors seeking to tap into Greece’s growing hospitality market should focus on lesser-known destinations and 3-star hotels, says Arbitrage Real Estate.
The European tourism sector proved resilient last year yet again as it prepares for 2019 uncertainties, according to the latest report of the European Travel Commission (ETC).
The European Commission is forecasting a 2.2 percent growth for the Greek economy in 2019, following the completion of its bailout program last August.
The International Air Transport Association (IATA) released global passenger traffic results for 2018 showing that demand rose by a healthy 6.5% compared to full-year 2017.
Greece's 14 regional airports run by Fraport Greece registered a 12.3% rise in passenger traffic in January this year, compared to the same month in 2018.
Greece has reported an 80 percent rise in arrivals from India in 2018 over 2017, following the Greek Tourism Ministry's strategy to make the country a sought after destination for Indian travelers.
Greece has achieved a decade-long record of visitor figures from Belgium, growing arrivals from the country to over 530,000 for 2018, according to the Greek Tourism Ministry.
The islands of the North Aegean, which have been on the receiving end of refugee and migrant flows from neighboring Turkey, recorded improved tourism results in 2018.
Luxury travel specialist Sovereign has included Crete among the world’s top five holiday destinations for those seeking to get the best variety of culture, relaxation and entertainment.
London is the most popular destination for travel this Valentine’s weekend (February 14-17), according to the results of a travel survey conducted by Ryanair.
