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

Stronger Spending Drives Up January-April Travel Receipts for Greece 

The balance of travel services for the January-April period showed a surplus of 412 million euros, driven by a 22.8 percent rise in travel receipts.

Greek Property Market on Road to Recovery

Greece’s property market is showing signs of recovery with prices rising by 4 percent in the first three months of 2019, according to the Bank of Greece.
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Ministry: Greek 2019 Tourism Performance Robust

Greek tourism flows and revenue have retained the upward momentum recorded in previous years, with international arrivals up by 13 percent in the first four months of 2019.

March Travel Receipts for Greece Up by 32.2%

Greece's travel receipts increased in March by 32.2 percent year-on-year to 319 million euros from 241 million euros in the same month last year, according to the Bank of Greece.

Soaring Travel Receipts for Greece, Up by 41% in Jan-Feb

Greece's travel receipts rose by 41.1 percent or 129 million euros in the first two months of the year driven by a 32 percent leap in average spending per trip, the country's central bank said.

Transport, Exports Offset Greece’s Current Account Deficit in February

Greece’s current account deficit in February came to 990 million euros, down by 407 million euros year-on-year, according to the country's central bank.

Tourism Traffic, Revenues Peak at Five Greek Regions

For one more year, tourist traffic to Greece accelerated with Greek destinations welcoming some 33 million visitors in 2018, a 9.7 percent increase against 2017.

Greece Sees Major 53.2% Rise in Travel Receipts in January

Greece in January saw a remarkable 53.2 percent increase in travel receipts, according to data announced by the Bank of Greece.

Alpha Bank Sees Long-term Growth Prospects for Greek Tourism

Developing new forms of tourism and ensuring value for money are vital to the further prospects of the Greek tourism sector, according to Alpha Bank.

Greece Expecting Twice as Many US Travelers in 2019

Greece is expecting the number of travelers from the US to Greek destinations to double this year on the back of a 25 percent rise in incoming US tourism in 2018.

Strong Tourism Flows, Travel Receipts for Greece in November 2018

Greece's travel receipts rose by 42.4% year-on-year in November 2018, driven by a 6.2% rise in inbound traffic and increased spending per trip by 35.8%.

Greece Travel Receipts Up by 8.4% in Jan-Sept 2018

Travel receipts for the nine months to September 2018 increased by 8.4 percent compared to the same period in 2017, according to final data released by the Bank of Greece.

Individual Travelers to Greece Outdo Package Tourists in Nine-month Spending

Individual travelers have stepped in the lead in terms of tourism-related revenue in the January-September 2018 period, according to the Bank of Greece.

Bank of Greece: Tourism Revenue Rising, Up to €1.4bn in October

Tourism revenues rose to 1.41 billion euros in October 2018, from 1.19 billion euros during the same period last year, according to the Bank of Greece.

ICAP Study: Tourism Enterprises Among Greece’s Most Profitable

Tourism enterprises hold leading positions among Greece’s 500 most profitable businesses for 2017, according to an ICAP study.

Real Estate Study Says Bad Hotel Loan Portfolios a Hidden Opportunity

Investment groups handling non-performing loan portfolios stand to gain from the hidden value of the properties serving as collateral.

Real Estate in Greece: Four Reasons Why to Buy

With Greece’s exit from its bailout predicament, the country’s property market has begun to attract interest from foreign buyers, according to a report by property brokers Tranio.

Greece Tourist Traffic Still Strong in September but Spending Down

Inbound tourist traffic to Greece rose in September, but travel receipts are still slow and the average spending per trip recorded a drop.

Tourism Flows to Greece Robust for August

Tourism traffic to Greece continued its dynamic into August, with Greek destinations welcoming more than 6 million travelers, according to the Bank of Greece.

Greece H1 Travel Receipts Maintain Momentum, Up by 17.2%

EU residents contributed greatly to the 17.2 percent increase in Greece's travel receipts for the January-June period, according to the Bank of Greece.