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

Study: Greek Tourism Generates Rising Revenue

The tourism sector has evolved into a driver of the economy, with Greece receiving 27.2 million tourists in 2017, who generated a total of 14.2 billion euros, according to INSETE's latest report.

INSETE-trivago Team Up to Offer More Insight on Greek Hospitality Market

In its ongoing effort to provide the most accurate insight into Greek tourism and travel industry trends, INSETE has joined forces with trivago.

Central Bank: Greece 2017 Travel Receipts Up by 10.8% at €14.6bn

Greek travel receipts came to a total of 14.6 billion euros in 2017, up by 10.8% compared to 2016, according to final data released by the Bank of Greece.

WTTC: Greek Tourism Key Economic Driver in 2017, Set for Growth in 2018

The total contribution of travel and tourism to Greece's GDP amounted to 35 billion euros in 2017 and is forecast to rise by 5.3 percent in 2018, according to the WTTC.

Greece a Favorite Luxury Travel Destination in 2016, Says SETE Intelligence

Greece welcomed 402,000 luxury travelers in 2016, making it the third most popular destination in this category for European markets after Italy and Spain.

Incoming Traffic at Greek Airports on the Rise in February 2018

February tourist arrivals increased at major Greek airports by 24.9%, reinforcing estimates of a good year ahead for Greek tourism, according to SETE Intelligence.

International Arrivals to Greece Soar in January 2018

International arrivals to Greece increased by 22.4 percent in January 2018, according to the latest data released by INSETE.

Tourism Offsets Greece’s Current Account Deficit

Greece’s current account recorded a deficit of 1.5 billion euros in 2017 down by 418 million euros year-on-year, with travel receipts slightly increasing.

INSETE: Greece Air Arrivals Up in December 2017

International arrivals at Greece’s main airports grew in December 2017 by 5.3 percent and 8.6 percent since the beginning of the year, according to INSETE.

INSETE: Greece Autumn Arrivals, Tourism Revenue Stronger

Greece's number of arrivals and tourism-related revenue increased in September and October according to InSETE’s monthly bulletin.

More Overnight Stays in Jan-Aug 2017 for Thessaloniki Hotels

Hotels in Thessaloniki reported more overnight stays in the first eight months of the year, up by 4.26 percent, according to the Thessaloniki Hotels Association.

SETE: Road, Sea, Air Travel to Greece on the Rise

Incoming traffic to Greece by road, air and sea is increasing, paving the way for improved figures in 2017, according to the monthly bulletin of the Greek Tourism Confederation (SETE).

UNWTO: Greece Tourism Hits Gold in July

Greece has taken the lead over its rival Spain in terms of tourism performance in the first half of the year, according to the World Tourism Organization (UNWTO).

NBG: Tourism Helps Propel Greece’s GDP into Positive Territory

Greece’s robust tourism sector is expected to boost the country’s GDP by 1.6 percentage points in 2017, according to the National Bank of Greece (NBG).

Passenger Traffic to Greek Isles Picks Up in June-August

Outbound passenger traffic from the port of Piraeus to the Greek islands increased in the June-August period compared to the same period in 2016.

Alpha Bank: Greek Tourism to Stimulate Growth by 20% in 2018

Greek tourism is set to play a leading role in the recovery of the Greek economy estimated at boosting the GDP by 20% in 2018, Alpha Bank analysts said.

Greek Deposit Inflows Slowly Picking Up Pace

Private sector deposits at Greek banks picked up pace in the summer months on back of improved tourism figures and following the third bailout deal.

Greece-bound Tourists from Russia, US and Germany Spend More in June

Russian, US and German holidaymakers spent more on their vacation in Greece in June, according to data by the Bank of Greece.

Greek Summer Loading: Expecting 3.2m Visitors in August 

Greece is expecting 3.2 million visitors this month breaking all records and demonstrating the sector’s robust growth.

NBG Says €6bn Needed for Greece Hotel Sector Growth 

The National Bank of Greece says that a competitive tourism product, new destinations, extended season and investments for upgrades or new hotels are necessary to boost travel revenue by 40%.