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

May Travel Receipts, Traffic to Greece on the Rise

Travel revenue and incoming tourism traffic rose in May by 1.7 percent and 1.5 percent year-on-year respectively, according to the Bank of Greece.

Tourism Minister Says Greek Summer ‘Fully Booked’

Greek Tourism Minister Elena Kountoura said this week that she expects most destinations to be fully booked in the upcoming period.

Greece Jan-March Travel Receipts Down by 9.2%

Travel receipts came to 489 million euros in January-March 2017, down by 9.2 percent compared to the same period in 2016, according to the Bank of Greece.

Three Airlines, Two Operators Handling Bulk of Tourists to Greece

Two tour operators and three airlines handle the bulk of travelers interested in Greece this summer, according to the Hellenic Slot Coordination Authority.

Greek Tourism Sector Created 7 in 10 New Jobs in May

The tourism sector accounted for seven in ten new jobs for the month of May, according to data from the Greek Labor Ministry’s Ergani system.

Five Regions Collect Most 2016 Travel Receipts in Greece

Five out of 13 regions in Greece accounted for the better part (87.5 percent) of the 12,749 million euros in travel revenue for 2016.

Greece’s Q1 Tourism Revenue, Arrivals Not Up to Par

Greece's Tourism receipts for the January-March period reached €513.2 million, lower than the same period in 2015, while arrivals dropped by 1.8 percent.

Tourism Season Spurs Greece Employment

The launch of the tourism season in Greece has boosted employment for the month of April, according to data from the labor ministry's Ergani system.

Positive Signs for Greek Tourism as Pre-bookings Grow

Tourists from Germany, Russia and the UK have already made plans to visit Greece this summer pushing the number of pre-bookings into positive territory and offering sector professionals a glimpse of what’s in store for 2017.

ICAP: Greek Tourism Sector Going Strong

Greece’s tourism sector is continuing to grow despite the ongoing economic crisis, according data released by Athens-based market research firm ICAP this week.

Greece’s 9-month Tourism Revenues Down by 5.5%

Revenue from Greece’s travel services dropped by 703 million euros in the first nine months of the year with the travel trade balance recording a 7.1 percent decline at 10.472 billion euros against 11.269 billion euros in 2015, according to tentative data released by the Bank of...

Weak Spending, Last Minute Bookings Take Toll on Greek Tourism

Last-minute reservations and decreased spending combined with an onslaught of taxes are cited by the Greek Tourism Confederation (SETE) as the reason behind declining revenues from tourism this year.

SEV Report Says Tax Evasion Behind Tourism Figure Variations

The recent discrepancies in foreign travel receipts between the Bank of Greece and the Tourism Ministry are in great part due to tax evasion and reflect the impact of tax policies, according to the Hellenic Federation of Enterprises (SEV).

Greek Ministry, Central Bank Differ on Tourism Revenue Figures

Alternate Tourism Minister Elena Kountoura recently expressed her concern over figures released by the Bank of Greece that appear to be different to the ministry's findings.

Greece Arrival Numbers on the Rise, Revenue Shrinking

Despite growing arrival numbers, Greek tourism has failed to meet expectations with the balance of travel services marking an 8.8 percent drop in the first eight months of 2016 against last year, according to data released by the Bank of Greece.

Thessaloniki Hotels Mark Slight Drop in Jan.-Aug. Overnight Stays

Thessaloniki reported a 0.49 percent drop in incoming tourism for the January-August period compared to a year ago with 3,500 fewer overnight stays at the city’s hotels, according to the Thessaloniki Hotels Association.

Study: Greece Four-month Direct Hotel Bookings Drop

Direct bookings to Greek hotels declined in the first four months of the year by 9.3 percent compared to the same period in 2015, according to a recent study released by digital marketeers Nelios, who cited the recent instability in the wider region behind the dwindling figures.

Greek Summer Travelers to Tighten their Belts in 2016

Greeks are set to spend less on their holidays this year, according to a recent study released by PayPal and market research company Gfk.

Last-Minute Bookings to Make or Break 2016 Tourism for Greece

While incoming air traffic to Greece for the January-June period marked a 4.9 percent increase, up by 278,000 arrivals, inbound road traffic dropped by 7.4 percent at a loss of about 337,000 arrivals compared to the same period in 2015.

BoG: March Travel Surplus Down, Incoming Russian Travelers to Greece Grow by 523.6%

The balance of travel services dropped in March to 62 million euros from 64 million euros recorded in the same month last year, the Bank of Greece (BoG) said on Monday.