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

Greeks Holidaying Less Due to Crisis?

Greeks took fewer holidays and cut their vacation period short in 2015, according to the latest data released by the country’s statistical authority ELSTAT, costing the local tourism industry up to 121 million euros in takings.

Tourists Not Spending Enough Money in Greece

The average spending of tourists in Greece dropped by 8.9 percent at 597.9 euros per trip in July, according to data released by the Bank of Greece.

July 2016 Tourism Revenue for Greece Disappoints

Despite promising arrival figures to Greece, tourists are not digging into their pockets, according to Bank of Greece data release on Tuesday, indicating a 3.5 percent drop in travel receipts, down by 100 million euros, for July compared to the same month in 2015.

Greek Tourism Boosts Employment in First Seven Months of 2016

The Greek tourism sector remains one of the country’s driving forces contributing some 82 percent to the increase in employment in the first seven months of the year, according to the latest labor ministry data.

Tourism Minister Expects Record Rise in Arrivals to Greece

Greek Alternate Tourism Minister Elena Kountoura said she expects a record rise in the number of arrivals this year and increased revenue thanks in large part to the ministry’s targeted actions.

Dynamic Tourist Flows for Ionian Islands in July

Greece’s Ionian Islands, which include Corfu, Zakynthos and Kefallonia, recorded a welcome increase in the number of July arrivals, regional authorities said last week.

Greece Tourism Body Says 11th-hour Travelers to Compensate for Lost Ground

Last-minute vacationers are offsetting losses recorded in the first summer months of the year with the Greek Tourism Confederation (SETE) indicating a 9 percent rise in the number of arrivals in July at regional airports and a 9.6 percent increase at Athens International Airport (AIA).

Mainland Greece Destinations Get August Tourism Boost

Tourism traffic for August is picking up pace particularly in mainland Greece destinations while British travelers are still hitting Greek shores despite Brexit fears and the devaluation of the pound against the euro.

Tourism Breathing Life into Greek Economy, Alpha Bank Says

Tourism is picking up pace and breathing life into the Greek economy according to the latest weekly report by Alpha Bank.

Pilot Flights from Jordan to Rhodes in September

In efforts to expand the tourism season and attract new markets, the South Aegean Region is tapping into the Middle East with the launch of two direct flights on September 7 and 14 from Jordan to Rhodes as part of a pilot program set to be fully implemented in 2017.

Greece Welcomes More Russian Tourists, Turkey Spillover

The number of Russian travelers to Greece and the resultant spending has given the Greek economy a much-needed boost with arrivals up by 47.6 percent at 83,000 and spending increased by 8.7 percent or 54 million euros in the first five months of the year, according to data...

ICAP: Greece Tourism Growth Boosts Hospitality Sector

Greece’s hospitality sector is seeing a boost in revenues thanks to an ongoing upward trend in tourism, a recent ICAP sector study reveals.

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.

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.

PayPal, Data Insight: Russian Travelers Have a Soft Spot for Greece

It seems that Russian vacationers have a soft spot for Greece and the numbers are growing according to a recent online study by PayPal and Data Insight which bears this out with the number of Russian tourists visiting this summer expected to rise by up to 70 percent.

SETE Chief Says 2016 ‘Last-minute’ Year for Greek Tourism

SETE President Andreas Andreadis' outlook for Greek tourism in 2016 is reluctantly optimistic, as he described it as a “last minute year” due to the inconsistency of bookings and said that the positive outcome is more due to the geopolitical events in the region rather than...

TUI Says Austrian Vacationers Have a Soft Spot for Greece

Turkey move over, Greece now leads Austrian travelers’ holiday destination choices, according to a survey carried out by international tour group TUI and presented in Vienna recently.

WTTC: Tourism Investment in Greece Drops, Better Outlook in 10 Years

Greek tourism seems to slowing down this year according to the World Travel & Tourism Council (WTTC) which predicts that tourism investment in Greece is set to drop, adding however that travel receipts will mark a small rise.

Greece Hotel Units in the Red

Greek hotel owners seem to be unable to pay back the loans they've taken out, according to Bank of Greece (BoG) deputy governor Theodore Mitrakos. Out of a total of 7.6 billion euros in loans granted to tourist accommodations, approximately half (49.8 percent) have been recorded...

Mouzenidis Group Moscow Meet Brings Greece Closer to Russia

More than 700 tour operators from across Russia participated in the Mouzenidis Group’s 1st Business Forum 2016 held at the Renaissance Monarch Center in Moscow on Tuesday, which cast the spotlight on Greece and its tourism offerings this summer.