The new record in Greek tourism revenues at the level of 20 billion euros, perhaps a little more, is considered a given by leading Greek tourism players.
Speaking at an event of the “Circle of Ideas” on the topic “GREECE AFTER VII: Asymmetries and national agenda” both the honorary president of the Association of Greek Tourism Enterprises (SETE) Andreas Andreadis and the former president of the Association Giannis Retsos estimated that the income for the 2023 Greek tourism will reach or exceed 20 billion. euro.
The climate crisis
At the same time, from the discussion in which the General Secretary of SETE, Mr. Giorgos Vernikos, also participated, the interesting opinion emerged that climate change is for Greek tourism a challenge and an opportunity rather than a threat.
As Mr. Andreadis explained, if our country and the Greek tourism industry adapts to the new situation, it can achieve a significant extension of the tourist season, as all studies show that more and more tourists will avoid the most formal summer months (July and August). . We will talk about a season that can be extended to eight months because all the countries will adapt to the new situation.
The “Climate Change Charge”
However, as emphasized, Greece should use the money from the “climate change charge” to support the tourist areas.
“We expect from the government and the prime minister a large part of the 300 million euros that will be collected to be given to tourism, because tourism brings these proceeds,” stressed Mr. Andreadis.
The challenges
For his part, Mr. Retsos also focused on the problems created by the climate crisis and the difficulties that the Greek tourism industry has to face them, because as he said it consists of many thousands of small and medium-sized businesses that are difficult to proceed with options that can to be made by a large group (investments in RES, etc.).
However, he agreed that it is a challenge for everyone and asked for greater support from the state and local government.
Mr. Retsos added that our country also has to face some special problems such as an increased tax on airlines which will make air travel more expensive for a destination like Greece which is further away from target markets and also tourists come almost exclusively by plane.
Finally, Mr. Vernikos referred to the economic importance that tourism has for our country as it connects with over 50,000 businesses of all kinds.
Latest News
Deadline for Postal Vote Registration Expires on Mon.
More than 157,000 Greek citizens had registered on the relevant online platform so far
Orthodox Palm Sunday Today; Shops Open in Greater Athens-Piraeus Area
Orthodox Holy Week begins on Monday, April 29, and ends on Sunday, Easter Sunday or Great and Holy Pascha (May 5)
Greek Retailers Remain Optimistic About Easter Shoppers’ Turnout
While stores are expected to be open on Sunday, April 28, the majority of Easter shoppers will likely do their shopping during the Holy Week, following the deposit of Easter bonuses
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%