Greek tourism offered a mixed bag for Q1 in 2025, with revenues in the Greek accommodation sector recording a 7.5% rise in the first quarter of 2025, according to official data from the Hellenic Statistical Authority (ELSTAT). In contrast, the figures in hospitality showed a downward trend, declining by 7.6% over the same period.
The regional unit of Heraklion in Crete saw a notable 40% rise in accommodation, while Thessaloniki reported the least growth with 7%. Chania in Crete had a substantial decline of 22%.
In the food service sector, the largest increase was observed in the Regional Unit of Thira (36.1%), while the smallest decrease (1.7%) was recorded in the Regional Unit of Corinth, and the largest increase was recorded in the Regional Unit of Mykonos (35.6%).
For all businesses in the accommodation sector, turnover in the first quarter of 2025 amounted to €488.405 million, marking a 7.5% increase compared to the first quarter of 2024, when it was €454.470 million.
For all businesses in the food service sector, turnover in the first quarter of 2025 amounted to €1,843,912 million, recording a 7.6% decrease compared to the first quarter of 2024, when it was €1,996,044 million.
In a recent report by the National Bank of Greece (NBG), Greek tourism is expected to maintain its upward trajectory in 2025, according to a new report by the National Bank of Greece. However, the conversation is now shifting from breaking records to ensuring the sustainability of the country’s growth model, following a decade of rapid expansion.
Source: tovima.com
