BoG: More Arrivals, Less Travel Remittances in Aug. 2024
More arrivals, but less revenues is the verdict by the Bank of Greece (BoG) for this past August in terms of travel remittances from the all-important tourism sector in the country.
More arrivals, but less revenues is the verdict by the Bank of Greece (BoG) for this past August in terms of travel remittances from the all-important tourism sector in the country.
Its findings reveal that travelers to these destinations are becoming increasingly demanding, expecting high-quality travel experiences while also seeking authenticity.
"When visitors return to their home countries and see a Greek wine in the market, they will remember it and buy it. Essentially, we have 33 million potential ambassadors for our wine"
Beyond the traditional 'stars' of Greek tourism, other Greek islands' occupancy rates near 100% - Surprisingly, destinations accessible by car underperformed
It it the second most popular travel destination in mainland Greece for visitors from around the world
ELSTAT released provisional monthly statistics that revealed the upward trend in various sectors linked to Greek tourism
According to ELSTAT, revenues in the two sectors increased overall, but Mykonos and Santorini reported a steep decline
The independent economic research business based in London appears reassuring regarding the effects of climate change on tourist activity.
Uber, the US-based multinational said use of the app to hail a ride in Greece last April was up 72% compared with April 2023
In the pursuit of restoring beach accessibility for all, Euronews highlights the crucial role of local citizens using the MyCoast app to report violations, while the app identifies compliant businesses.
According to the latest data job openings soared to a record high of 70,826 positions in the first quarter of 2024, marking a remarkable 115.6% annual increase.
Greece was selected by 5.9% of respondents who were asked where they would vacation this year, up from 5.4% in the same survey last year
INSETE cited leisure, accounting for approximately 60%, followed by visiting relatives and friends at 18% as the main reason Greeks travel
Regarding the nationality of visitors, the United States holds first place
Additionally, there has been a shift from Balkan destinations to traditional European hotspots like the United Kingdom, Germany, France, Italy, and the Netherlands.
Citing Cirium figures, UK-based travel website travelweekly.co.uk reports that over 4,000 flights are scheduled to operate from UK airports to Greece in June 2024
Greece among top five countries on travelers' itineraries from Germany, France and the UK
Italy and Spain are tied as the top destinations, each attracting 8% of travelers
Of the 27,025,200 seats booked from March to October 2024, 80% have been confirmed
However, despite this year’s bookings projected to rise slightly compared to last year, Yiannis Hatzis, President of the Panhellenic Federation of Hoteliers, stresses the importance of strategic planning
More than 20,000 Turkish tourists flocked to the eastern Aegean isles during a nine-day religious period in the neighboring country
Hotelier families from Rhodes and Crete are expanding their businesses, key players in the development of Greek tourism and hotel chains.
According to recent data from the Association, the average room rate in Athens in February 2024 was 92.58, a 3% increase from last year
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