Greek Tourism Minister Olga Kefalogianni has predicted a record-breaking year for tourism in 2024, with revenues expected to surpass €20 billion. Highlighting strong performance in key months and innovative new policies, including a globally pioneering hotel classification system based on environmental standards, Kefalogianni emphasized Greece's commitment to sustainable growth in its vital tourism sector.
Tag: tourism revenues
Tourism revenues in Greece dropped 1.8% in August 2024, despite a 6.6% increase in visitor arrivals, according to the Bank of Greece. This marks the second consecutive month of decline, raising industry concerns. Contributing factors include reduced tourist spending on non-hotel expenses, the rise of short-term rentals like Airbnbs, and higher airfare prices. As September approaches, stakeholders are monitoring the situation for signs of recovery.
Greece’s Prime Minister said on Tuesday that revenues from its all-important tourism industry will reach…
According to the Bank of Greece, tourism revenues fell 78.2% and there was a 77.2% drop in…