Greece saw a rise in tourism in November 2024, with over 1 million arrivals and 2.2 million nights spent, marking year-on-year growth. Non-resident visitors led the increase, while residents accounted for the majority of arrivals. The average stay was 2.2 days, showcasing Greece’s appeal as a year-round destination.
Tag: tourism trends
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.
Greek tourism is expected to see a 25% growth in 2024 compared to pre-pandemic levels, according to SETE President Yiannis Paraschis. Speaking at the “Reimagine Tourism in Greece” conference, Paraschis highlighted Greece’s strong recovery, with arrivals up 11% and revenues up 5.5%-6% from January to July 2023. He also addressed challenges like overtourism in popular destinations and called for a focus on value for money and sustainable growth in the tourism sector.
Germany, the UK, and Bulgaria emerged as the primary catalysts behind Greece’s tourism surge in…