ECONOMY

Rivals’ issues to boost Greek tourism: TUI

Rivals’ issues to boost Greek tourism: TUI

Security concerns in other countries will help Greece secure as many as 2.3 million tourism arrivals from Europe’s leading tour operator TUI in 2016.

The travel group estimates that Greece will climb one spot this year from 2015 in terms of the destinations of the tourists TUI serves. Therefore it expects Greece to rank second this year, behind Spain, which will retain its supremacy for another season.

Up until last year second spot belonged to Turkey, but the security issues that have arisen in the neighboring country will probably eat into a significant part of its international tourism market share in 2016. Other destinations such as Egypt and Tunisia are set for more losses for the same reason. In contrast, positive developments are expected for Spain and Cyprus, which will secure a greater share of the spoils from the countries with security problems than Greece.

This country is hoping for an improved share through last-minute bookings, as the migration issue and the delay in Athens and the country’s creditors reaching an agreement have cast a shadow over Greece, preventing it from collecting more gains from its rivals with security concerns.
 

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