Friday September 19, 2014 Search
Weather | Athens
27o C
19o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Record takings from tourism in first eight months of 2013

By Stathis Kousounis

Greek tourism registered an all-time record in revenues for the first eight months of the year, as takings in the January-August period amounted to 8.68 billion euros, beating the 2008 record of 8.67 billion.

Total revenues for the whole of 2008 came to 11.6 billion, and the head of the Association of Hellenic Tourism Enterprises (SETE), Andreas Andreadis, is anticipating 11.6 billion euros for 2013 too, which would climb to 12.2 billion euros when revenues from cruise tourism are included.

Although the official announcement of the data for the year to end-August is still pending, the increase in tourism arrivals in the first eight months of this year compared to 2012 amounts to 1.5 million, according to sources: Arrivals reached 12.46 million against 10.96 million last year. SETE therefore expects arrivals to reach 17.5 million by the end of 2013.

On Monday the Bank of Greece issued the details for the first six months of the year, showing an 18.1 percent increase in revenues, 14.2 percent annual growth in stay-overs, and a 12.3 percent rise in foreign tourist arrivals.

Revenues from cruise passengers posted a 9.5 percent yearly rise in the first half of 2013, climbing to 185 million euros from 169 million in the first half of 2012. Cruise tourism brought a total of 519.4 million euros into Greece in the whole of 2012, the BoG data showed. The lions share (40.4 percent) was from those who docked in the port of Piraeus last year. Corfu accounted for 12.3 percent and Santorini for 9.6 percent.

On Tuesday, in the context of the second day of SETEs Tourism and Growth conference, McKinsey & Company will present a study which will reportedly show that about 3.3 billion euros should be invested every year in tourism for each of the next eight years in order to attain the targets of 24 million international arrivals per annum, per capita spending of 750-800 euros and a total of 31-33 million euros of revenues by 2021.

The private sector will need to invest some 22 billion euros and the state should contribute through resources from European Union-subsidized programs.

ekathimerini.com , Monday October 21, 2013 (21:52)  
Local lenders draw 5 bln for loans to SMEs
Tourism drives jobless rate down
Hardouvelis asks for some room to breathe
Athens could miss out on last bailout installment
Police, protesters clash during rally to mark Fyssas killing
Greek police fired teargas at protesters who hurled petrol bombs and stones in Athens on Thursday during a rally marking one year since the killing of an anti-fascism rapper by a far-right G...
Prescription limit to rein in EOPYY spending
In a bid to rein in its expenses, the countrys largest healthcare provider, EOPYY, is to announce a limit in the coming days on the number and type of diagnostic tests that doctors affiliat...
Inside News
SOCCER
Triumph for PAOK, historic result for Asteras in Europa League
Greek teams produced a patchy record on the opening night of the Europa League group stage on Thursday, as PAOK thrashed Dynamo Minsk, Asteras Tripolis snatched a draw at Besiktas and Panath...
SOCCER
Financial crisis forces Greek second division postponement
Greece's second soccer division Football League announced on Wednesday the postponement of the start of the season due to financial difficulties being faced by most clubs. "The board of dire...
Inside Sports
COMMENTARY
High stakes after the Scottish vote
We will soon know whether the Scots voted for their countrys independence or whether they will remain citizens of the United Kingdom of Great Britain and Northern Ireland. What was alread...
COMMENTARY
Greek societys and lenders fatigue
The issue of early elections continues to dog the coalition government despite all the official denials. That the administration is losing its cool is obvious. The political discourse has no...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Triumph for PAOK, historic result for Asteras in Europa League
2. Local lenders draw 5 bln for loans to SMEs
3. Tourism drives jobless rate down
4. Hardouvelis asks for some room to breathe
5. Athens could miss out on last bailout installment
6. Police, protesters clash during rally to mark Fyssas killing
more news
Today
This Week
1. SYRIZA ahead of ND, new opinion poll shows
2. Extradited Greek couple to face magistrate in Athens
3. National Bank of Greece said to pick advisers for Turkish sale
4. Man's charred remains retrieved from vehicle following accident
5. Unemployment at 26.6 percent in second quarter of 2014
6. Bank of Cyprus sells UK loan portfolio
Today
This Week
1. Greece on standby
2. Greece at bottom of social justice scale among EU28
3. Central Athens traffic restrictions back in force on Monday
4. Lost in the fog
5. Democracy under Pressure | Live Streaming
6. SYRIZA spokesman suggests gov't sought to stop NERIT airing Tsipras speech live
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.