Tuesday Jan 27, 2015 Search
Weather | Athens
15o C
9o 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)  
Consumer confidence in decline in Q4
Euro slide fuels hope of tourism growth
Quest buys Cardlink from Alpha, Eurobank
SYRIZA calls for all taxes to be paid on time
Greek F-16 crash in southeastern Spain kills 10
A Greek fighter jet crashed into parked aircraft during a NATO training exercise on Monday in southeastern Spain, killing at least 10 people and injuring another 13, Spanish defense authorit...
PASOK heading for party congress, leadership contest
PASOK is due to hold a party congress in March, when the leadership of the party will also be at stake, after a poor showing in the elections. Sources said that PASOK leader and outgoing Dep...
Inside News
BASKETBALL
Basket League favorites survive challenges on the road
PAOK consolidated its position in the top three of the Basket League with a triumph at AGO Rethymnou on Saturday, while Olympiakos and Panathinaikos emerged victorious from their tough away ...
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakoss 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
Inside Sports
COMMENTARY
SYRIZAs win will test institutions
Greece was at an impasse, with a government that did not believe in what it was doing and an opposition that declared with passionate intensity that whatever the government did was wrong and...
COMMENTARY
The challenge for Tsipras and others
A few years ago, an associate of mine who had met with Alexis Tsipras when the young politician was running for Athens mayor told me how impressed he had been by his confidence. Tsipras was ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Basket League favorites survive challenges on the road
2. Consumer confidence in decline in Q4
3. Euro slide fuels hope of tourism growth
4. Quest buys Cardlink from Alpha, Eurobank
5. SYRIZA calls for all taxes to be paid on time
6. Stock traders none too pleased with election result
more news
Today
This Week
1. SYRIZA heads for historic victory but without majority
2. Greek Elections 2015: The day after | LIVE
3. SYRIZA's win will test institutions
4. Tsipras forges anti-austerity coalition in challenge to EU
5. Finnish PM says ready to discuss bailout extension for Greece
6. Tsipras moves to form anti-austerity government after crushing victory
Today
This Week
1. Greek Elections 2015 | LIVE
2. Greek Elections 2015 | LIVE
3. SYRIZA heads for historic victory but without majority
4. Greeks fork out nearly 5 pct of their incomes on telecom services
5. QE exclusion a de facto Grexit
6. Unsupervised voting
Advertiser Link
SMART WATER Project: Outputs and conclusions of the final conference
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.