ECONOMY

Tourism spending per trip is growing

Expectations for a record year in terms of tourism in Greece are being confirmed by positive official figures. Bank of Greece data showed yesterday that the balance of travel services recorded a surplus of 1.07 billion euros, which was 306 million euros more than the 764 million recorded in the same period last year.

This is due to the 15.4 percent or 232.4-million-euro increase in travel receipts and the reduction of travel payments by 10.1 percent.

Arrivals reached 3 million in the year to end-May, a 9.5 percent annual increase, while average spending per person per trip rose 5.4 percent.

Total receipts from tourism came to 1.7 billion euros. Receipts from Germany rose by 36.4 percent to reach 311 million euros, while those from the United Kingdom declined by 19.1 percent, dropping to 162 million euros.