ECONOMY

Triple concern for local tourism professionals

triple-concern-for-local-tourism-professionals

Tourism professionals fear a drop in the competitiveness of the Greek destination as a result of the increase in value-added tax rates on accommodation and food service, the consequences of the high numbers of refugees and immigrants arriving in the country, and a plan that Turkey has announced regarding the creation of tax-free tourism zones.

The Turkish plan provides for resorts on Turkey’s Aegean coast, close to a number of Greek islands such as Lesvos (pictured), in the hope of attracting not only more foreign tourists but also more investors.