Greek tourism’s resilience has beaten expectations, as the January-April data from the Bank of Greece confirmed on Monday.
Despite the heavy shadow cast by the war in the Persian Gulf on the international economy and travel, as well as the airfare hikes, Greece is viewed de facto as a safe and attractive destination. Not only is the country absorbing geopolitical shocks, but it is showing a big increase in both tourism flows and revenue, laying a solid foundation for a lucrative year.
According to BoG data, travel receipts in the first four months of the year amounted to €2.79 billion, marking an impressive jump of 36.94% compared to the same period last year, when they had reached €2.03 billion.
This was fueled by a significant increase of 27.13% in inbound travel traffic, with total arrivals reaching 5.24 million travelers compared to 4.12 million last year.
At the same time, the average spending per trip increased by 8.61%, reaching €516.54 for the same period, which proves that foreign visitors spend more during their stay in this country, since the rate of increase far exceeds that of inflation.
