Greece’s tourism industry is one step closer to full recovery this year with an increasing number of international arrivals. Greece targets 20 billion euros in tourism revenue this year of 2022, surpassing pre-Covid revenues.
Greek Tourism Minister Vassilis Kikilias confirmed the news this week and said that he expects visitor numbers and revenue to break pre-pandemic levels in 2019. Kikilias said Greece expects more than 1 million international visitors every week for an “unprecedented August”.
“We’re aiming for record sales… we’ll get through 2019,” he said.
Based on tourist traffic to date, bookings and occupancy levels, Greek authorities forecast a 10% increase from 2019 when revenue reached €18.17 billion.
Showcasing unprecedented demand for Greece this year, tourism-related revenue grew 342% in the first quarter of 2022, compared with the corresponding period in 2019, with travel in water increased by 295%.
The first week of August, the month when the Greeks traditionally went on vacation, Mykonos, Santorini, Naxos, Andros, Paros, Milos, Corfu, Crete, Rhodes, Kos, Halkidiki and parts of Evia reported fill levels from 95 to 100% full of capacity.
Most of the visitors to Greece this year are from the UK, USA, France, Germany, Scandinavia, the Netherlands, Israel, Belgium, Romania, Serbia, Bulgaria, Croatia and Poland.
The tourism ministry and industry experts expect the influx of tourists to continue into September and October with strong demand for Santorini, Rhodes, the Saronic islands, Corfu, Athens and the Athenian Riviera. The department is also counting on most high-end travelers from Northern Europe visiting in the coming months choosing to vacation in warmer Greece this winter.
VNIS INVESTMENT
Source: GTP Headlines
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