Over 20.9 million tourists have visited Greece so far

Over 20.9 million tourists have visited Greece so far

Tourism continues to grow in Greece in 2018, according to official Bank of Greece data that showed an 11.6% increase in incoming tourism traffic between January and August, with a total of 20.9 million travellers.

This led to an 11.1% increased tourism revenue translated into 11.8 billion euros.

More visitors from Europe

This development is due to a 14.4% increase in EU-28 residents’ revenue, which stood at 8.175 billion euros, as the receipts from non-EU-28 residents declined by 36.7% and amounted to 1.997 billion euros.

More specifically, earnings from residents of the euro area countries increased by 14.5% to 5.215 billion euros, while EU-28 non-euro area residents recovered by 16.1%, and amounted to 3,008 billion euros.

In particular, profits from Germany increased by 19.2% to 2,019 billion euros, while those from France declined by 8,3% to 732 million euros. United Kingdom tourism earnings also fell by 4.3% to 1.450 billion euros. Out of the non-EU-28 countries, a decrease of 23% was recorded in profits from Russian travellers, which stood at 261 million euros, while those from the U.S. grew by 27.5% and stood at 676 million euros.

The eight-month period picture

At the same time, in the January-August eight-month period, EU-28 travel traffic was 14,999 thousand passengers, up 17.1% compared to the same period in 2017, while tourists from non-EU countries showed a slight increase of 0.1% reaching 6,090 thousand visitors…. / IBNA

Main Photo: Greek Tourism minister, Elena Kountoura addressing the audience of the annual international ‘Mediterranean Resort & Hotel Real Estate Forum MR&H’, that was held in Athens, October 2018