Destinations news Greek Tourism Market Size to Double by 2032, Says Report by GTP editing team 22 December 2022 written by GTP editing team 22 December 2022 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 31 The Greek tourism market is expected to double its current worth and reach a size of US$ 548.0 Million by 2032, according to a recent report by Future Market Insights (FMI). More specifically, FMI, one of the leading providers of custom and syndicated market research reports, estimates that the Greek tourism market will showcase a Compound Annual Growth Rate (CAGR) of 7.5 percent over the forecast period of 2022 and 2032. The company says that Greece’s strongest points are its cultural heritage sites and natural beauty as well as its cuisine, which has lately attracted a large number of culinary enthusiasts to the country’s regional culinary destinations. Furthermore, as the report’s data indicate, other tourism activities such as destination tourism, religious tourism, medical tourism, ecotourism, etc., have attracted a large pool of tourists, making Greece one of the most popular tourism destinations in the world since 2017. According to the research, the 36 – 45 age group is likely to hold a share of 29.5 percent in Greece’s total number of future tourist visits, followed by the 46 – 55 age group. Concurrently, taking into consideration that online booking is being used by more people across the world, an increase in the number of independent travelers contributing a share of almost 30.8 percent in travels to Greece, is also expected. Finally, the report points out that factors that can adversely affect Greek tourism in the long run, include the regional lack of infrastructure in terms of telecommunication, health, and power supply; a shortage of luxury lodging and sports facilities and a lack of focus toward green policies. Join the 15,000+ travel executives who read our newsletter Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Greece to Release Transport Subsidy for Eligible Islanders, Businesses next post Greek Hotels Dominate GRI Guest Satisfaction Index in November You may also like Test post 6 June 2025 Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ