Industry Reports & Trends

Strong tourism performance helped Greece’s economy rebound in the third quarter of the year despite the ongoing Covid-19 pandemic, says ELSTAT.

Greece is in the top 10 European destinations of choice for travelers coming from key source markets, an INSETE study found.

Dozens of projects are up for EU funding approval establishing Greece as key investor destination, according to Greek Deputy Development & Investments Minister Yannis Tsakiris.

The culture sector could become Greece’s competitive advantage and support economic recovery in the post-Covid-19 era, according to a report by the Delphi Economic Forum.

The Organization for Economic Cooperation and Development (OECD) is forecasting the Greek economy will grow at a rate of 6.7 percent this year and 4.8 percent in 2022.

Tax free shopping in Greece did well this year achieving 77 percent in turnover in June-September 2021 compared to the corresponding period in 2019.

If properly developed, senior tourism could contribute 13.6 billion euros to Greece’s economy and generate 173,000 jobs in five years, a study by diaNEOsis says.

Demand for hotel bookings in Greece is expected to hit a 20-year high in 2022, according to data presented by Eurobank.

Research and policy institute diaNEOsis has proposed a strategy for the utilization of Greece’s marinas and tourist ports.

International tourist arrivals in 2021 are set to remain 70-75% below 2019 levels, marking a similar decline as in 2020, according to the UNWTO World Tourism Barometer.