Greek Tourism Faces Uncertainty Amidst Santorini Earthquakes
The Greek tourism sector anticipates growth in 2025, despite Santorini's earthquake-related 80% Easter cancellations. Athens and Thessaloniki show positive winter tourism trends, while international airlines maintain Greek routes. The government is monitoring the situation.
Greek Tourism Faces Uncertainty Amidst Santorini Earthquakes
The Greek tourism sector anticipates growth in 2025, despite Santorini's earthquake-related 80% Easter cancellations. Athens and Thessaloniki show positive winter tourism trends, while international airlines maintain Greek routes. The government is monitoring the situation.
Progress
44% Bias Score
Greece Approves €1 Billion in Tourism Investments
Greece's Interministerial Committee for Strategic Investments will approve three large-scale tourism projects totaling €1 billion on Monday, including luxury resorts in Petalioi, Astakos, and near Hydra.
Greece Approves €1 Billion in Tourism Investments
Greece's Interministerial Committee for Strategic Investments will approve three large-scale tourism projects totaling €1 billion on Monday, including luxury resorts in Petalioi, Astakos, and near Hydra.
Progress
40% Bias Score
Overtaxation of Greece's Hotel Sector Threatens Competitiveness
A study by the Institute of Tourism Research and Forecasting (ITEP) found that taxes on Greece's hotel sector are disproportionately high compared to other industries, reaching 19.1% of production costs in 2019, up from 15.6% in 2010, negatively impacting its competitiveness.
Overtaxation of Greece's Hotel Sector Threatens Competitiveness
A study by the Institute of Tourism Research and Forecasting (ITEP) found that taxes on Greece's hotel sector are disproportionately high compared to other industries, reaching 19.1% of production costs in 2019, up from 15.6% in 2010, negatively impacting its competitiveness.
Progress
28% Bias Score
Santorini Volcanic Uncertainty Impacts Easter Bookings, but Greek Tourism Remains Largely Unaffected
The ongoing uncertainty surrounding Santorini's volcanic activity has caused an 80% cancellation rate for Easter bookings, yet Athens International Airport reports no impact on international flight schedules; Greek authorities are monitoring the situation and are prepared to offer support if needed.
Santorini Volcanic Uncertainty Impacts Easter Bookings, but Greek Tourism Remains Largely Unaffected
The ongoing uncertainty surrounding Santorini's volcanic activity has caused an 80% cancellation rate for Easter bookings, yet Athens International Airport reports no impact on international flight schedules; Greek authorities are monitoring the situation and are prepared to offer support if needed.
Progress
40% Bias Score
Strong Early 2025 Flight Bookings Signal Record Year for Greek Tourism
Early 2025 flight bookings to Greece show significant increases (16.6% in January, 18.1% in February, 15.5% in March), indicating a potentially stronger tourism year than 2024, driven by increased demand and positive projections from major tour operators like TUI AG; however, geopolitical factors re...
Strong Early 2025 Flight Bookings Signal Record Year for Greek Tourism
Early 2025 flight bookings to Greece show significant increases (16.6% in January, 18.1% in February, 15.5% in March), indicating a potentially stronger tourism year than 2024, driven by increased demand and positive projections from major tour operators like TUI AG; however, geopolitical factors re...
Progress
44% Bias Score
Greek Tourist Spending Surges 14% According to Visa, Exceeding Official Figures
Visa's analysis shows a 14% increase in tourist spending in Greece from October 2023 to September 2024, exceeding the Bank of Greece's figures and revealing increased digital payments, particularly in Athens, and an extended tourist season.
Greek Tourist Spending Surges 14% According to Visa, Exceeding Official Figures
Visa's analysis shows a 14% increase in tourist spending in Greece from October 2023 to September 2024, exceeding the Bank of Greece's figures and revealing increased digital payments, particularly in Athens, and an extended tourist season.
Progress
32% Bias Score