Greece sees strong 2021 tourism recovery after robust Jan. to Aug., says Minister



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Greece sees strong 2021 tourism recovery after robust Jan. to Aug., says Minister

In an interview with Vima Newspaper published on Sunday, Greece’s Tourism Minister Vassilis Kikilias said that the tourism-oriented economy’s travel and entertainment industry had turned a corner over first eight months of the year through August and reached about a half of a pre-pandemic level which has been well in line with Government’s expectation, painting a pluperfect landscape for global tourism and entertainment industry as more people look to travel overseas following an acceleration in vaccination campaign alongside a lift of travel ban in a raft of countries across the globe.

In point of fact, latest set of upbeat economic data from Greek Tourism Minister came forth as the tourism dependent nation had witnessed its worst year on record in a pandemic-battered 2020, as just 7 million travelers had visited the country last year and brought in about €4 billion in revenues.

In factuality, tourism and entertainment accounted for a 20 per cent of entire Greek GDP (Gross Domestic product).

Greek tourism industry turns a corner

Apart from that, Greece had opened up its door to foreign travelers back in May this year with the Government expecting to reach a 40 per cent to 50 per cent revenues of 2019-level, when a record 33 million foreign visitors had brought in about €18 billion in revenues.

Meanwhile, adding that the Mediterranean tourism hotspot’s tourism revenues had more than doubled over first eight months of the year compared to the same time a year earlier, Kikilias said in an interview with Vima Newspaper, “From January up to August, arrivals were up by 79.2% and corresponding receipts (rose) by 135.7% compared to the same period in 2020, which corresponds to 50% of receipts for 2019 as a whole. We are on track to achieve receipts of more than 10 billion euros”.