Greek tourism progress in March: + 8.3% receipts + 2.5% arrivals

Α Decrease font Enlarge font
Greek tourism progress in March: + 8.3% receipts + 2.5% arrivalsThe balance of travel services in Greece showed a surplus of €62 million in March 2016, compared with a surplus of €64 million in March 2015

Based on provisional data by the Bank of Greece, the balance of travel services showed a surplus of €62 million in March 2016, compared with a surplus of €64 million in March 2015. More specifically, travel receipts rose by 8.2% to €221 million in March 2016, from €204 million in the same month of 2015. Travel payments also increased, by 13.7% (March 2016: €159 million, March 2015: €139 million). Higher travel receipts resulted from an increase of 2.5% in arrivals and a rise of 5.6% in average expenditure per trip. Net receipts from travel services offset 4.1% of the goods deficit and accounted for 18.1% of total net receipts from services. 

In January-March 2016, the balance of travel services showed a surplus of €90 million, up 13.7% from a surplus of €80 million in the same period of 2015. This development is attributed to a larger fall in travel payments (down €12 million or 2.6%) than in travel receipts (down €1 million or 0.1%). Slightly lower travel receipts were mainly due to a decrease of 6.2% in arrivals, as average expenditure per trip rose by 6.5%. Net receipts from travel services offset 2.2% of the goods deficit and accounted for 12.4% of total net receipts from services. 

Travel receipts 

In March 2016, as mentioned previously, travel receipts rose by 8.2% year-on-year. Looking at the breakdown by visitor’s country of origin, receipts from residents of the EU28 increased by 7.2% (March 2016: €110 million, March 2015: €103 million) and those from outside the EU28 by 9.5% (March 2016: €104 million, March 2015: €95 million). Higher receipts from within the EU28 resulted from a rise of €13 million or 29.7% in receipts from residents of non-euro area EU28 countries, as receipts from euro area residents fell by 9.6% (March 2016: €53 million, March 2015: €59 million). Among major countries of origin, receipts from Germany fell by 15.2% to €19 million, while those from France increased by 27.9% to €7 million. Receipts from the United Kingdom also increased, by 40.0% to €25 million. Turning to non-EU28 countries, receipts from Russia rose by 179.5% to €8 million and those from the United States increased by 18.8% to €24 million. 

In January-March 2016, travel receipts fell slightly by 0.1% year-on-year to €515 million. This development is attributed to lower receipts from within the EU28 (down 5.4% to €258 million), as receipts from outside the EU28 rose by 6.0% to €247 million. In particular, receipts from euro area residents fell by 6.9% to €144 million and receipts from residents of non-euro area EU28 countries dropped by 3.4% to €115 million. Specifically, receipts from Germany rose by 0.4% to €50 million and those from France by 1.1% to €14 million. Receipts from the United Kingdom also increased, by 5.5% to €49 million. Turning to non-EU28 countries, receipts from Russia increased by 44.0% to €12 million and those from the United States rose by 28.6% to €40 million. 

Inbound traveller flows

The number of inbound visitors in March 2016 rose by 2.5% year-on-year to 629 thousand. This development reflected a 1.9% increase in arrivals from within the EU28, as well as a 3.4% rise in arrivals from outside the EU28. In greater detail, arrivals from the euro area increased by 5.7% to 139 thousand, whereas arrivals from the non-euro area EU28 countries fell slightly by 0.3% (March 2016: 224 thousand, March 2015: 225 thousand). Specifically, arrivals from Germany rose by 14.5% to 48 thousand and those from France by 28.8% to 17 thousand. Arrivals from the United Kingdom also increased, by 37.3% to 48 thousand. Turning to non-EU28 countries, arrivals from Russia increased by 523.6% to 10 thousand and those from the United States rose by 34.6% to 33 thousand. 

In January-March 2016, the number of inbound visitors decreased by 6.2% to 1,621 thousand, from 1,728 thousand in the same period of 2015. In the period under review, arrivals from within the EU28 fell by 9.3% year-on-year to 926 thousand and arrivals from outside the EU28 dropped by 1.8% to 695 thousand. Arrivals from the euro area rose by 2.5%, whereas those from the non-euro area EU28 countries fell by 15.7%. Specifically, arrivals from Germany rose by 5.5% to 118 thousand and those from France by 11.8% to 40 thousand. Arrivals from the United Kingdom also increased, by 6.3% to 107 thousand. Finally, turning to non-EU28 countries, arrivals from Russia rose by 134.9% to 20 thousand and those from the United States increased by 28.9% to 62 thousand. 

Inbound traveller flows exclude cruise passengers (other than those recorded in the Border Survey).

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

 

 

Tornos
  1. 19/06 23:47

    Greek state ten-year bond auction concluded with yield at 3.56%

  2. 19/06 23:41

    Shipping Minister: Greece supports EU's efforts to modernise maritime safety rules

  3. 19/06 22:32

    Culture minister reviews NSRF projects on the Greek island of Lesvos

  4. 19/06 19:41

    US Ambassador to Athens applauds Greece’s comeback and investors interest

  5. 19/06 11:44

    Minister: Reforms must follow investments to boost regional competitiveness

  6. 18/06 18:15

    ARF 2024: US Ambassador to Athens on Greece's economic miracle

  7. 18/06 16:33

    Capital Region AHEPA organizes 5th Annual Golf Outing in New York

  8. 18/06 14:58

    Wellness, Longevity, Gastronomy at Navarino Challenge 2024 | The multi-sport event presented its activities for this year

  9. 18/06 14:24

    Greek Minister refers to multiple benefits from the restoration of the Athens Riviera

  10. 18/06 13:35

    Regional Governor of Attica: Greeks living abroad are the most important ambassadors

  11. 17/06 19:02

    Conference focuses on Sifnos and sustainable development on Greek islands

  12. 17/06 18:56

    Council of State discusses relocation of Mount Parnitha casino to Marousi again

  13. 17/06 18:56

    Ministers and Super League chief talk digital tickets for upcoming soccer matches

  14. 17/06 15:59

    Forecast: Very high risk of fire in two Greek regions including Attica

  15. 17/06 13:42

    Passenger traffic in Greek ports records an increase of 11.1% during Q4 2023

  16. 14/06 22:58

    Greek port of Preveza attracts visitors from Serbia

  17. 14/06 22:03

    Temperature drop expected in Greece on Saturday

  18. 14/06 17:58

    Athens and Thessaloniki added 250 new electric buses to their urban transport networks

  19. 13/06 22:43

    National Theater to perform Aristophanes at ancient Greek theaters over the summer

  20. 12/06 11:48

    Athens Acropolis site closed down from 12:00 to 17:00 due to high temperatures

  21. 12/06 00:01

    'Poor Things' costumes exhbition at Benaki Museum in downtown Athens

  22. 11/06 15:53

    Schools in Athens to stay closed on Wednesday and Thursday due to heatwave

  23. 11/06 00:10

    Greek Port Authority to acquire 11 boats for transfer of patients from remote islands

  24. 11/06 00:03

    Greece's Interior Ministry issues directions for remote work during heatwave

  25. 10/06 23:45

    Digital app for travellers to Greece 'mAIGreece' goes live on Monday

  26. 10/06 22:28

    Greek Interior Ministry issues directions for remote work during heatwave on Tuesday-Thursday

  27. 10/06 19:38

    Traffic restored on new Greek national highway leading to Corinth after truck explosion

  28. 10/06 14:42

    Very high temperatures in Greece during the following days

  29. 09/06 22:47

    High prices of consumer goods in Greek supermarkets are on a downward trend

  30. 09/06 11:18

    UK Tourism 2024: Greece named top destination in the world with best value for money

  31. 08/06 00:22

    Insolvency: FTI Touristik GmbH cancels all trips up to and including 05 July 2024

  32. 07/06 02:54

    ERTFLIX International takes part in the Los Angeles Greek Film Festival

  33. 07/06 02:42

    NBG: Greek tourism to break record in 2024 with 35 million arrivals and €22 billion in revenue

  34. 06/06 20:50

    Greece elected to UN Security Council for 2025-26 in a 'historic day'

  35. 06/06 13:57

    Hellenic National Archaeological Museum presents "The last Aphrodites" exhibition

  36. 05/06 22:00

    FTI provisional insolvency admin strives for fastest possible solutions for clients

  37. 05/06 00:13

    Turkey denies allowing Lord Elgin take Parthenon Marbles off Athens Acropolis

  38. 04/06 20:04

    Migration & Asylum Ministry greenlights extra funding for 5 Greek island municipalities

  39. 04/06 14:55

    Greek wine promotion event in London held under the auspices of GNTO

  40. 04/06 09:33

    Firms of the FTI GROUP file for insolvency

  41. 01/06 23:59

    Regalia of King Otto on display in the Greek parliament in Athens until 2073

  42. 30/05 22:04

    Eight groups submit expression of interest for Greek port of Lavrio

  43. 30/05 21:01

    Traffic restrictions in Athens on Sunday morning for Cancer Survivors Day event

  44. 30/05 20:19

    Conference and Summit of Global Archons conclides with dinner at Zappeion

  45. 30/05 18:15

    Posidonia 2024: Minister wants more ships and related firms registered in Greece

  46. 30/05 15:23

    Greek government spokesperson announces launch of new Entrepreneurship Fund

  47. 29/05 23:31

    National Opera adds fifth performance of 'Tosca' due to high demand in Athens

  48. 29/05 21:24

    Japan's Princess Kako tours Greece and visits National Foundation for the Deaf in Corfu

  49. 29/05 19:20

    Attica Region governor talks synergies with firms, agencies at Shanghai conference

  50. 29/05 18:16

    ATTICA GREEN EXPO 2024: Deputy Tourism Minister promotes sustainable tourism

  51. 29/05 15:11

    Greek Prime Minister meets Emir of Qatar and two bilateral agreements are signed

  52. 29/05 14:47

    Registrations Open for Navarino Challenge 2024

  53. 28/05 22:58

    Greek PM: We will continue to work hard to curb rising prices

  54. 28/05 22:54

    Greek FinMin utilizes Recovery Fund, NSRF to be in vanguard of green transition

  55. 28/05 19:46

    'The Enigma of Keros' clinches Audience Favorite prize at International Festival in Oregon

  56. 28/05 17:49

    Former US Secretary of State Pompeo addresses Archon Conference in Athens

  57. 28/05 17:41

    European report confirms 95.8% of bathing waters in Greece have 'excellent quality'

  58. 27/05 23:05

    Türkiye's Ambassador to Athens on boosting economic, commercial, and cultural relations

  59. 27/05 21:11

    4th International Conference on Religious Freedom of Archons commences in Athens

  60. 27/05 20:19

    Delegation from the Saudi Arabia visits ONEX shipyards in Elefsis near Athens

  61. 27/05 18:15

    Princess Kako takes part in 125th anniversary of Greek-Japanese diplomatic relations

  62. 27/05 14:07

    National Opera offers free tickets to the dress rehearsal of 'Tosca' for the jobless

  63. 23/05 23:30

    New Evinos bridge in Central Greece inaugurated by Transport Minister

  64. 23/05 21:34

    Greece hosting meeting of International Organization of Securities Commissions May 26-29

  65. 23/05 20:37

    Greek Deputy Foreign Minister highlights efforts to counter brain drain

  66. 23/05 20:24

    Greek government to improve ties with Diaspora and consular services by AI

  67. 23/05 13:15

    Climate Perception: Greece most resilient to global warming among Med destinations

  68. 22/05 23:17

    Commander of French land forces visits Greece to promote military ties

  69. 22/05 20:06

    Greek presence at 77th Cannes Film Festival includes Lanthimos film

  70. 22/05 18:55

    Greece's Kalamata Dance Festival opens July 12 featuring 19 productions

  71. 22/05 18:11

    Over 630 schools participate in 'Greek PISA' assessment tests on Wednesday

  72. 22/05 16:52

    Summer of 2024 to be among hottest in recent years

  73. 22/05 12:32

    Porto Carras Pro-Am Aegean Mini Tour with participants from 12 countries

  74. 21/05 18:30

    The President of the Hellenic Republic to visit Florence in Italy on May 23

  75. 21/05 17:24

    'Greece through the Art of the Tourist Poster' exhibition in Chengdu of China

  76. 21/05 17:21

    American Hellenic Institute honors Anniversary of the Pontic Greek Genocide

  77. 21/05 15:17

    Arrivals and nights in Greek tourist accommodation rise 3.5% and 4.9% in March

  78. 21/05 14:12

    Greek Tourism Minister receives ambassadors of Iraq and Slovakia

  79. 20/05 01:51

    First Ramada by Wyndham Hotel in Fethiye opens in Ölüdeniz of Turkey

  80. 17/05 01:25

    Mayors of Athens and Rome discuss city challenges and cooperation

  81. 16/05 23:20

    Tsakopoulos Collection & Hellenic Studies Program marked their 20th anniversary

  82. 16/05 21:17

    Greek Culture Minister hosts Turkish counterpart for ‘Romeo and Juliet’ premiere

  83. 16/05 20:12

    Greek Finance Minister advocates green transition and Recovery Fund II

  84. 16/05 15:27

    Higher global temperatures causing Caretta turtles to lay eggs sooner in Greece

  85. 15/05 20:32

    BoG urges progress on harmonizing national systems of bank deposit guarantees

  86. 15/05 19:22

    Islands Decarbonization Fund signing in Greek island of Naxos on May 27

  87. 15/05 14:15

    EU Commission forecasts Greece's growth rate at 2.2% in 2024 and 2.3% in 2025

  88. 14/05 22:27

    Syracuse show on Mycenaean influence on Sicily includes golden cup of Dendra

  89. 14/05 20:34

    Greek Health Minister attends World Health Congress in Abu Dhabi

  90. 14/05 19:23

    Greece and Santorini clinch top honors at American Leisure Lifestyle Awards 2024

  91. 14/05 18:31

    20th Thessaloniki International Book Fair opens from May 16-19 at Helexpo

  92. 13/05 20:16

    Greek Prime Minister meets with Turkish President in Ankara (video)

  93. 13/05 20:11

    Greek Council of State to mull relocation of Mt Parnas casino to Maroussi again

  94. 13/05 15:48

    Athens Acropolis Museum offering free admission on May 18

  95. 13/05 09:53

    Discover Kerasia Petrified Forest in northern Evia near the Greek Capital

  96. 11/05 01:30

    Greek Foreign Minister congratulated new Serbian counterpart on assumption of duties

  97. 10/05 22:45

    The 52nd Oakland Greek Festival to take place this year on May 17-19

  98. 10/05 22:33

    Thessaloniki Port pier extension expected to be given the green light in the fall

  99. 10/05 19:42

    Hellenic President visits Greek community's premises and Cavafy's tomb in Alexandria

  100. 10/05 19:27

    Greek and Swiss ministers meet in Athens on investments and cooperation