This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.guardian.co.uk/world/2012/jul/29/eurozone-crisis-greece-tourist-trade
The article has changed 7 times. There is an RSS feed of changes available.
Version 1 | Version 2 |
---|---|
Eurozone crisis knocks Greek tourist trade | Eurozone crisis knocks Greek tourist trade |
(30 days later) | |
International tourists are shunning Greece, and hampering the country's economic recovery, as figures reveal that holidaymakers are deterred by the country's role in the eurozone debt crisis. | International tourists are shunning Greece, and hampering the country's economic recovery, as figures reveal that holidaymakers are deterred by the country's role in the eurozone debt crisis. |
The fall in the number of foreign visitors is a blow to a country that largely relies on tourism. Nearly 11% fewer tourists came to Greece between January and May than a year earlier, according to latest figures from the Bank of Greece. Holidaymakers who travelled to Greece spent €1.48bn (£1.2bn), 12.5% less than in the same period last year. | The fall in the number of foreign visitors is a blow to a country that largely relies on tourism. Nearly 11% fewer tourists came to Greece between January and May than a year earlier, according to latest figures from the Bank of Greece. Holidaymakers who travelled to Greece spent €1.48bn (£1.2bn), 12.5% less than in the same period last year. |
The figures do not bode well for Greece's attempts to keep to its deficit reduction plan. Tourism makes up 16.5% of the economy, the largest single contributor, and one in five Greeks work in the industry. Last week officials from the IMF, the European Union and the European Central Bank – the so-called troika – warned that Greece had strayed from its cost-cutting plan, amid estimates that the economy is contracting by 7% this year rather than the 5% previously forecast. | The figures do not bode well for Greece's attempts to keep to its deficit reduction plan. Tourism makes up 16.5% of the economy, the largest single contributor, and one in five Greeks work in the industry. Last week officials from the IMF, the European Union and the European Central Bank – the so-called troika – warned that Greece had strayed from its cost-cutting plan, amid estimates that the economy is contracting by 7% this year rather than the 5% previously forecast. |
Uncertainty over whether Greece will stay in the euro, and two national elections in May and June that attracted global media coverage, put people off spring breaks in the Mediterranean country, although last-minute bookings appear to have picked up. | Uncertainty over whether Greece will stay in the euro, and two national elections in May and June that attracted global media coverage, put people off spring breaks in the Mediterranean country, although last-minute bookings appear to have picked up. |
The number of holidaymakers arriving on charter flights in Rhodes dropped by 53,000 between January and June, according to Rhodes airport. British tourists were the biggest group of visitors to the island, up 5.7% to nearly 108,000, while the number of Germans, the second-biggest group, fell 24% to 65,700. This was partly offset by a 28% rise in Russian tourists. | The number of holidaymakers arriving on charter flights in Rhodes dropped by 53,000 between January and June, according to Rhodes airport. British tourists were the biggest group of visitors to the island, up 5.7% to nearly 108,000, while the number of Germans, the second-biggest group, fell 24% to 65,700. This was partly offset by a 28% rise in Russian tourists. |
Overall, 2.2 million Germans holidayed in Greece last year, but that number is expected to have dropped this year, according to the Association of Greek Tourism Enterprises (SETE). Britons were the second-biggest group to visit Greece in 2011, with 1.7 million visitors down from 1.8 million in 2010. | Overall, 2.2 million Germans holidayed in Greece last year, but that number is expected to have dropped this year, according to the Association of Greek Tourism Enterprises (SETE). Britons were the second-biggest group to visit Greece in 2011, with 1.7 million visitors down from 1.8 million in 2010. |
The situation is so dire that the Greek government, elected in June, has appointed a tourism minister for the first time since 2009. Olga Kefalogianni lost no time in sending out a positive message to foreign visitors, in an attempt to boost holiday bookings for the key summer season, when she said last week that Greece was "back in business". | The situation is so dire that the Greek government, elected in June, has appointed a tourism minister for the first time since 2009. Olga Kefalogianni lost no time in sending out a positive message to foreign visitors, in an attempt to boost holiday bookings for the key summer season, when she said last week that Greece was "back in business". |
"Holidaymakers were a bit reluctant to come to Greece and we saw that in the bookings in the months of the election campaigns and during the elections," she told the BBC. "But our message is that is back to business for Greece. There is great value for money, holiday prices are competitive and we still offer very good quality. We now have political stability and we want to encourage people to choose Greece." | "Holidaymakers were a bit reluctant to come to Greece and we saw that in the bookings in the months of the election campaigns and during the elections," she told the BBC. "But our message is that is back to business for Greece. There is great value for money, holiday prices are competitive and we still offer very good quality. We now have political stability and we want to encourage people to choose Greece." |
Greek newspapers have been reporting a bounce in last-minute bookings in recent days, with AirFastTickets – an online travel agency – reporting a 17% increase, especially from traditional markets such as Germany and Britain. And SETE estimates that the number of tourists arriving at the main Greek airports fell only 4.6% between January and June from a year earlier. Domestic tourism has plummeted however – Greeks are too cash strapped to go back to their villages. | Greek newspapers have been reporting a bounce in last-minute bookings in recent days, with AirFastTickets – an online travel agency – reporting a 17% increase, especially from traditional markets such as Germany and Britain. And SETE estimates that the number of tourists arriving at the main Greek airports fell only 4.6% between January and June from a year earlier. Domestic tourism has plummeted however – Greeks are too cash strapped to go back to their villages. |
Kefalogianni said talks were under way with tour operators on targeted campaigns to bolster tourism. The government also wants to cut VAT on food and drink back to 13% after it was raised to 23% last year, and is considering reducing VAT on hotels and restaurants to attract more holidaymakers from abroad. Next year, Greece hopes to tap into the growing popularity of sustainable tourism by promoting innovative eco-friendly hotels and unspoilt areas. Another focus is niche markets such as yachting and golfing holidays, conferences and cruising – with more cruise ships encouraged to drop anchor in Greece. | Kefalogianni said talks were under way with tour operators on targeted campaigns to bolster tourism. The government also wants to cut VAT on food and drink back to 13% after it was raised to 23% last year, and is considering reducing VAT on hotels and restaurants to attract more holidaymakers from abroad. Next year, Greece hopes to tap into the growing popularity of sustainable tourism by promoting innovative eco-friendly hotels and unspoilt areas. Another focus is niche markets such as yachting and golfing holidays, conferences and cruising – with more cruise ships encouraged to drop anchor in Greece. |
Our editors' picks for the day's top news and commentary delivered to your inbox each morning. | |
Our editors' picks for the day's top news and commentary delivered to your inbox each morning. Enter your email address to subscribe. |