The Hellenic Parliament in Athens. Photo © Maria Theofanopoulou The European Bank for Reconstruction and Development (EBRD) is forecasting 7 percent growth for the Greek economy in 2021 and 3.9 percent in 2022, in its latest Regional Economic Prospects report released on Thursday. Overall, the EBRD lifted its growth estimate for the 37 countries in […]
Greece is the first place European travelers wish to visit for their next trip and the fifth among non-Europeans, according to a study conducted by the Royal Elcano Institute and Spanish tourism institute Turespaña. Greece is the first choice named by potential travelers followed by Italy in second place and Spain third. Turning to non-European […]
Athens, Greece Greece must focus on accelerating key infrastructure upgrades and particularly iconic projects that will bring added value to destinations if it wishes to make good on the reputation it built during the Covid-19 pandemic and remain highly competitive, a study released this week by INSETE, the Greek Tourism Confederation’s (SETE) research arm, found.
Channeling recovery funds and EU support into modifying the tourism model to meet the demands of the changing times with emphasis on sustainability and new products is key to the development of the Greek islands, said Deputy Tourism Minister Manos Konsolas during the general assembly of the Chambers Group for the Development of the Greek […]
Over the last decade, average per capita expenditure of incoming tourists to Greece decreased by 11.9 percent from 640.4 euros in 2010 to 564 euros in 2019 with average length of stay down by 20.6 percent from 9.3 overnight stays in 2010 to 7.4 overnight stays in 2019, according to a study released recently by […]
Travelers to Spain spent on average 54 euros more in 2018 and an additional 9 euros in 2019 based on study of Greece’s rival markets released this week by INSETE, the Greek Tourism Confederation’s (SETE) research body. According to the study, Spain recorded 1,102 euros in individual traveler spending last year with those visiting Greece […]
Despite opening up to travelers in July in the midst of the coronavirus (Covid-19) pandemic, Greece is still seeing the number of international visitors nose-dive, according to the country’s 10-month 2020 arrival figures. According to a SETE Intelligence (INSETE) study released on Monday, for the January-October 2020 period, the number of international arrivals to
SETE President Yiannis Retsos Deferring until 30 April 2021 insurance contribution payments and boosting liquidity are among the proposals made by the Greek Tourism Confederation (SETE) to provide much-needed relief to sector enterprises that have been impacted by the coronavirus (Covid-19) pandemic and the ongoing containment measures. In a letter to Finance Minister
SETE President Yiannis Retsos Greece’s main tourism body is calling for the immediate implementation of EU funding tools to support ailing sector enterprises impacted by the coronavirus (Covid-19) pandemic. More specifically, the Greek Tourism Confederation (SETE) is requesting that the government increase the limit of direct subsidies, guarantees or loans to 3 million
Spain, Canada and Austria were the three source markets to Greece that recorded the highest increases in the 2017-2019 period, according to the latest report released this week by SETE Intelligence (INSETE), the research department of the Greek Tourism Confederation (SETE). More specifically, according to INSETE findings, inbound travelers from Spain recorded a 72
















