Travel receipts are soaring | eKathimerini.com

Indications are rising that this 12 months Greek tourism will come near matching the journey receipts of the file 12 months 2019. Nonetheless, there are also the primary worrying indicators, primarily from flight cancellations brought on by the failure of airways and airports to handle the quickly recovering air visitors within the post-Covid period.

These issues, in the meanwhile, haven’t overshadowed the information: In keeping with the Financial institution of Greece, journey receipts within the first 4 months of 2022 got here to 86.6% of these within the corresponding interval of 2019. In the identical interval, the typical value per journey elevated by 20.3%. It is a significantly encouraging improvement for each the income and high quality of inbound tourism.

Partly, this image is rising from the shifts within the mixture of markets the place Greece is most engaging: BoG information render clear the restoration of visits from the US and the massive enhance in receipts from nations akin to France, the place there was a rise of fifty% in comparison with 2019. Receipts within the 4 months of this 12 months are additionally 18% greater in comparison with the corresponding interval of 2019 from guests from Germany too. Nations with decrease common journey bills, akin to these from Japanese Europe, have much less and even negligible participation within the Greek market, following the outbreak of warfare in Ukraine.

Passenger visitors got here to solely 73% of that within the first 4 months of 2019. Particularly for April, nevertheless, revenues exceeded these of 2019, clearly assisted by the timing of Western Easter. Journey receipts from overseas in April this 12 months amounted to 647 million euros, in comparison with €543.5 million in April 2019. That’s €103.5 million or nearly 20% extra.

The momentum of this 12 months’s restoration to date is extra spectacular in comparison with final 12 months: In January-April 2022, journey receipts elevated by 576.7% in comparison with the corresponding interval of 2021 and amounted to €1.116 billion.

Incoming vacationer visitors within the January-April 2022 interval elevated by 462.7% and amounted to 2.128 million vacationers in comparison with 378,300 vacationers within the corresponding interval of 2021.