According to a report by the Central Bank of Greece, in 2014, foreign visitor arrivals increased by 23%, reaching a record level of 22 million.
Tourism revenues rose last year by 10.6%, to a record level of 13.44 billion EUR.
Recently, the head of the Association of Greek Tourism Enterprises (SETE), Andreas Andreadis, estimated that by 2021, private capital worth over 20 billion EUR could be invested in tourism; however, for this to happen, the Greek government must fulfill its promise to allocate 500 million EUR to the tourism sector over the next 6 years for the modernization and creation of new tourism infrastructure.
After 6 years of recession and harsh austerity measures, Greece returned to growth thanks to a record tourism season, with over 22 million foreign visitors in 2014.
Source: Economica
Frequently Asked Questions
How many tourists visited Greece in 2014?
Greece welcomed a record 22 million foreign visitors in 2014, representing a 23% increase compared to the previous year.
What was the total tourism revenue for Greece in 2014?
Tourism revenues reached a record high of 13.44 billion EUR, marking a 10.6% increase from the previous year.
What are the investment projections for the Greek tourism sector?
Private investments could exceed 20 billion EUR by 2021, provided the government allocates 500 million EUR for infrastructure modernization.