Tourism in Greece is in a difficult situation this year due to economic instability, the issue of illegal immigration, the resumption of violent demonstrations in Athens, and the difficult relations of the Hellenic state with the US, due to a new law that would allow the release of a convicted terrorist.
Merchants in central Athens are worried about the hundreds of immigrants camping in the city’s main squares, but also because of the violence during demonstrations.
Also, this year the number of American tourists was expected to reach a new record level, but the tensions that have arisen in the relations between the US and Greece also endanger this prospect.
The Association of Greek Tourism Enterprises announced in March a 26% decrease in bookings from Germany compared to the same period last year, and a decrease in Greece’s market share for tourists from the UK.
Another factor causing concern is the inability of local authorities to cover higher expenses during peak season periods, due to the transfer of cash reserves to the Bank of Greece.
Last year, the number of tourist arrivals in Greece increased by 23% compared to 2013, to 22 million, a number that does not include cruise visitors.
Source: Wall-Street
Frequently Asked Questions
Why is Greek tourism declining?
Tourism is facing challenges due to economic instability, illegal immigration issues, and violent protests in Athens.
How are international relations affecting tourism?
Tensions with the US over a controversial law and decreased bookings from Germany and the UK are impacting arrival numbers.
What financial issues are local authorities facing?
Local authorities struggle to cover peak season costs because cash reserves were transferred to the Bank of Greece.