Greece’s Tourism Revenue Falls by 20% in 2009
BalkanTravellers.com
Approximately the same decrease – by 20.6 per cent, has been observed in the money spent by Greeks on travel abroad.
The two main reasons for Greece’s tourism downturn are the world financial crisis and the expensive euro, the RIA Novisti news agency wrote.
Greek hotels are widely offering discounted prices, some of them reaching up to 30 per cent of last year’s tourist package value, the publication added.
According to the Kathimerini newspaper, the downturn of the flow of tourists towards Spain between January and March of this year, at 20.8 per cent, is similar to that experienced by Greece.
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