Today: October 4, 2015, 9:33 am

C&M: Greece tourism industry
Travel and Tourism in Greece to 2017 - a new market research report on 2014-03-18 07:03:02
The performance of the Greek travel and tourism sector was adversely affected by the ongoing eurozone debt crisis. The country recorded declines in both international and domestic tourism during the review period (2008–2012). Domestic tourism declined at a compound annual growth rate (CAGR) of 9.73%, while international arrivals fell at a CAGR of 0.67%.

Cruise tourism, which was a EUR519.4 million industry in Greece in 2012, is a leading contributor to the country´s tourism sector. According to data by the Bank of Greece, cruise passenger revenues increased from EUR169 million in the first half of 2012 to EUR185 million in the first half of 2013, at a rate of 9.5%. According to the Cruise Line International Association Europe, Piraeus port in Athens was the third-largest home port in the Mediterranean region with 1.2 million passengers in 2012.

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