Yiannis Retsos
Economy
Greece Expects Record 32M Tourists in 2018, Says Tsipras
Greece's tourism industry is expected to draw 32 million visitors in 2018, in what will be a record year for the sector, Prime Minister Alexis Tsipras has said.
Speaking at a general meeting of the Greek Tourism Confederation (SETE), Tsipras said...
Economy
BoG Reports: Greece Sees Considerable Loss in Tourism Revenue for 2016
According to data released by the Bank of Greece (BoG) on Monday, the country has seen a considerable loss in revenues from the tourism sector compared to year-on-year statistics.
The data revealed that the difference between the tourism revenues collected...
Economy
Greece's GDP Improves Despite Loss of €1 Bln in Tourism Revenue This Year
Greece suffered a one billion euro tourism revenue shortfall this year due to continuous economic and political instability, and the refugee crisis, Hellenic Federation of Hoteliers Head Yiannis Retsos revealed.
According to recent data the Association Of Greek Tourism Enterprises (SETE) released,...
Economy
IMF Denies Withholding U.S. Tour Operator Payments To Greek Hotels
The International Monetary Fund (IMF) denied reports on Wednesday that it has ordered U.S. tour operators to withhold payments to Greek hotels after the Greek government's default on its €1.54-billion installment. According to the IMF, the fact that Athens was not consistent with its...
Greece
€120m in Tips From Tourists This Year in Greece
Tourists who chose Greece for their holidays this year will leave around €120 million in tips during their stay, according to Greek newspaper "Kathimerini."
The amount is determined by taking into account that 50% of international visitors will leave at least 10...