Market Overview-Travel And Tourism In Greece To 2017-MarketResearchReports.Biz

New Market Research Report Added in MarketResearchReports.Biz Reports Database:Market Overview Travel And Tourism In Greece To 2017

The report provides detailed market analysis, information and insights, including:

• Historic and forecast tourist volumes covering the entire Greek travel and tourism sector
• Detailed analysis of tourist spending patterns in Greece
• The total, direct and indirect tourism output generated by each category within the Greek travel and tourism sector
• Employment and salary trends for various categories in the Greek travel and tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others
• Detailed market classification across each category, with analysis using similar metrics
• Detailed analysis of the airline, hotel, car rental and travel intermediaries industries

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http://www.marketresearchreports.biz/analysis-details/travel-and-tourism-in-greece-to-2017

Executive summary

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%.

Scope

This report provides an extensive analysis related to tourism demands and flows in Greece:

• It details historical values for the Greek tourism sector for 2008–2012, along with forecast figures for 2013–2017
• It provides comprehensive analysis of travel and tourism demand factors with values for both the 2008–2012 review period and the 2013–2017 forecast period
• The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in Greece
• It provides employment and salary trends for various categories of the travel and tourism sector
• It provides comprehensive analysis of the trends in the airline, hotel, car rental and travel intermediaries industries with values for both the 2008–2012 review period and the 2013–2017 forecast period

Reasons to buy

• Take strategic business decisions using historic and forecast market data related to the Greek travel and tourism sector.
• Understand the demand-side dynamics within the Greek travel and tourism sector, along with key market trends and growth opportunities.
• Identify the spending patterns of domestic, inbound and outbound tourists by individual categories.
• Analyze key employment and compensation data related to the travel and tourism sector in Greece.

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Key highlights

• According to Timetric estimates, Greece’s real GDP is expected to contract by 4.1% in 2013, before recording a marginal growth of 0.4% in 2014. With exports growth projected at 2.5% and 4.8% in 2013 and 2014 respectively, the exports-led recovery is expected to improve investor sentiment. However, the persistent drag of the fiscal deficit is likely to limit government consumption growth until 2016. Nevertheless, the Greek economy is projected to grow in the range of 2.3–3.8% between 2015 and 2017, in line with recovery in domestic demand and a positive global economic outlook.
• 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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