Greece Tourism Report Q4 2017

BMI View:

Greece's well-developed tourism sector is poised for further growth. This is driven by thecountry's reputation as a summer holiday destination, the ease and affordability of regional travel and theperception of Greece as a safe travel destination compared to competitors such as Egypt and Turkey. Themarket does face some downside risk stemming from the current economic crisis in Greece and its potentialconsequences for the country's membership of the EU which could have significant negative effects for theease of travel in and out of the country.

Latest Updates And Forecasts

The Greek National Tourism Office (GNTO) has a highly optimistic outlook for the tourism sector and in2017 expects the country to welcome over 30mn visitors. Our forecasts put total arrivals slightly lower at27.9mn in 2017, though we do note growth over the first half of the year has proven robust, which couldlead to an upwards revision of our forecasts.

BMI Industry View
Table: Key Forecasts (Greece 2014-2021)
Industry Forecast
Table: Inbound Tourism (Greece 2014-2021)
Table: Tourism Receipts (Greece 2014-2021)
Table: Hotel Accommodation (Greece 2014-2021)
Table: Tourist Departures and Consumption (Greece 2014-2021)
Industry Risk/Reward Index
Western Europe Tourism Risk/Reward Index
Table: Western Europe Tourism Risk/Reward Index, Q4 2017
Industry Risk/Reward Index
Market Overview
Competitive Landscape
Domestic Hotel Groups
Table: Domestic Hotel Groups
International Hotel Groups
Table: International Hotel Groups
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Weighting Of Indicators

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