Greek Tourism Confederation

Tourism provides more jobs than ever before

Tourism employment reached a record high of 400,000 people last summer, according to data compiled by the Institute of the Greek Tourism Confederation (SETE Intelligence).

In the period from July to September 2017, tourism employed 19,000 more people than a year earlier - an annual increase or 5 percent from the 381,000 employed in the summer of 2016.

Tourism prospers in spite of overtaxation

Despite the excessive taxation, tourism last year directly accounted for the creation of 10.3 percent of the country's gross domestic product, while the sum of its direct and indirect contribution is estimated at between 22.6 and 27.3 percent of GDP, according to the head of the Greek Tourism Confederation (SETE), Yiannis Retsos.

Tourism ever more vital to country's economy

Tourism constitutes the antidote to recession and unemployment, according to a study by the Institute of the Greek Tourism Confederation (InSETE), as the sector's overall contribution to the country's gross domestic product has recently ranged between 22.6 and 37.3 percent, or 40.3-48.5 billion euros, while in the July-September period of last year tourism accounted for more than one in every s

Hotel rates climb on Cycladic isles

Top Greek tourism destinations Myconos and Santorini have some of the highest hotel rates in comparison with rival islands in the Mediterranean, as high demand and the limited amount of accommodation infrastructure automatically put pressure on prices, particularly in the three- to five-star categories, according to figures processed by the Trivago website on behalf of the Institute of the Gree

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