Tourism: Greater wallets are coming – Rhodes Republic – 2024-05-28 20:21:17

by times news cr

2024-05-28 20:21:17

This 12 months’s vacationer season already confirmed from the primary months of the 12 months that it could be very sturdy. It was one thing that the big international tour operators noticed based mostly on the speed of pre-bookings and that was additionally seen by the airways, which elevated their capability for Greek locations.

The most recent figures from the Financial institution of Greece for the primary quarter have come to substantiate what tourism entrepreneurs have been seeing, with the expansion of each international arrivals and receipts recording spectacular will increase in comparison with the earlier 12 months.

On the identical time, in keeping with data from Capital, Could data a big enhance in visitors and excessive occupancy charges in lodging (it’s famous that the overwhelming majority of seasonal resorts on the islands began working from Easter), whereas the bookings for June primarily, but additionally in July, it’s at excessive ranges. Rhodes specifically registers a excessive demand, having absolutely recovered after final 12 months’s fires, in addition to Crete, which is historically a favourite vacation spot for the primary markets of Greek tourism, Kos, Zakynthos and Corfu. Alternatively, Mykonos continues to be making losses.

Spectacular rise in vacationers
Because the figures of the BoE present, within the first quarter journey receipts confirmed a rise of 28% in comparison with the corresponding interval of 2023, reaching nearly one billion (942 million euros). This improvement is as a result of enhance in receipts from residents of the EU-27 international locations by 48%, which amounted to 470 million euros, in addition to the rise in receipts from residents of different international locations by 13% to 451.4 million euros.

Income from Germany elevated by 43.8% to €96.4 million, whereas receipts from the UK rose by 4.8% to €57 million. Large is the rise in income from the crucial US market. Receipts from the US elevated by 32.4% in comparison with the identical interval in 2023 and stood at €100.8 million. Receipts from Italy elevated by 89.9%, reaching 57.6 million euros. The exception is the French market, as revenues decreased by 3.7% and amounted to 50.2 million euros.

In March alone, revenues elevated by 34%, reaching 372.3 million euros, in comparison with 277.5 million euros within the corresponding month of 2023. In keeping with the BoE, the rise in journey receipts is as a result of rise in inbound journey visitors by 31.2%, in addition to rising the typical spend per journey by 3.2%.

Concerning arrivals from overseas, the expansion charges in comparison with final 12 months are equally spectacular. Within the interval January-March 2024, inbound journey visitors elevated by 24.5% and amounted to 2,332.5 million vacationers, in comparison with 1,874.2 million vacationers within the corresponding interval of 2023. Particularly, journey visitors by airports elevated by 24 .6%, whereas this by highway border stations by 25.7%. In March, the inbound journey visitors was 874 thousand vacationers, elevated by 31%.

Primarily based on the above percentages, tourism operators estimate that we’re heading in the direction of a brand new massive income document, which may attain as much as 23 billion euros this 12 months. It’s recalled that journey receipts in 2023 amounted to twenty.6 billion euros, exhibiting a rise of 16.5% in comparison with 2022. Inbound journey visitors elevated by 20.8% in comparison with 2022, whereas in a single day stays confirmed a rise of seven.3%.

Demand for Airbnb is taking off
On the identical time, the rise in demand for short-term rental lodging is indicative. In keeping with knowledge from the analytics firm AirDNA (with knowledge from the short-term rental platforms Airbnb and VRBO), nationwide, the rise, in keeping with the reservations made, reaches 28% in Could, 20% in June, 15% in July, 22% in August and 23% in September in comparison with final 12 months. In Athens, the rise in demand in comparison with 2023 quantities to 37% for Could and June, 9% for July and August and 22% for September.

The opposite image
Quite the opposite, this 12 months’s vacationer season began with low occupancy charges for the sector’s vacationer lodging, in keeping with SETKE (Confederation of Vacationer Lodging Entrepreneurs of Greece). Because it states, the image that exists up to now is that the sector’s lodging occupancies will transfer to decrease ranges in comparison with the 2 earlier years 2023 and 2022. The massive will increase recorded in arrivals and turnovers don’t mirror the precise scenario skilled by small vacationer lodging and of their precise earnings.

He explains that the elevated fastened and working prices, as a consequence of inflation, the overdevelopment of short-term leases and the rise of beds in developed vacationer areas ensuing within the discount of costs of enormous lodge models, creating unfair competitors on the expense of small models, are a number of the causes for this discrepancy, with the end result that the businessmen of the sector seem strongly involved concerning the improvement of the vacationer season.

Supply capital.gr

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