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Greece tourism is set to recover next summer

Greece’s tourism sector is set to recover next summer said Yannis Retsos, head of the Hellenic Tourism Confederation (SETE), to Reuters.

The tourism sector in Greece, severely affected by the pandemic, is crucial for the country’s economy, given that it is responsible for about 20% of the GDP and one in five employees works in this field.

Greece’s tourism revenues stood at 4 billion euros this year, compared to 18 billion euros in 2019, due to global travel restrictions, said Yannis Retsos.

According to data recently released by the Central Bank of Greece, arrivals of foreign visitors fell by 76% in the first ten months of this year.

In 2019, Greece registered a record year with over 34 million visitors.

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