In the first quarter of 2014, Greece has experienced an impressive foreign tourism growth rate, regarding arrivals and trip revenues, compared to its regional competitors.
A suggested 11.8% annual air arrival increase has been revealed in Civil Aviation Authority statistics, with a total of 980,432 tourists. Domestic activity has also seen a 1.7% increase, with a total of 945,715 Hellenic travelers.
January to February travel earnings felt a 17.3% growth and reached 294.1 million euros, as reported by the Bank of Greece. During the same time frame, Cypriot international arrivals decreased by 7.8%, and the island's January revenues dropped 0.5%. Turkey's foreign arrivals rose 3.2% in the respected time frame, with a 11.1% revenue increase.
- Cyprus: EuroAsia Interconnector project is up and running
- Mitsotakis spars with Erdogan at Prague Summit
- ECB meets on Cyprus to mull interest rates and inflation
- Athens readies diplomatic reactions amid Ankara deal with Libya under scrutiny
- Turkey's new threats against Greece cause State Dept. reaction