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Greece tourism inches closer to full recovery in 2022

Data on Greek tourism arrivals for October show that the sector has largely climbed back to pre-pandemic levels, boosting hopes for another good year in 2023 despite economic challenges faced by Europe.

The figures from the Athens International Airport confirm the strong growth trend seen across-the-board in Greece’s hospitality sector this summer.

Athens airport passengers rise

Total passengers traveling through the airport for the month of October reached 2.29 million people, 0.5 percent below 2019 levels for the same period.

For the first ten months of the year, total passengers reached 19.5 million people, 12 percent below figures for the same period in 2019.

Tourism fuels demand for homes

Growth in Greece’s tourism business has fuelled price hikes in local real estate, boosting demand for holiday homes and apartments offered on short term rental platforms, such as Airbnb and

Commercial assets have also benefited with strong tourism numbers driving demand for hotel investments and other segments, such as retail space and logistics. - Real Estate and Banking Communications Specialists

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