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GreeceBusinessTravel receipts up 67.7% from 2021, down 2.8% from 2019

Travel receipts up 67.7% from 2021, down 2.8% from 2019

Hellenic News of America
Hellenic News of Americahttps://www.hellenicnews.com
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The balance of travel services in 2022 posted a surplus of 15,751.5 million euros, up 67.7% from a surplus of 9,390.2 million in 2021. This development was due to a stronger increase in travel receipts (up by 7,173.5 million euros or 68.3%) than in travel payments (up by 812.1 million euros or 73.0%).

Higher travel receipts in 2022 compared with 2021 were driven by a 96.0% increase in the number of non‑resident inbound travellers, as well as by a rise in average expenditure per overnight stay by 1.8 euros or 2.2% (2022: 80.3 euros, 2021: 78.5 euros).

In greater detail, average expenditure per trip decreased by 14.1% (2022: 591.7 euros, 2021: 688.9) as the average length of stay dropped by 16.0% to stand at 7.4 overnight stays (2021: 8.8 nights). Total overnight stays in 2022 increased by 64.7% to 220,213.1 thousand (2021: 133,734.9 thousand nights).

Travel receipts in 2022 totalled 17,676.2 million euros, up by 68.3% compared with 2021. This development was driven by a 47.2% increase in receipts from residents of the EU27, which came to 10,005.6 million euros and accounted for 56.6% of total travel receipts, and by a 105.4% rise in receipts from non-EU27 residents to 7,251.9 million.

Compared with 2019, in 2022 travel receipts fell by 2.8% and travel payments by 29.9%, while the travel surplus increased by 316.6 million.

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In greater detail, average expenditure per trip rose by 10.7% (2022: 591.7 euros, 2019: 534.6 euros) and average expenditure by overnight stay by 4.4% (2022: 80.3 euros, 2019: 76.9 euros), while the average length of stay grew by 6.0% (2022: 7.4 nights, 2019: 7.0 nights). The number of overnight stays decreased by 6.9% in 2022 compared with 2019 (2022: 220,213.1 thousand nights, 2019: 236,547.4 thousand nights), while inbound traveller flows dropped by 12.1%.

Travel for leisure in 2022 decreased by 5.1% against 2019, while receipts from business trips increased by 6.1% (2022: 950.0 million euros, 2019: 895.0 million euros). Lastly, total receipts from cruise passengers declined by 11.2% in 2022 compared with 2019.
Among major countries of origin, receipts from Germany rose by 40.6% to 3,255.8 million euros and receipts from France grew by 28.8% to 1,277.0 million euros. Turning to non‑EU27 countries, receipts from the United Kingdom rose by 113.3% to 3,127.1 million euros, while receipts from the United States increased by 101.3%% to 1,200.2 million. Receipts from Russia decreased by 63.9% to 41.4 million euros.

As already mentioned, the number of inbound travellers in 2022 rose by 96.0% to 29,875.8 thousand, from 15,246.1 thousand in 2021.

Specifically, traveller flows through airports increased by 81.5% and traveller flows through road border‑crossing points rose by 133.1%.

The year under review saw 4,598 cruise ship arrivals (2021: 2,074) and 4,493.6 thousand cruise passenger visits (2021: 1,538.8 thousand).

Total receipts from cruise passengers in 2022 rose by 145.7% year‑on‑year to 493.4 million euros.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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