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Greece Bookings Dip

Greece Bookings Dip
Greece Bookings Dip

Tourism bookings in the first quarter of the year have turned negative compared to last year, according to March data by Amadeus cited by the president of the Association of Hellenic Tourism Enterprises, Andreas Andreadis.

The figures show that bookings in the year up to last month recorded a 1% decline on a yearly basis. There is a negative flow from the markets of Germany, France, Switzerland, Italy, Belgium, Austria and the Netherlands, while there is growth from Britain, Russia, Poland and the Scandinavian countries, ekhatimerini.com reported.

The decline is mainly attributed to the dive in March bookings following the terrorist attacks in Brussels and the general concern they have generated in the international tourism market.

With Spain adding 4% year-on-year at the same time, Andreadis says, “Tourism in Greece is also hurt by the migration problem, as well as by the uncertainty that has returned due to the government’s inability to complete the bailout review to date.”

Financialtribune.com