Greek Hotel Industry expanding as tourism recovers
International studies confirm that Greece’s tourism industry is experiencing a great economic recovery. Last year alone, the number of tourist arrivals increased by 23 percent to 21.5 million; tourism revenues reached 13.5 billion Euros. A McKinsey study assumes that in the next eight to ten years Greece will see an average number of tourist arrivals between 22 and 24 million. The hotel industry is already reacting to this rising...
