INSETE Statistics Replace for the Greek Hospitality Business First Half 2024

Worldwide Air Arrivals 

• Within the interval January-July 2024, 14.4 million worldwide air arrivals had been recorded, surpassing the degrees of January-July 2023 (13.3 million), representing a rise of +8.2% or +1.1 million arrivals.
• In July 2024, worldwide air arrivals reached 4.6 million, an improve of +5.3%/+235 thousand in comparison with July 2023.
• The person geographical models recorded a rise within the interval January-July 2024, except the Cyclades. Specifically, in Crete, worldwide air arrivals reached 2.9 million, recording a rise of +182 thousand / +6.7%. Worldwide air arrivals at Dodecanese airports amounted to 2.4 million, a rise of +246,000/+11.4%. The Ionian Islands recorded a rise of +104 thousand/+5.3%, with a complete of two.1 million worldwide air arrivals. Within the Peloponnese, arrivals amounted to 122 thousand, a rise of +13 thousand/+12%.
• Quite the opposite, the Cyclades recorded 689 thousand worldwide air arrivals, displaying a lower of -17 thousand / 2.4%. 

Street Arrivals 

• Within the interval January-July 2024, 6.3 million worldwide highway arrivals had been recorded, in comparison with 5.5 million within the interval January-July 2023, representing a rise of +13.8%/+762 thousand highway arrivals.
• In July, 2.3 million highway arrivals had been recorded, a rise of +277 thousand / +13.9%.
• Within the interval January-July 2024, highway arrivals from Albania decreased by -16 thousand (-1.7%) to 904 thousand, whereas the rise in arrivals from Bulgaria amounted to +383 thousand (+16.4%) with a complete of two.7 million arrivals. Equally, arrivals from Turkey elevated by +206 thousand (+38.4%) with whole highway arrivals amounting to 742 thousand. Lastly, arrivals from North Macedonia elevated by +189 thousand (+11.0%), reaching a complete of 1.9 million.

  Journey receipts

• Within the interval January-June 2024, journey receipts recorded a rise of +12.2%, in comparison with the corresponding interval of 2023, reaching €6,921 million. 
• This improvement is as a result of improve in receipts from residents of European Union international locations by +14.8%, which amounted to €3,816 million, in addition to the improve in receipts from residents of different international locations by +8.4% to €2,819 million.
• Extra particularly, receipts from residents of the euro space international locations amounted to €3,104 million, up by +11.8%, whereas receipts from residents of the European Union international locations outdoors the euro space elevated by +30.1% to €711 million.
• Specifically, receipts from Germany elevated by +7.4% to €1,223 million, as did these from France, by +2.5% to €446 million.
• Among the many different international locations, receipts from the UK rose by +19.9% to €1,009 million, whereas receipts from the US elevated by +1.0% to €540 million.

 
Brief-term leases

• Within the first half of 2024 there’s a clear pattern of a gentle improve within the variety of lodging models in comparison with 2023.
• Nonetheless, this pattern is slowing down in July, which can point out a peak in demand.
• In July 2024, lodging in brief time period leases reached 232 thousand, a rise of +20 thousand in comparison with July 2023.
• An identical sample emerges from the evaluation of the information on the variety of short-term rental beds between 2023 and 2024.
• From January to June, the variety of beds elevated steadily, reaching ranges in June that had been +85 thousand beds greater than in 2023.
• In July 2024, this progress slowed down, with the whole variety of beds provided amounting to greater than 1 million, a rise of +81 thousand in comparison with July 2023.

Knowledge supplied by INSETE
The Institute of SETE-INSETE is a non-profit organisation based in early 2013, on the initiative of the Greek Tourism Confederation (SETE), by 4 companions with intense exercise in important areas of the Greek tourism market. Go to INSETE.