Crete: Tourism Withstands International Challenges

Capital.gr

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The resilience of Cretan tourism in a difficult international environment is highlighted by this year's season, with international air arrivals reaching 5.3 million in the first nine months, up 6.2%. However, the increase in traffic does not automatically translate into a corresponding improvement in hotel profitability, as high operating costs and discounts that...

ΡΕΘΕΜΝΟΣ ΕΦΗΜΕΡΙΔΑ: ΡΕΘΥΜΝΟ ΝΕΑ ΕΙΔΗΣΕΙΣ ΚΡΗΤΗ…

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The resilience of Cretan tourism in a difficult international environment is highlighted by this year's season, with international air arrivals reaching 5.3 million in the first nine months, up 6.2%. However, the increase in traffic does not automatically translate into a corresponding improvement in hotel profitability, as high operating costs and the discounts that accompanied some last-minute bookings affect the financial result.

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5.3 million international air arrivals in the first nine months and 308,000 additional visitors – High operating costs, last-minute discounts and the first signals for the 2027 season

sofokleousin.gr

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This year's season highlights the resilience of Cretan tourism in a difficult international environment, with international air arrivals reaching 5.3 million in the first nine months, up 1.1% year-on-year.

Business Daily

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Cretan tourism showed resilience in 2023, with international arrivals of 5.3 million and an increase of 6.2%, but hotels did not see corresponding profits due to high costs and discounts on reservations, according to G. Sfakianakis.