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Tourist and Travel Agencies in Greece 2008

ICAP Group, Oct 2008, Pages: 44


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This study considers the sector of Tourist-Travel Agencies, focusing especially on inbound, domestic and outbound tourism companies. The sector under assessment is a considerably significant component of the Greek tourist industry, which has proven to be perhaps the most valuable capital for the development of the national economy.

The total size of the Greek service sector of tourist - travel agencies has been on the rise over the past three years (2005-2007). The study examines the tourist - travel agency sector (inbound, domestic and outbound tourism), how it is progressing and the prospects on it. As regards inbound tourism, foreign tourists are the main clients of travel agencies, visiting our country on vacation mostly during the summer period. Domestic and outbound tourism services are mainly provided to Greeks, who either travel within the country or visit destinations abroad.

According to the study, the sector of tourist-travel agencies comprises a significant number of companies (market sources say they are over 4,000) which differ among them in terms of size and to the extent to which they provide the various tourist services. The main activity of most sector companies is inbound tourism yet they also offer related services (ticket issue, etc.). The sector is made up of large-sized companies- many of which represent large international agencies-, medium-sized companies and, predominantly, small-sized companies.

Products mentioned: Organized inbound tourism, organized domestic tourism, organized outbound tourism



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