Boston, MA -- (SBWIRE) -- 12/15/2015 -- For many tourists, especially Europeans, Greece has become a popular destination for a holiday. The warm climate and stunning beaches have always drawn good numbers of visitors. In recent years, due to economic instability and political uncertainty, there has been some fluctuation in the numbers of inbound arrivals. However , over the short- and mid-term we forecast steady growth, as tourists look to make the most of Greece's current economic slump and the favourable exchange rates this has lead to.

The traditionally high number of arrivals means Greece has a fairly well developed accommodation sector, with a mix of major international hotel groups and smaller, independent establishments. In the short term this could limit the opportunities for investment in accommodation however over the longer term, as Greece recovers economically, we forecast strong growth in this sector and in the overall value of the hotel and restaurant industry. One threat to the tourism sector is the current refugee crisis and Greece has seen a large number of migrants attempting to enter Europe via its borders. The ensuing disorganisation and heightened security measures could put off some potential arrivals.

Get More Details on this Report and a Full Table of Contents at Greece Tourism Report Q1 2016

The Greece Tourism Report has been researched at source and features BMI Research's independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.

BMI's Greece Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Greek tourism industry.

Key Benefits

-Benchmark BMI's independent tourism industry forecasts for Greece to test other views - a key input for successful budgetary and planning in the Greek tourism market.
-Target business opportunities and risks in the Greek tourism sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Greece.
-Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

BMI Industry View

This contains a synopsis of our forecasts, and any changes, together with an overview of key trends and developments in the tourism industry, and an assessment of the impact of various economic and national factors which might affect the sector. It also covers new transport projects, new hotel developments, and acquisitions.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the tourism sector and within the broader political, economic and business environment.

BMI Industry Forecast Scenario

Forecasts to end-2019 for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts:

-Inbound Tourism: Total arrivals (?000 and growth % y-o-y), arrivals by region (?000 and growth % y-o-y), arrivals by country (?000 and growth % y-o-y), top 10 source countries for arrivals.
-Outbound Tourism: Total departures (?000 and growth % y-o-y), departures by regional destination (?000 and growth % y-o-y), departures by country (?000 and growth % y-o-y), top 10 destination countries.
-Travel & Receipts: Methods of travel for arrivals (air, ship, rail) (?000 and growth % y-o-y), international tourism receipts for transport (USDbn and growth % y-o-y), international tourism receipts for travel items (USDbn and growth % y-o-y).
-Hotels: Hotel industry value (USDbn and growth % y-o-y), number of hotels (?000 and growth % y-o-y), total overnight stays (?000 and growth % y-o-y), length of stay, occupancy rate (%), number of total

BMI?s Tourism Risk Reward Index

BMI?s Risk Reward Indices provide investors (tour operators, tourism infrastructure investors, financial institutions) looking for opportunities in the region with a clear country-comparative assessment of a market?s risks and potential rewards.

Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide an indices of highest to lowest appeal to investors, with each position explained.

Market Overview

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