Tourism is one of the largest economic sectors in Greece. Last year it accounted for 18% of GDP and provided over 900,000 jobs. The number of tourists has been growing steadily for a decade. In 2004, there were 14.2 million, in 2008 there were 17 million and it is estimated that there will be over 20 million in the coming years.
There are currently over 9,000 hotels in Greece. Most of them are 1- or 2-star hotels. Well-known hotels account for only 4% and provide only 19% of overnight accommodation.
This alone shows the enormous growth potential of Greek tourism. Greece will continue to be one of the most sought-after destinations in the future, due to its scenic beauty, Mediterranean climate and historical sites.
However, tourism is also expected to become even more important economically. The Greek government intends to make use of locational advantages and plans to redevelop and modernise all areas of tourism.
Our team supports well-known German companies in the tourism industry, advises tour operators on contracts with Greek hotel operators and, if unavoidable, also takes over the legal enforcement of claims of the tour operator arising from the allotment or prepayment contracts.