Travel & Tourism in Greece
Summary
Travel & Tourism in Greece industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
- The Greek travel & tourism industry recorded revenues of $34.7 billion in 2023, representing a compound annual growth rate (CAGR) of 2.3% between 2018 and 2023.
- The hotels & motels segment accounted for the industry's largest proportion in 2023, with total revenues of $17.3 billion, equivalent to 49.8% of the industry's overall value.
- Increasing capital investment in the travel & tourism industry is a key driver of growth, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Bank, the capital investment in travel and tourism in Greece reached $5.9 billion in 2023, reflecting an 8.8% increase from 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Greece
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Greece
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Greece travel & tourism market with five year forecasts
- What was the size of the Greece travel & tourism market by value in 2023?
- What will be the size of the Greece travel & tourism market in 2028?
- What factors are affecting the strength of competition in the Greece travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Greece's travel & tourism market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Lampsa Hellenic Hotels SA
- 8.2. Aegean Airlines SA
- 8.3. Booking Holdings Inc
- 8.4. McDonald's Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Greece travel & tourism industry value: $ million, 2018-23
- Table 2: Greece travel & tourism industry category segmentation: % share, by value, 2018-23
- Table 3: Greece travel & tourism industry category segmentation: $ million, 2018-23
- Table 4: Greece travel & tourism industry geography segmentation: $ million, 2023
- Table 5: Greece travel & tourism industry value forecast: $ million, 2023-28
- Table 6: Lampsa Hellenic Hotels SA: Key Facts
- Table 7: Lampsa Hellenic Hotels SA: Annual Financial Ratios
- Table 8: Lampsa Hellenic Hotels SA: Key Employees
- Table 9: Aegean Airlines SA: Key Facts
- Table 10: Aegean Airlines SA: Annual Financial Ratios
- Table 11: Aegean Airlines SA: Key Employees
- Table 12: Booking Holdings Inc: Key Facts
- Table 13: Booking Holdings Inc: Annual Financial Ratios
- Table 14: Booking Holdings Inc: Key Employees
- Table 15: McDonald's Corp: Key Facts
- Table 16: McDonald's Corp: Annual Financial Ratios
- Table 17: McDonald's Corp: Key Employees
- Table 18: McDonald's Corp: Key Employees Continued
- Table 19: Greece Size of Population (million), 2019-23
- Table 20: Greece Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 21: Greece GDP (Current Prices, $ Billion), 2019-23
- Table 22: Greece Inflation, 2019-23
- Table 23: Greece Consumer Price Index (Absolute), 2019-23
- Table 24: Greece Exchange Rate, 2018-23
- List of Figures
- Figure 1: Greece travel & tourism industry value: $ million, 2018-23
- Figure 2: Greece travel & tourism industry category segmentation: $ million, 2018-23
- Figure 3: Greece travel & tourism industry geography segmentation: % share, by value, 2023
- Figure 4: Greece travel & tourism industry value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the travel & tourism industry in Greece, 2023
- Figure 6: Drivers of buyer power in the travel & tourism industry in Greece, 2023
- Figure 7: Drivers of supplier power in the travel & tourism industry in Greece, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Greece, 2023
- Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Greece, 2023
- Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Greece, 2023
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