Greece financial crisis
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Greece financial crisis

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    Greece financial crisis Greece financial crisis Presentation Transcript

    • Greecefinancialcrisis
      Effects on tourismindustry
    • Summary
      How and when the crisisblew up
      Greektourismoverview
      Greekgovernment’s actions
      Howthe crisiswillaffecttraveler’s plan
    • How and when the crisisblew up
      • Greece’s woes
      • Greek economy before 2010
      - The Greekhoax
      • 2010: The sovereigndebtcrisis
      - Budget deficit: 13.6%
      - Debtlevel: 115% GDP
      - EU/IMF Loan: 110 BlnEuros
    • How and when the crisisblew up
      EU CountriesDebts %
      2015 Projections: DebtsInsolvency
    • Greektourismoverview
      • The tourism in numbers- 2009
      - Arrivals: 16 Mln
      - Tourismweight on GDP: 15%
      - Hotels: 9000
      - Airportsarrivals
      - Total: -7.8%
      - International: -5% -10.1 Mln
      - Domestic: +5% -6.1 Mln
    • Greektourismoverview
      • Tourismforecasts - 2010
      - Arrivals: +2-3%
      - Revenues: -8%
      - Reservationsreduction
      - UK: -7%
      - Germany: -10%
      - Extimated loss: 2-3 BlnEuros
      - Destination: Athens – Mykonos- Santorini
      - Reservations positive trendsmarkets:
      Italy – France - EasternEurope
    • Greekgovernment’s actions
      • Lifting cruises’ cabotage
      • Help workers
      - training & preparation
      - responsibility
      • Airports & Low Costspolicies
      • Incentives
      - expeciallynewmarkets
    • How the crisiswillaffecttraveler’s plan
      Opportunities
      Cut-priceholidays
      Better Euro exchange
      Last minute travels
      Lessexpensiveairplanecosts
      LighterCrowds, Lower Stress
      Threats
      Unrests and strikes
      Competitors (Turkey – Croatia – Egypt)
      Surchages on properties
      Hotels opening delay
      Transportsdelay
    • Conclusions
      Go to Greece
      You'll have a wonderful time - maybe an even better trip than in a "normal" year
    • AnyQuestions?
    • Thanksforyourattention
      Carlo Filippo
      Foniciello
      Federico Romano