This document summarizes the impact of international and domestic economic crises in Greece from 2008-2015 on its tourism industry and the measures taken to mitigate the effects. It notes declines in Greek GDP, jobs, and initial tourism arrivals and receipts during these crises. However, through strategic investments, marketing, facilitating visas, and showcasing solidarity, Greece was able to significantly increase tourism arrivals and receipts by 2015 to levels surpassing pre-crisis figures, with tourism's contribution to GDP also rising. Nonetheless, challenges around human resources and talent shortages remained.
160520_ Managing tourism in times of crisis_The case of Greece @ ILHS
1. Managing tourism in times of crisis
The case of Greece
George Drakopoulos
President & CEO tourism generis
Special Adviser, UNWTO
2. Outline
• Impact of the international crisis on Greek tourism
(2008-2009)
• Impact of the Greek crisis on Greek tourism (2010-
2015)
• What happened on what level?
• Conclusions
10. Blame the crisis
crisis....bad debt...taxes
strikes... unemployment
social unrest... media pressure
cancellations...less arrivals...image
negative publicity...travel advisory
11. What happened then?
• Spray & Pray level
• Institutional
• Supply & Demand
• Human Resources
12. Complicated simplicity
• tourists
• investors
• Business
community
• EU
• IMF
• ECB
• voters
Domestic
audience
International
audience
International
audience
Domestic
audience
Political Approach
Business Approach
13. Competing in the wrong way
focusing on price instead on value for money
demand/price elasticity
VAT
– accommodation
– food
– drinks
– transportation
23. More PR activities
Fam trips for foreign journalists and tour operators
from Germany, United Kingdom, Russia & China
Competition Bild:
• 100 weeks of holiday
• 200 lucky readers
28. GR-Basic figures 2015
2015
Int Arrivals (mi) 23.6
Int Receipts (bi Euros) 14.2
TT % contribution to GDP
Direct
Total
7.60 %
18.45 %
29. GR-Basic figures 2008-2015
2008 2015 Δ%
GDP (bi Euros) 242 176 -27%
Int Arrivals (mi) 15.9 23.6 +48%
Int Receipts (bi Euros) 11.6 14.2 +22%
TT % contribution to GDP
direct
total
5.28%
17.75%
7.60 %
18.45 %
+28.8 %
+9.8 %
30. GR Employment (000)
2008 2015 Δ
Jobs
(mi, all sectors) 4,6 3,6 -22%
Total Travel & Tourism 854 821 -4.1 %
Direct Travel & Tourism 361 401 11.0 %
31. Success story?
2008 2015 Δ%
GDP (bi Euros) -27%
Int Arrivals (mi) +48%
Int Receipts (bi Euros) +22%
TT contribution (total)
GDP
Employment
+2.70%
+4.24%
34. Human resources
Lower salaries
but still high social security contributions
Tourism education
Brain drain
............................... ................... ... ............
Talent shortage
Lack of expertise
Service will suffer?
35. Conclusions here
(recommendations next slide)
• Long term plan reference
• Proactive to the media
• Invest in marketing research
• Segmentation of everything
• Create PPP structures