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Greek island holiday records

- by Dabs Banner

Greek island holiday records.

Greece is on course for a record breaking year as the rise in summer holiday visitors to the Greek Island this year hits the 10% mark. International arrivals to the Greek Islands increased by 10.5% this August compared to last year, pointing to a 9.9% increase in holiday visitors so far this year.

Given the poor start to the season the figures, from the Association of Greek Tourism Enterprises (SETE), reflect a huge turnaround for the Greek holiday tourism market in 2013.

SETE President Andreas Andreadis said:"it is almost definite that we are referring to a new record year of 17.5 million international arrivals and €11.5 billion of direct revenue from tourism in 2013."

Zante was among the islands recording the largest increase in visitors with more than 16% more this year at 393,059 compared to the 337,474 by the end of August last year.

The rise in foreign visitors more than offset the fall in domestic Greek tourists which fell an estimated 10% in August.

The rise in tourism revenues has helped to offset the slide in the Greek economy but failed to stop it shrinking 3.8% in the second quarter of the year.

At least it was less that the initial estimates of 4.6% and the smallest quarter-on-quarter decline in GDP since late 2009 when the country's debt crisis broke.

Income from tourism rose 17.8% in the first half of the year compared to 2012, according to the Bank of Greece.