Optimism to double the growth rate in 2023
In elements of her study Directorate of Economic Analysis of the National Bank the Minister of Tourism Vassilis Kikilias mentions in a tweet, which demonstrate strong growth of hotels and small-medium hotel businesses.
Mr. Kikilias, in a related announcement, emphasizes that the upgrading of tourism in the years 2022 and 2023 opens up new jobs, citing that in the period February-March the recruitments in the hotels recorded a 20-year high, while in the winter period (December 2022-February 2023 ) hotels recorded a 32% increase in sales compared to the corresponding period of 2019.
According to the National Bank, February and March 2023 saw the most hiring in the country’s hotels in the last 20 years.
Also in the winter period we had an increase in sales at hotels +32% vS 2019.
We have started the tourist season…
— Vassilis Kikilias (@Vkikilias) May 16, 2023
In addition, according to research findings of FDI in 200 hotel SMEs, show that in business there is optimism for a double growth rate in 2023 with the growth superiority being maintained over a three-year horizon and as a result the sector is proceeding with more aggressive recruitment and investments. “We started the tourist season earlier than ever and this created new jobs and brought income to the economy,” the Minister of Tourism said in his tweet.
Source: Skai
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