Tourism revenues up in 2011 despite November drop

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eKathimerini:

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Cash inflows from tourism in the January-November 2011 period showed an annual increase of 9.7 percent, climbing to 10.4 billion euros from 9.5 billion in the same period in 2010, according to current account data published on Friday by the Bank of Greece.

However, in November alone, receipts from tourism were reduced by 12.5 percent year-on-year, while Greek tourism spending abroad contracted by 21.6 percent.

The central bank’s border survey showed that in the first 11 months of last year the number of tourist arrivals rose by 9.6 percent compared to the same period in 2010.

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