Tip! With possibly the best beaches in Greece, Naxos is a large island that’s located near Paros, Ios and Santorini, and you can easily take a ferry to these popular islands. Naxos has an abundance of restaurants, cafes, shops and clubs.
This time we’ll study the determinants of demand in tourism industry on the example of Greece. The general aspects we are going to inspect are income, price, exchange rate, transportation costs and geopolitical factors. The important question needs to be answered – is tourism the most dynamic sector of Greece’s economy contributing most to its gross national product and economic growth. Even though the demand for tourism in a very important sector in tourism economics, no so much attention were given to explore this area and to conduct a throughout research on it. This paper reviews and analyzes key factors that affect the demand for tourism in Greece from both positive and negative prospective. Investigating the demand for tourism is the background for the successful strategy planning in companies with tourism-related activities whereas better knowledge of demand in tourism can also be of assistance to policymakers in planning strategies for this industry. The demand of tourism can be determined either by the number of tourists coming from their countries to a destination country or by their expenditures in the destination country. It is difficult to model tourism demand because tourism involves a broad range of activities.
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Tourism in Greece (Ancient greece temples)
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