Greece's Debt Crisis Pays Dividends for those Booking Package Holidays This Summer
Online, June 14, 2010 (Newswire.com) - Sometimes bad news is good news. It turns out the recent debt crisis in Greece has an upside for holidaymakers, with bad publicity over recent strike action sending the Greek tourist industry into a cost-cutting frenzy. Thought the Eurozone and its wallet-crushing exchange rates will keep the tourists out? Think again. Even Greece's position in the Eurozone - largely seen as a major factor in keeping cost-conscious Brits away - will likely be ameliorated by this drive to lower prices.
Daniel Ox, Director of E-Commerce for experts in cheap holidays ( http://www.beatthebrochure.com/flight-and-hotels/ ) BeatTheBrochure.com says "Greece and Turkey's tourism industries have been locked in a constant battle for trade for decades. With Turkish holiday bookings currently up due to Greece's problems, the more adventurous holidaymaker will find that the costs of Greece holidays and Crete holidays (http://www.beatthebrochure.com/holidays/Greece/Crete/default.asp) can be more affordable than those to Turkey."
With over 380 beaches and 6000 islands, Greece still remains one of the top locations for holidaymakers seeking that rare combination of sun, sea and history. Exchange rates might change, but the lure of the Parthenon and the glorious beaches of Crete certainly don't.
"The introduction of the Euro forced many people to take their holidays outside the Euro-zone," Daniel Ox continues, "Greece's economic slump has moved the goalposts, allowing those on a limited budget to explore a truly fascinating country."
In 2008 the country attracted 16.5 million visitors and tourism contributes around 15% to Greece's Gross Domestic Product (GDP). In Greece's current financial situation every visitor counts and for those on Greek holidays (http://www.beatthebrochure.com/holidays/Greece/default.asp ) sun, sea, and incredible history awaits.
