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expert4knowledge (OP)
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July 13, 2015, 02:28:22 AM
 #1

DO you think Greek crisis is good tourism? Will the Greek crisis make travel there cheaper ? Will the economic turmoil in Greece frighten or attract tourists?

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July 13, 2015, 04:02:09 AM
 #2

I think it would frighten tourists if anything due to the fact that the economy ain't too great. I mean currently there seems to be social unrest among the Greek youth and that isn't really great for tourists either.

As for the issue on the price of travel, I believe the cost of travel will go down due to the reduced amount of tourists

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July 13, 2015, 06:21:46 AM
 #3

If there isn't too much social unrest then no it won't frighten off the Tourists..The only thing it is affecting is the local tourism from the locals..Many Greeks this year can't afford to go to thew Islands and are staying home at local beaches instead, making day trips to the beach as opposed to taking a proper hotel break.


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July 13, 2015, 06:30:12 AM
 #4

People in Greece have been making a lot of financial sacrifices and clearly unhappy with the circumstances. The whole world knows that Greece made a default and also about how their banks are shut off, how people are really messed up there. It will affect the tourism for quite a while, so they can lower the tourism prices to attract tourists but I don't think it would even matter. Nobody will care about Greece for a couple years now..
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July 13, 2015, 06:36:48 AM
 #5

there are some news regarding how cheap are the houses there or small mansion with pool, it could attract some other european people, who want to spend few money and have a great place to enjoy their summer

so it is definitely good for tourism, and for saving money, at least for this year and especially for summer, i'm not sure about winter...
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July 13, 2015, 05:05:06 PM
 #6

Maybe is not a good moment to travel to Greek yet until financial services are stable.
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July 13, 2015, 05:59:20 PM
 #7

banks are still close in till Thursday now it makes me think how long would the bail out money will last for the Greece government, the bail out is not for the people is for the poor economy the government has put is people in, i bet a lot of people are going to withdraw their money from the bank and get the hell out of Greece.

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July 13, 2015, 06:07:36 PM
 #8

DO you think Greek crisis is good tourism? Will the Greek crisis make travel there cheaper ? Will the economic turmoil in Greece frighten or attract tourists?

I can tell you that I will leave to Greece for holiday and I am rather scared.

I don't know if the food will be fresh or will exist at all.
I don't know if the VAT will rise until I'll get there.
I am scared that there may come strikes and there will be no place where to buy gas (already had that experience once, about 5 years ago).
And let's not talk about the state of their medical system, I really hope to not get there...

So the damage is done, the tourists are more frightened.

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July 14, 2015, 03:38:04 AM
 #9

DO you think Greek crisis is good tourism? Will the Greek crisis make travel there cheaper ? Will the economic turmoil in Greece frighten or attract tourists?

I can tell you that I will leave to Greece for holiday and I am rather scared.

I don't know if the food will be fresh or will exist at all.
I don't know if the VAT will rise until I'll get there.
I am scared that there may come strikes and there will be no place where to buy gas (already had that experience once, about 5 years ago).
And let's not talk about the state of their medical system, I really hope to not get there...

So the damage is done, the tourists are more frightened.

Go and make your own picture. What you see is just the media, bad news travels fast. Go for culture, Greece is amazing.



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July 14, 2015, 10:33:54 AM
 #10

DO you think Greek crisis is good tourism? Will the Greek crisis make travel there cheaper ? Will the economic turmoil in Greece frighten or attract tourists?

I can tell you that I will leave to Greece for holiday and I am rather scared.

I don't know if the food will be fresh or will exist at all.
I don't know if the VAT will rise until I'll get there.
I am scared that there may come strikes and there will be no place where to buy gas (already had that experience once, about 5 years ago).
And let's not talk about the state of their medical system, I really hope to not get there...

So the damage is done, the tourists are more frightened.

Go and make your own picture. What you see is just the media, bad news travels fast. Go for culture, Greece is amazing.

As i said, I will go. A lot of people cancelled their holidays, but I didn't.
I has in Greece 3 times already, so I am more confident than others. But, as I stated, I still have ... some fears on this subject.

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July 14, 2015, 02:41:33 PM
 #11

Check the actual data. The prices are actually going to get more expensive for tourists, so less incentive to visit the place. Not only it's a place prone to conflict now because of austerity, but they'll make it more expensive for tourists too.
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July 14, 2015, 11:50:47 PM
 #12

So more to the Greece crisis is not the Greece health crisis coming to play with a government debt of 1.2 billon euro http://money.cnn.com/2015/07/10/news/economy/greece-health-care-crisis/?sr=cnnifb
Poor Greece.
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July 15, 2015, 01:34:47 AM
 #13

DO you think Greek crisis is good tourism? Will the Greek crisis make travel there cheaper ? Will the economic turmoil in Greece frighten or attract tourists?

I can tell you that I will leave to Greece for holiday and I am rather scared.

I don't know if the food will be fresh or will exist at all.
I don't know if the VAT will rise until I'll get there.
I am scared that there may come strikes and there will be no place where to buy gas (already had that experience once, about 5 years ago).
And let's not talk about the state of their medical system, I really hope to not get there...

So the damage is done, the tourists are more frightened.

Greece is one of the most beautiful places to visit along with the amazing food.  In this situation, don't count on ATM's or banks being liquid thus carry extra cash.  Also allow for extra travel time as there may be public worker strikes.

Don't let a few bad apples (politicians) influence your thoughts of Greece as a whole.
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July 15, 2015, 06:13:33 AM
 #14

DO you think Greek crisis is good tourism? Will the Greek crisis make travel there cheaper ? Will the economic turmoil in Greece frighten or attract tourists?

Yes since people need cash to pay their employees tourists provide a cash flow outside of the Closed banking system
As a result they can get better deals than if they tried to use a visa/mastercard its also why merchants tend to not be taking cards at present.
For travel well the plane is the same cost but the cost of souvenirs is likely cheap.
Airbnb for Greece has some pretty good deals as well
https://www.airbnb.ca/s/Greece?locale=en

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Tugbit
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July 15, 2015, 07:14:42 AM
 #15

DO you think Greek crisis is good tourism? Will the Greek crisis make travel there cheaper ? Will the economic turmoil in Greece frighten or attract tourists?

Yes since people need cash to pay their employees tourists provide a cash flow outside of the Closed banking system
As a result they can get better deals than if they tried to use a visa/mastercard its also why merchants tend to not be taking cards at present.
For travel well the plane is the same cost but the cost of souvenirs is likely cheap.
Airbnb for Greece has some pretty good deals as well
https://www.airbnb.ca/s/Greece?locale=en


THIS!!!
I was not planning any trip this year but the Greek's troubles and especially the way this is handled by the "Institutions" made me decide to go to Greece in the next weeks.

As a tourist that wants to make a statement, show moral support to the Greek nation and people, airbnb (and low cost airlines) brings me as close to the people as I can get. I'll bet that the total cost of my 2 week stay is going to end up below 1000€ 

I'm not afraid of what I might encounter there, for example to get cash or supply's.
Strikes however may mess up my travel timeline (and budget) especially @ the airport, due to political and economical situation in their country I am aware of the likeliness of strikes. Keywords: empathy, sense & understanding, patience. No prob.

However I'm afraid the general tourist has a different mindset (or motivation if you want) and will consider Greece as less comfortable and maybe risky. No doubt this is going to affect the Greek tourism industry.   

 
mezmerizer9
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July 15, 2015, 09:04:16 AM
 #16

I don't know if the food will be fresh or will exist at all.
Why not!

I don't know if the VAT will rise until I'll get there.
Yes, the VAT is increasing 10%!

I am scared that there may come strikes and there will be no place where to buy gas (already had that experience once, about 5 years ago).
So far there is no large strikes!


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NeuroticFish
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July 15, 2015, 09:25:16 AM
 #17

I don't know if the food will be fresh or will exist at all.
Why not!

I've read that the stocks of flour are not great, I've read that some hotels said - about one week ago - that their food supplies are for one more week only.
A rather big part of the food use to come - from any country - from other countries. This is what supermarket chains do. And since the money control, this may be somehow disrupted.

However, I am also sure there will be no problems with the Feta and the fish supply, so the situation is not that bad Smiley

I don't know if the VAT will rise until I'll get there.
Yes, the VAT is increasing 10%!

Allright. Starting when?

I am scared that there may come strikes and there will be no place where to buy gas (already had that experience once, about 5 years ago).
So far there is no large strikes!

They don't announce them so much ahead, so .. yeah, there's some risk. But I plan to refill in Macedonia and whenever I can, to be on the safe side.

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AtheistAKASaneBrain
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July 15, 2015, 11:24:28 AM
 #18

I think it's not good idea to visit Greek while their economic still unstable.
I bet you will spend more money in there since i'm sure many things already become expensive.

Better wait until their economic is stable & you'll feel more comfortable  Smiley

There's no way I would visit greece as a random tourist, but as an investor there may be a lot of opportunities to pick up fruits that are in the floor (as warren buffet would say). There must be something really good to invest in right now that's cheap as hell in greece, but it's hard to spot it.
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July 15, 2015, 11:40:00 AM
 #19

I am in talks with many Greek friends and they say with the increase of unemployment, the crime in bigger cities has increased. You have to be more vigilant for pick pockets on the streets and theft has definately

increased. {Small items like phones and cameras and wallets}

They say the rural areas are a bit better... but the average tourists, keep to the more popular cities and that makes them a target.

The prices are still reasonable and food is not a problem... So it's still a option for the tourist that is used to the petty crimes around the bigger cities in Europe. The general moral is a bit low and the people are a

bit cranky.. but that is normal for this type of situation.  Sad   

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July 15, 2015, 02:12:50 PM
 #20

I think it's not good idea to visit Greek while their economic still unstable.
I bet you will spend more money in there since i'm sure many things already become expensive.

Better wait until their economic is stable & you'll feel more comfortable  Smiley

There's no way I would visit greece as a random tourist, but as an investor there may be a lot of opportunities to pick up fruits that are in the floor (as warren buffet would say). There must be something really good to invest in right now that's cheap as hell in greece, but it's hard to spot it.

not that hard, the answer is house like i said above, there are very good deal there for big house with pool with a discount up to 70%, basically they gifting it

you can buy one of those and rent it for a very good price for some tourist

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