Sources suggest that there already are some signs pointing to a clear rebound in bookings: On Monday, the day after the polls, a five-star hotel saw bookings more than double compared to before the elections. A four-star hotel reported a massive increase in bookings from Russia. In general, hotels at various Greek destinations estimate that the flow of bookings will revert to normal after a 30-50 percent decline between the May 6 and the June 17 elections, depending on the area, owing to the political uncertainty.
There is also good news in the way of tourism traffic from Russia: Data published by the Greek General Consulate in Moscow showed that in the first five months of the year the number of visas issued grew by 18.5 percent, climbing to 127,393 from 107,480 in the same period last year. The president of the Association of Hellenic Tourism Enterprises (SETE), Andreas Andreadis, called for the creation of a government that will have a clear popular mandate to proceed with decisive steps to the transformation of Greek economy from a “Soviet-type economy into a European one.” “Tourism will have a key contribution in the restarting of growth by adding three percentage points to the country’s gross domestic product and many thousands of new jobs in the next couple of years,” he said.