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Tourism-2017 –Challenges – Low-income expectations with disproportionately large number of tourists

Greek Tourism Minister Elena Kountoura with Thomas Ellerbeck, president  of the Board, TUI Care Foundation.

Taking it into consideration that TUI, ruled by its British management, has foreseen great increase from Britain as well,  any true connoisseur of our ill-fated tourism realizes that, the mega-group will “pack” hundreds of millions of euros.

Hellas, experiences, this, as well. Because, as the Honourable Minister of Tourism of our country “found”  triumphantly at ITB Berlin a few days ago, the increase of arrivals from Germany will reach about 12%.

Taking it into consideration that TUI, ruled by its British management, has foreseen great increase from Britain as well,  any true connoisseur of our ill-fated tourism realizes that, the mega-group will "pack" hundreds of millions of euros.

These together with the transport through its air fleet and all other prepaid services will again strangle the revenues from this grand home industry.

Domestically the "bracelet bearers", as we have extensively write before, will spend little and the value of our hopes it'll be for "tears."

The eloquent but irrelevant Minister is boasting for the 28 million visitors but with only 14.5 billion euros revenue, while last year with 25 million tourists we collected 13.5 
billion euros.

Conclusion: Germans and British Tour Operators are getting wealthier against the plebeians.

TUI UK will bring as well an international platform for civil weddings. Maybe there is something worthwhile to collect from that source.

Other than that, the Mediterranean diet that TUI Group will launch in Crete, is expected to yield little for Greece, since surely the prepaid packets will prevail.

Madame Minister, do be proud, because the International Grand-Groups and the domestic Mega-Hotels you admire will fill their revenues.

The Greek stand, with which you were photographed together with your collaborators and others, has little comparative ability to capitalize the Tourist decline of the “wild” Turkey. Too bad, because for years we talk emphatically. We need Ministers of the Sector, not photogenic but with knowledge of this complex, demanding task.

Do we scream in deaf ears?

 

Managing Partner - Emmanuel A. Gyzis & Associates Law Offices | + Posts

Emmanuel A. Gyzis is managing partner of Emmanuel A. Gyzis & Associates Law Offices.

He was born in Athens, Greece, 13 January 1947; admitted to Athens Bar Association 1974. Education: University of Athens, Law School (1972), London, (L.LM. 1980), specialized in Aviation Law and originally worked in the respective field on behalf of British Tour Operators and Charter companies. 

With longstanding journalistic and writing activity, his articles have been published in financial newspapers and magazines specialized in Aviation and Tourism. Author of pioneering monographs on the development issues of Olympic Airways (1989), he has published during a course of many years, a series of articles regarding its viability, its position in the international environment, as well as for other private airlines in general, while at the same time he participated in relevant International and Greek Conferences and Organizations. Successful and long-term engagement with issues regarding private airports / heliports, Low Cost Carriers (LCC), Aircraft Fractional Ownership, Ground handling matters. At his law firm “EMM. GYZIS AND ASSOCIATES”, together with a group of specialized associates he deals mainly with aviation law issues (cooperation with construction companies for commercial aircraft and leasing companies) and tourism law issues, specializing in mass tourism from/ to Greece and occasionally cooperating with Tour Operators. Since 1993, he has founded a number of Greek and foreign airline companies, on behalf of his clients, in accordance with the applicable legal status. He has participated in committees for the drafting of legislation regarding air transport, such as private airports, the Presidential Decree for private heliports and the Basic Legislation of the Aviation Code and he is the General Secretary of the Hellenic Aviation Society. For many years, he has been studying emerging markets, as a consultant for foreign companies, which plan to invest worldwide.

LANGUAGES: English.

MEMBER: Athens Bar Association, International Bar Association, European Society of International Law (ESIL), American Society of International Law (ASIL), British-Hellenic Chamber of Commerce, Greek-American Union, Hellenic Aviation Society.

PRACTICE AREAS: Aviation Law, Aerospace Law, Tourism and Transport Law, (European) Commercial and Company Law. Arbitration. Establishment and Operation of foreign companies in Greece. Project Finance. Free Movement of Capital. Privatization. Foreign/ Hotel Investments. Mergers and Acquisitions.

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