Thomas Cook: Increase in 2009 arrivals
Thomas Cook announced that they expect a 7% increase of tourists arriving in Greece from the UK. Also, according to sources, Monarch Air is expecting to transfer about 750.000 Brits to Greece (a 150.000 increase) in 2009 season. At the same time, data from the World Travel Organization (WTO) show a rapid decrease in tourist development around the world. This trend is expected to continue in 2009 although the repercussions of the financial crisis are much lower than in other sectors (real estate, constructions, car manufactures).