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Greece 2005

Tourism proves a magnet to US investors

New Development Law makes Greece a top choice for US players

Prime Minister Konstantino Karamanlis of Greece with President George W. Bush last year at the White House.

By Elaine Green

Greece has proved to be an increasingly attractive tourism destination for Americans, either as a stop-off in a European tour or as an exclusive destination.

In September 2004, the volume of travel from the US to European countries, including Greece, saw an increase by 10.8 percent. Indeed, 2004 figures for US traffic to Europe were second only to the record year of 2000 and experts predict that this will be topped in 2005. With a record 8.82 million US passports being issued last year, the predications are well founded.

The Olympic Games phenomenon lies, in part, behind the resurgence of Greece as a tourism destination, despite the fact that in the summer of 2004, the country had expected to benefit even further from its Games initiative.
Greece was the smallest nation to host the modern Olympics, notching up one of the biggest bills to pay for the event - $12.08 billion. Yet the majority of Greeks believe that the investment was a long-term one and thus well worth it.

Closer cooperation of Greece and America regarding the security of the Games was one of the many outstanding successes in ever-improving relations between the two nations. The ability of the Greeks to successfully host the great event was a marketing feature in itself.

The effort of preparing the country to host the Games brought with it a dramatic modernization of the nation’s infrastructure, transforming it into a first-class destination for tourists.

That transformation has been especially welcomed in Athens. Greece’s islands have always held a place in the hearts of the world’s tourists, but now the country’s capital is also back in favor. Its environmental improvements, state-of–the art public transport and gleaming marble international airport put it high on the agenda for American travelers.

Other nations echo the American sentiment. In the wake of the Olympic success, Britons have voted Greece one of their top three tourism destinations for 2005. The Association of British Tourist Agencies’ (ABTA) annual report on UK holiday preferences for the year 2005 praised Greece in general and Athens in particular, stating that the efforts made by the country to enrich its tourism product and upgrade its roads, transport, public services and hotels are already paying off.

A 10 percent increase in bookings and arrivals off the back of the Olympic success is predicted. Islands forecast for increased tourism include Crete, Rhodes Mykonos and Santorini.
The Greek islands are a much-loved destination for many famous Americans including former U.S. President George Bush. The ex-premier visited Greece in the run-up to the Games and stayed on one of his favorite islands, Lesvos, where he enjoyed a relaxing holiday.

"I am welcomed every time I come to Greece...It is great to be back on this island Lesvos, it is a magical island," he told reporters. "I like the exercise here, I like the walks, and the welcome from the people here...I am so very proud to be representing the U.S.," he added. He highlighted the safety of Greece - a factor that has always attracted tourists, not just during the high-security Games. "I feel very safe here, there is no reason to feel unsafe, you are in a safe country."
Naturally such visits are a two-way process. In May 2004 the Greek government expressed satisfaction with Prime Minister Costas Karamanlis’ highly successful official visit to the States, commenting on the warm welcome the US administration had given him.

The close relations before, during and since the Games have been hailed as a positive signal to the start of a new era in US-Greek relations, particularly in the wake of Greece’s own strong stance on crushing the former terrorism group, November 17.

However, the resurgence of US visitors to Greece is not just as a result of good security and improved infrastructure. Greece’s marketing makes great emphasis on the development of "niche tourism". These specialty holidays, which range from traditional village experiences, eco-tourism (which provides an opportunity to see rare and protected bird and animal species, as well as sensitive forests, wetlands and ecosystems), thermal springs and spas, golf-courses, health and beauty farms, gastronomy experiences and conference tourism are all increasingly popular with American visitors.

The love affair between Greece and America is part of a well-trodden path. The US forms the biggest country in the Greek Diaspora and has a number of famous Greek-Americans including; George Tenet, CIA Director; Spiro T. Agnew; former U.S. Vice President Michael Dukakis, former Governor of Massachusetts; Jennifer Aniston, actress, "Friends", her godfather, Telly Savalas, late actor, "Kojak;" Rita Wilson, Hollywood producer ("My Big Fat Greek Wedding");Johnny Unitas, NFL legend; Olympia Dukakis, Academy Award-winning actress; Billy Zane, actor, "Titanic;" Helene Alexopoulos, prima ballerina, NYC Ballet and Pete Sampras, to name but a few.

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