Greece urgently needs to invest in critical infrastructure in order to be able to meet the increasing tourist demand in the coming years, said Eurobank CEO Fokion Karavias during the 32nd General Assembly of the Greek Tourism Confederation (SETE) held in Athens on Thursday.
Karavias acknowledged that the tourism sector supported Greece during the debt crisis with a continuously growing contribution to GDP and that last year’s success of 33 million arrivals paves the way for new records. However, he went on to add that growing numbers of tourist arrivals as well as the shift to more sustainable practices require infrastructure.
Indicative of the growth, Karavias said that in 2009, 4-star and 5-star hotels…