Visitors in Greece between August- October expected to rise by 4.6% (y-o-y).

Macro/Political

• According to Kathimerini, airline booking data shows that the number of visitors to Greece between August and October is expected to rise by 4.6% compared to the same period last year. This confirms the trend of more tourists arriving outside the peak tourist season.
  Source: Kathimerini

Markets:

• PPC 1H25 net profit stood at EUR 200 mn compared to EUR 180mn in 1H24.
  Source: ATHEX

Macro/Political

• According to Mr. Christos Angelidis, General Director of the Cyprus Hotel Association, the median hotel occupancy in the country is currently above 85%, approaching 90%. He attributes this strong performance to the recovery of the Israeli market. Mr. Angelidis also expressed optimism that hotel occupancy will remain close to 85% throughout August.
  Source: InBusinessNews