Holiday firms urge Greece on reluctant Germans

Tue Mar 6, 2012 7:45am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

BERLIN (Reuters) - Germany's biggest tour operators called on its nation's holidaymakers to ignore anti-German sentiment in Athens and take trips to Greece's islands, after booking numbers plunged at the start of the year.

Tourism is a vital source of income for Greece, accounting for about a fifth of gross domestic product, but the country's debt problems, and a reluctance among many Germans to act as the euro zone's paymaster for its bailout, have sparked anti-German protests in Athens.

That in turn has deterred Germans, the world's largest spenders on foreign holidays, from choosing the Mediterranean nation for this summer's vacations.

"The Greeks are wringing their hands in despair waiting for holidaymakers," TUI Germany Chief Executive Volker Boettcher told journalists gathered in Berlin ahead of the ITB travel fair.

Boettcher said the debate over the financial crisis and security in the country was overdone and that he saw no reason for Germans to avoid the country.

TUI Germany, part of Europe's largest tour operator TUI Travel, said bookings to Greece had fallen by a third from the same time last year.

"What I'm hearing from customers is that they don't feel welcome," Boettcher said.

That echoed comments Monday from rival Thomas Cook Germany, part of London-listed Thomas Cook Plc.

"The events in Athens are impacting the country's image," Thomas Cook Germany CEO Peter Fankhauser said.   Continued...