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Yating is proving more profitable than cruising

Yating is proving more profitable than cruising

The maritime tourism industry leaves the Greek state with immediate profits of 800 million euros, while the cruise only 580

The Greek government is looking at yoting, which is proving more profitable than cruising.

According to data presented to members of the National Cruise Committee, the Greek state has direct revenue from the cruise of 580 million euros and indirectly reaches 1.402 billion euros. It represents 0.82% of GDP and offers 5,000 jobs. Greece has revenue of 800 million euros from the yoting industry and if calculated indirectly, it amounts to 1.940 billion euros. It accounts for 1.1% of GDP and offers 25,150 jobs. The comparison is striking in favor of maritime tourism.

"In Sea Tourism we have a billion-euro market. The cruise doesn't leave that much. To know and what we say. I don't disregard the importance of cruising at all. But look at how much costly infrastructure is needed for the cruise for a turnover of € 500 million. I believe that the maritime tourism sector has enormous potential in the island complex of our country. Greece can become the world 's most important destination for global yotting. A flexible competitive institutional framework is needed. We all want them here, but that includes marinas. So here's the big challenge. "

According to the Hellenic Marines Association, for each euro the vessels attach to the marinas, an additional five euros of expenditure is directed to support activities.

For every 100 boats 4 jobs are created in the marina and 40 jobs in other businesses.

The International Council of Maritime Industry Associations (ICOMIA) has noted that "Greece has a large number of anchors, about 60. Also, the boats industry, mainly small ones, has recovered."

  • Create thousands of jobs. According to a study by the Hellenic Chamber of Navy, 4.4 direct jobs are created for every 100 berths (6 direct jobs, according to the Hellenic Marine Union) and another 100 indirect in and around the marina where professionals and small and medium-sized businesses operate. boat maintenance, maintenance, carnage, fuel and catering suppliers, nautical agents. If we include the yacht crews, then for 100 berths indirect jobs exceed 200.
  • Consumption of goods and services, much of which brings foreign currency flowing from foreign pleasure boats. ICOMIA estimates that for each euro spent on docking in a marina, 5-10 euros are spent depending on the size of the vessel for fuel, supplies, catering, customer service, entertainment, catering, maintenance, payroll and other vessel duties. . Therefore, for a market of around € 50 million, as estimated by Greek marinas, it is estimated that at least € 400 million is distributed to mariners.
  • Collection of public revenue from the high royalties paid by the marinas, from the income taxes of businesses operating the marinas, but also from those operating in and outside the marinas, from employees 'employers' and social security contributions and various other fees that burden the yachts. Only VAT attributable to the State from the provision of services to pleasure craft is estimated to exceed EUR 100 million per year.

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