Americans splash out on shopping in Greece

09-12-22

Visitors from the United States are making up for the drop in tourists from China and Russia in terms of the amount of shopping they do while in Greece, and not only are they spending large amounts of money, they are also showing an interest in luxury items.

It is also worth noting that spending by tourists from third countries who are entitled to tax-free purchases is also higher this year than in 2019, with growing interest in jewelry and watches pushing overall spending higher.

The outlook for retail commerce is bright, even though a drop in tourist traffic from China and Russia has seen shops in certain parts of the country and specific categories of retail suffer losses, as Chinese and Russian tourists tended to buy different things to the Americans, Israelis and Arabs.