In April 2014, Fraport Greece undertook the expansion, modernization, and upgrade of Greece’s 14 regional airports, namely Zakynthos, Chania, Aktio, Kavala, Samos, Rhodes, Thessaloniki, Skiathos, Mytilene, Kefalonia, Mykonos, Corfu, Kos, and Santorini, protothema.gr reports.
The works began immediately and gradually the improvement of the services was obvious without even affecting in the least the proper operation of the airports.
From Corfu to Rhodes and from Thessaloniki to Chania in the last six years, the work did not stop at all resulting in 11 of the 14 airports being completed.
Initial estimates for the cost of upgrading the 14 airports were 330 million euros, but as work advanced, the amount was re-estimated at 415 million euros. But again Fraport Greece did not stop there, as according to company circles the final amount of the investment program will amount to 440 million Euros.
According to the calculations from the relevant models that Fraport Greece has run, the total direct revenue at a depth of 40 years (duration of the concession of the airports to the company) for the Greek State, will amount to about 10 billion Euros. This is because the better, more comfortable, safer, and friendlier the infrastructures of a tourist country for travelers, the more attractive its destinations become.
The result will be a rise in the percentage of visitors to airports and consequently an increase in occupancy in hotels, restaurants, museums, and beaches.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report
Source: tornosnews.gr/en/
