SUSTAINABILITY

Economy

Costa Navarino has been developed with the vision to place Messinia on the world tourism map, protect the region’s natural environment and heritage, while contributing to the welfare and advancement of the local community.

Costa Navarino has introduced a new model for tourism development, which bases its success on the success of the destination as a whole.

According to a recent study by the Regional Development Institute of the Panteion University of Athens (RDI, December 2014), the economic impact of the Costa Navarino investment in Messinia, from the beginning of construction in 2008 up to the end of 2014, is estimated at € 907.5 million, while the indirect economic impact in Messinia in 2014 from the operation of Costa Navarino was € 117.4.

The same study estimates that for every € 1 spent at Costa Navarino, € 1.65 is spent in the region of Messinia (RDI, December 2014). At the same time, local food businesses earn annual income of around € 2.25 million from the 75,000 meals ordered by Costa Navarino guests throughout Messinia (average meal cost of € 30/person).