Covid-19 Impact on tourism economy ELSTAT: Q2 Turnover Down 94.3% for Greek Accommodation Services by GTP editing team 17 August 2020 written by GTP editing team 17 August 2020 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 27 Hit hard by the coronavirus (Covid-19) pandemic, Greece’s accommodation services providers recorded a 94.3 percent drop in revenues in the second quarter of 2020 to 104,682,448 euros against 1,846,435,467 euros in the same period in 2019, according to data released on Friday, by the Hellenic Statistical Authority (ELSTAT). Crete’s Lassithi region marked the largest Q2 decline by 99.5 percent against the same quarter last year, while the Florina regional unit recorded the smallest decrease by 11.7 percent, ELSTAT said. With regard to F&B (food and beverages) services providers, Q2 turnover dropped by 59.0 percent to 592,729,473 euros compared to 1,446,782,662 euros in the second quarter of 2019. The regional unit of Thira (Santorini) marked the largest decrease in Q2 turnover by 95.6 percent and Grevena the smallest decline by 33.3 percent. For the month of June, turnover came to 40,519,666 euros for accommodation services providers down by 95.3 percent against 867,799,654 euros in June 2019. The regional unit of Ithaki marked the largest decrease in turnover for June by 100.0 percent with the Regional Unit of Pella recording a 29.3 percent increase in the same month. F&B service providers recorded a 42.2 percent drop in June 2020 turnover to 93,419,378 euros compared to 161,654,963 euros in the same month last year. Zakynthos regional unit marked the largest decrease in the turnover for the month down by 95.1 percent, with the Regional Unit of Arta recording the biggest rise by 62.8 percent. In relevant news, the Federation of Entrepreneurs of Corfu Tourism Enterprises, expressed in a statement its discontent with the measures recently announced to restrict the spread of Covid-19, describing them as “unfair and contradictory” and adding that these are “irreparably impacting the F&B, entertainment, and tourism sectors”. Join the 15,000+ travel executives who read our newsletter Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Ιωάννης Καλλιάς: Το TÜV AUSTRIA Covid–Shield ενισχύει την εμπιστοσύνη προς τον Ελληνικό τουρισμό next post Athens Sprays Streets to Curb Coronavirus Spread You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ