Covid-19 Impact on tourism economy

The Greek economy is expected to expand by 4.3 percent this year and 6 percent in 2022, the European Commission said.

The majority of Greek hoteliers expect the impact of Covid-19 to last, according to a nationwide study conducted by the Ionian University’s Tourism Department.

The World Travel & Tourism Council’s (WTTC) latest Economic Trends Report reveals the dramatic impact of Covid-19 on travel and tourism around the world.

The Greek Maritime Week, a multi-thematic event initially scheduled to take place in Pylos in September, has been postponed for 2022.

Although the Greek economy is showing signs of recovery, the uncertainty due to emerging Covid-19 virus mutations and their potential impact on tourism pose a risk, says the Bank of …

Greece is following in the footsteps of Europe, where the rebound in tourism post-Covid-19 is already underway, according to Oxford Economics.

The crash in international tourism due to the Covid-19 pandemic could cause a loss of more than $4 trillion to the global GDP for 2020 and 2021, says a new …

Airlines in Europe have failed to protect the rights of passengers during the Covid-19 pandemic, including not offering refunds, according to the European Court of Auditors.

The European Commission is calling on airlines to improve how they deal with cancellations in the context of the Covid-19 pandemic.

Restoring trust in travel can go a long way towards boosting industry recovery and stimulating purchasing behavior, a study by Travelport found.

Hoteliers in mainland Greece and primarily in the north are calling on the government to provide additional support to ensure the operation of hotels impacted by Covid-19.

Mouzenidis Travel Greece has suspended operations and filed for administration in order to be given protection from creditors.

SETE President Yiannis Retsos has listed seven major challenges Greek tourism will face in the short and long term as a result of the Covid-19 pandemic.

Travel receipts in Greece reached a mere €43 million in April generated by 107,000 travelers who came to the country in the midst of Covid-19 measures.

Greek ferry operators are calling for immediate compensation to cover 200 million euros in losses suffered as a result of the Covid-19 pandemic in 2020-21.

The British PM’s decision to delay the lifting of Covid-19 lockdown restrictions in England by up to four weeks has caused concern to the Greek tourism market.

As the EU looks set to open its borders, it is imperative that clear messages are communicated to international travellers wishing to visit Europe, says the ETC.

The International Air Transport Association (IATA) is seeing an improvement in domestic air travel demand while international passenger travel continues to be stalled due to restrictions.

The tourism sector can help the Greek economy recover post-Covid-19 in 2021, according to the Center of Planning and Economic Research (KEPE).

Air traffic is expected to return to pre-Covid-19 levels no earlier than 2025, according to the latest forecast by air navigation group Eurocontrol.