Covid-19 Impact on tourism economy

The repercussions of the Covid-19 pandemic on Europe’s hotel industry are expected to last longer than initially assessed, according to Deloitte.

The UNWTO has outlined two scenarios for 2021, which consider a possible rebound in international travel in the second half of the year.

Fear, insecurity, and pessimism are common among Greeks during the Covid-19 era, according to key findings of a study by diaNEOsis.

Jobs and GDP contribution lost due to the Covid-19 pandemic could return by 2022 if travel is resumed by June this year, says research by the WTTC.

Greece’s travel receipts in January fell by 90.9% to 25 million euros, due to an 87.9% decline in inbound traveler flows, according to data from the Bank of Greece.

A global consumer survey by American Express reveals key trends indicating pent-up demand for travel, a readiness to plan for future trips, and the rise of the digital nomad.

IATA has called for governments to stay engaged and consider stimulus measures for the air transport sector as part of the preparations to restart international travel in the Covid-19 era.

Passenger traffic at Greek airports continued its downward trend in February due to Covid-19 travel restrictions and aviation directives.

One in three destinations worldwide are now completely closed to international tourism due to travel restrictions, the UNWTO’s latest report says.

The liquidity gap for Greek businesses will be halved this year with tourism-related activities remaining under strain, says the National Bank of Greece.

Greece’s food and beverages sector suffered a massive shock in 2020 due to Covid-19 lockdown measures. recording a 40% decline in turnover.

The Covid-19 pandemic has cost Greek passenger shipping more than 25 million euros a month, says the Greek Shipowners Association For Passenger Ships (SEEN).

The INSETE research body has released data showing the impact of the Covid-19 pandemic on Greece’s tourism industry in 2020.

Travel from Italy to Greece in summer 2021 will depend on last-minute bookings, according to Italian tourism professionals.

ACI Europe Director General Olivier Jankovec has called for the EU to follow the example of the UK and begin planning for the restart of international travel.

Travelers to Greece were satisfied with the hotel services offered in 2020 despite the Covid-19 pandemic, according to a survey by INSETE.

European aviation and tourism stakeholders are calling for coordinated Covid-19 measures in order for jobs and the upcoming summer season to be saved.

International and Greek travelers gave Athens hotels a high rating for the Covid-19 safety measures implemented in 2020, a GBR survey has revealed.

Covid-19 measures will keep the global the airline industry cash negative throughout 2021, according to the International Air Transport Association (IATA).

The low-cost airline model will lead post-Covid-19 recovery and help revitalize demand, according to a GlobalData survey.