Covid-19 Impact on tourism economy

The nights spent in hotels and tourist campsites in Greece recorded a significant drop during January-September 2020, according to data by ELSTAT.

A 74.9 percent drop was recorded in the turnover of Greek travel agencies in the third quarter of 2020, normally considered high season for Greek tourism.

The European Commission has approved a 120-million-euro Greek aid measure to AEGEAN for damages suffered due to the Covid-19 pandemic.

With tourist arrivals obviously affected by the impact of Covid-19 on travel, Greece’s tourism revenue dropped by 77% in the first ten months of the year.

The Covid-19 pandemic is expected to bring new trends in travel and tourism, emerging from the desire of travelers for safe and vivid experiences.

The WTTC is calling for a Covid-19 testing regime to be placed at airports rather than for governments to impose blanket travel bans to protect public health.

Greek tourism professionals are expecting a slow post-Covid-19 recovery, with only 2% appearing optimistic that the sector will bounce back in 2021, says MRB.

Greece’s accommodation and F&B service providers saw revenues in the third quarter of 2020 drop, reflecting the impact of the Covid-19 pandemic.

More than 6,000 air routes previously operated from Europe’s airports have not been restored since the start of the Covid-19 pandemic, according to an ACI Europe report.

The year 2020 will go down in history as the worst year on record for global tourism with international arrivals expected to reach 1990 levels, the UNWTO says.

Europeans are reluctant about traveling during the holiday period due to renewed lockdowns and increasing Covid-19 cases, a European Travel Commission study found.

The Covid-19 pandemic and the ongoing containment measures worldwide have cost Greece 15 billion euros in tourism revenue.

Passenger traffic at Greek ports during Q2 2020 recorded a 67% decrease compared with the same period in 2019, according to the Hellenic Statistical Authority (ELSTAT).

Greece is gaining ground with investors looking for opportunities thanks to its recovery program and despite Covid-19, according to Ernst & Young (EY).

Measures to contain the spread of Covid-19 have hit Greece’s incoming air traffic hard driving it down by 68.7% in the January-November period.

November passenger traffic at a number of Greece’s airports was severely impacted by the ongoing containment measures aimed at curbing the spread of Covid-19.

Three in 10 Brits do not plan to travel at all in the next year due to the Covid-19 pandemic, according to data released by YouGov.

Europe in 2021 is expected to be the worst-hit in terms of airline losses (-$11.9 billion) due to the impacts of Covid-19 on air transport.

Greece’s professional tourist guides are calling on the government to extend financial support through to March 2021.

Despite the Covid-19 pandemic, tourism arrivals to Elafonisos dropped by only 13.7% during July-October 2020, compared to the same period last year.