Covid-19 Impact on tourism economy

People appear to be ready to travel mostly in Europe in the new year placing high priority on health standards, according to a new ITB-IPK study.

Travel industry experts, on December 10, will discuss how the pandemic has impacted sustainability efforts in tourism, during the ITB Virtual Convention.

Air travel demand for Greece is on the rise despite the ongoing Covid-19 pandemic, according to global airline executives.

Greece is among the top 10 overseas destinations UK travelers plan to visit in 2021, according to ABTA.

Air cargo demand continued to improve in October but at a slower pace compared to the previous month, according to the International Air Transport Association (IATA).

Despite the Covid-19 pandemic, the island of Andros in 2020 managed to maintain 66.1 percent of last year’s arrivals between July and September, according to a survey.

Greek hoteliers, owners of mainly small family-run units in mountainous areas, have called for actions for their businesses to survive the financial slowdown caused by Covid-19.

The Greek economy is set to recover gradually next year and projected to accelerate in 2022, according to the latest OECD Economic Outlook report.

Europe continues to lead the way in lifting or easing travel restrictions that were introduced in response to Covid-19, according to the UNWTO.

The majority of Greek companies expect to return to pre-Covid-19 levels by the end of 2022, the HSBC Navigator annual survey reveals.

During the January-October 2020 period, the number of international arrivals to Greece by land and air fell to 8.27 million, according to INSETE data.

When Greece’s lockdown ends, Greek hotels will be open and ready to welcome their customers safely, says Hellenic Hoteliers Federation President Grigoris Tasios.

The entire cruise industry is expected to lose almost $20 billion in revenue amid the Covid-19 pandemic in 2020, a 71% plunge year-over-year.

New Zealand, Japan and Taiwan have the most effective handling of the Covid-19 pandemic to date, according to a “Covid Resilience Ranking” by Bloomberg.

Greece’s job retention approach during the Covid-19 pandemic successfully mitigated the possibility of large-scale unemployment, according to a recent study.

Due to the ongoing Covid-19 travel restrictions, the inaugural ITB India will take place as an entirely virtual event during April 7 – 9, 2021.

Tourism cannot be blamed for the recurrence of the Covid-19 pandemic in Greece, says Greek Tourism Minister Harry Theoharis.

Passenger traffic at European airports has decreased by 81 percent as a result of quarantine-based travel restrictions, ACI Europe said.

Deep losses for the airline industry will continue into 2021 due to the impact of Covid-19, says the International Air Transport Association (IATA).

The Greek Tourism Confederation (SETE) is calling for additional support measures for tourism enterprises in Greece that have been impacted by the Covid-19 pandemic.