Covid-19 Impact on tourism economy

The Covid-19 pandemic has made Greeks reluctant to eat out, according to a study by the Research Institute of Retail Consumer Goods (IELKA).

The Hellenic Association of Professional Congress Organizers (HAPCO) is calling on authorities to help Greece’s MICE industry recover from the COVID-19 crisis.

Passenger traffic in all Greek airports saw a 99% drop in April due to the coronavirus pandemic, according to data by the Hellenic Civil Aviation Authority.

Germany’s Economic Stabilization Fund (WSF) has approved a package with measures and loans of up to 9 billion euros to German airline Lufthansa.

Tourist guides are among the hardest hit professionals by the Covid-19 crisis, according to a study carried out by the European Federation of Tourist Guide Associations (FEG).

A survey by the Network of European Museum Organizations (NEMO), reveals how the “museum experience” was redefined amidst the Covid-19 pandemic.

With air traffic suspended and hotels closed in March 2020 due to the Covid-19 restrictions, Greece saw its travel receipts nosedive by 71%.

Disruption to Greece’s air transport sector, caused by the Covid-19 outbreak, is set to cost the country’s tourism sector 9.2 billion euros in losses, says IATA.

Post-Covid-19 quarantine measures on arrival would further damage confidence in air travel, according to a survey by IATA.

Deloitte Greece presents three alternative scenarios about how the Greek tourism landscape may evolve in 2020 and 2021 in the new reality posed by Covid-19.

Having received approval for a loan to cope with the impact of Covid-19, SWISS has announced plans to resume around 15-20% of its original services in June.

Colombian airline Avianca has filed for Chapter 11 bankruptcy in the US Southern District of New York, due to “the unforeseeable impact of the Covid-19 pandemic”.

One in two Greeks are wary about opening the country up to tourists this early, claiming it poses a risk in view of the ongoing Covid-19 pandemic, a MARLAB study …

The UNWTO has outlined three possible future scenarios for international tourism in 2020, depending on how the Covid-19 crisis unfolds.

It’s too early to assess the impact of the Covid-19 pandemic on the economy but jobs are more likely to be retained, according to Greek CEOs.

The impact of the Covid-19 crisis on Greece is expected to be large due to the importance of tourism in the country, says the European Commission.

The European Union has entered the deepest economic recession in its history, due to the Covid-19 pandemic, according to the European Commission’s Spring 2020 Economic Forecast.

Germany and France believe that it is “too soon” to allow holidays, adding that a good time to reassess would be mid-June, depending on how the Covid-19 pandemic evolves.

The International Air Transport Association (IATA) says it does not support mandating Covid-19 social distancing measures that would leave the middle seats of air carriers empty.

Athens International Airport (AIA) saw traffic in April 2020 hit “rock bottom”, being 98.9% below the respective 2019 levels due to the Covid-19 pandemic.