Covid-19 The Day After – efforts and initiatives IMF: 2020 Outlook for Global Growth Negative but Recovery in 2021 by GTP editing team 26 March 2020 by GTP editing team 26 March 2020 The coronavirus epidemic may push the global economy into recession, but the faster the virus stops, the quicker and stronger the recovery will be, IMF says. 0 FacebookTwitterLinkedinWhatsappEmail
Covid-19 Impact on tourism economy Greek Tourism Sector Recovery Depends on Covid-19 Crisis Duration, Says BoG by GTP editing team 24 March 2020 by GTP editing team 24 March 2020 The duration of the coronavirus pandemic will be the decisive factor for the Greek tourism industry’s comeback, according to the Bank of Greece (BoG). 0 FacebookTwitterLinkedinWhatsappEmail
2020 Year in Review - GTP Pre-coronavirus Travel Revenue for Greece on the Rise – January Data by GTP editing team 24 March 2020 by GTP editing team 24 March 2020 Greece’s tourism revenue was on an upward trend in January, before the coronavirus health crisis hit the country, recording a 24.4 percent rise. 0 FacebookTwitterLinkedinWhatsappEmail
Covid-19 Impact on tourism economy Covid-19: Major Drop in Passenger Traffic for Greek Ferries by GTP editing team 24 March 2020 by GTP editing team 24 March 2020 Passenger traffic on Greece’s coastal shipping transport services significantly decreased by 76.25 percent between March 16-22. 0 FacebookTwitterLinkedinWhatsappEmail
Air Travel IATA: Air Transport Industry to Receive Deeper Revenue Hit by Covid-19 by GTP editing team 24 March 2020 by GTP editing team 24 March 2020 The passenger revenues of the air transport industry for 2020 could plummet $252 billion or 44% below 2019’s figure due to the Covid-19 pandemic, according to IATA’s new estimate. 0 FacebookTwitterLinkedinWhatsappEmail
Air Travel Covid-19 Throws Airline Industry into the Eye of the Storm by GTP editing team 23 March 2020 by GTP editing team 23 March 2020 Global air travel is among the industries hardest hit by the coronavirus pandemic, according to recent data by OAG Aviation Worldwide. 0 FacebookTwitterLinkedinWhatsappEmail
Covid-19 Impact on tourism economy Greek Think Tank: Covid-19 to Affect Six out of 10 SMEs by GTP editing team 19 March 2020 by GTP editing team 19 March 2020 Six out of 10 small and medium-sized businesses may suffer the blow of the coronavirus health crisis as they watch their sales plummet, an Endeavor Greece study reveals. 0 FacebookTwitterLinkedinWhatsappEmail
Air Travel IATA: Airlines will Need Emergency Aid Up to $200bn by GTP editing team 19 March 2020 by GTP editing team 19 March 2020 Emergency aid of up to $200 billion is required for airlines due to the evaporation of air travel demand caused by Covid-19, says IATA. 0 FacebookTwitterLinkedinWhatsappEmail
Covid-19 Impact on tourism economy ILO: Tourism & Hospitality Among Most Vulnerable to Covid-19 by GTP editing team 19 March 2020 by GTP editing team 19 March 2020 Jobs in the services sector, tourism, travel and retail are especially vulnerable to the coronavirus health crisis, according to the International Labor Organization (ILO). 0 FacebookTwitterLinkedinWhatsappEmail
Covid-19 Impact on tourism economy Study: Thousands of Tourism Jobs at Risk in Greece due to Covid-19 by GTP editing team 18 March 2020 by GTP editing team 18 March 2020 The coronavirus outbreak is expected to have serious repercussions on Greece’s tourism industry, threatening thousands of jobs, according to the KEPE research center. 0 FacebookTwitterLinkedinWhatsappEmail
Covid-19 Impact on tourism economy Covid-19 Costs Greek Hotels €522m in Losses by GTP editing team 17 March 2020 by GTP editing team 17 March 2020 Cancellations up until now at Greek hotels, due to the coronavirus outbreak, are estimated to have cost 522 million euros in losses for the industry. 0 FacebookTwitterLinkedinWhatsappEmail
Covid-19 Impact on tourism economy KEPE: Scenarios for Covid-19 Impact on Greek Economy by GTP editing team 16 March 2020 by GTP editing team 16 March 2020 Greece’s Centre of Planning & Economic Research (KEPE) has presented three scenarios on the impact the coronavirus may have on the Greek economy. 0 FacebookTwitterLinkedinWhatsappEmail
Air Travel CAPA: Most World Airlines Will Go Bankrupt By End of May by GTP editing team 16 March 2020 by GTP editing team 16 March 2020 By the end of May 2020, most airlines in the world will be bankrupt due to the coronavirus pandemic, unless governments and the industry take action immediately, according to CAPA … 0 FacebookTwitterLinkedinWhatsappEmail
Air Travel Covid-19: Airline Alliances Expect ‘Ripple Effect’ in Industry by GTP editing team 16 March 2020 by GTP editing team 16 March 2020 Oneworld, SkyTeam and Star Alliance expect the impact of the coronavirus pandemic to have a ripple effect through the value chain that supports the airline industry and are requesting for … 0 FacebookTwitterLinkedinWhatsappEmail
Covid-19 Impact on tourism economy AirDNA: Covid-19 Hits Short-term Rental Market by GTP editing team 16 March 2020 by GTP editing team 16 March 2020 The first signs of Covid-19’s effect on the short-term rental market have emerged with thousands of cancelations worldwide, according to AirDNA. 0 FacebookTwitterLinkedinWhatsappEmail
Air Travel IATA Warns Covid-19 Travel Bans Will Have Broad Repercussions by GTP editing team 13 March 2020 by GTP editing team 13 March 2020 Government decisions restricting travel due to the coronavirus pandemic may lead to adverse economic repercussions, IATA warns. 0 FacebookTwitterLinkedinWhatsappEmail
Covid-19 Impact on tourism economy Citigroup: Greek Tourism Industry Vulnerable Due to Covid-19 by GTP editing team 12 March 2020 by GTP editing team 12 March 2020 The Greek tourism industry may find itself exposed in the aftermath of the Covid-19 pandemic scoring 38.2 out of 100 on Citigroup’s latest report. 0 FacebookTwitterLinkedinWhatsappEmail
Air Travel ACI World: Covid-19 a Blow to Global Airport Traffic, Revenue by GTP editing team 11 March 2020 by GTP editing team 11 March 2020 The coronavirus outbreak is set to drive international airport passenger traffic volume down in the first quarter of 2020, according to ACI World. 0 FacebookTwitterLinkedinWhatsappEmail
Covid-19 Impact on tourism economy Greece’s Off-season Hotel Bookings Affected By Coronavirus Outbreak by GTP editing team 10 March 2020 by GTP editing team 10 March 2020 Hotel bookings in Greece for stay during off-season months have been affected by concerns surrounding the spread of the coronavirus. 0 FacebookTwitterLinkedinWhatsappEmail
Covid-19 Impact on tourism economy Coronavirus Threatens 2020 Int’l Tourist Arrivals by GTP editing team 6 March 2020 by GTP editing team 6 March 2020 The UNWTO has revised its 2020 prospects and sees a decrease in international tourist arrivals and receipts this year due to the coronavirus outbreak. 0 FacebookTwitterLinkedinWhatsappEmail