Industry Reports & Trends

The South Aegean Region won over Greece’s highest spending travelers in 2019 marking a 12.7% increase against the previous year, says INSETE.

The International Air Transport Association (IATA) says it now expects full-year 2020 air traffic to be down 66% compared to 2019, due to the impact of Covid-19.

The international travel & tourism industry needs a global coordinated approach that will enhance the travel experience in the post-Covid-19 era, says the WTTC.

Greek Tourism Minister Harry Theoharis discussed the extension of the tourism season in Greece with TUI, as bookings are already in place for November.

Greece’s economic activity in July-August recorded an upturn with a positive impact of tourism, according to the country’s national bank.

In an attempt to win back reluctant travelers due to Covid-19, Europe’s airline companies are bringing down their rates for September through to December.

Greece’s travel receipts from abroad are expected to reach only €3 billion in 2020 due to the impact of Covid-19, according to SETE President Yiannis Retsos.

Greece’s accommodation and food services activities in July suffered the biggest blow to turnover, down by 71.4% as a result of the Covid-19 pandemic.

The lingering uncertainty which has resulted from the ongoing Covid-19 pandemic has forced CEOs in Greece and abroad to redefine future priorities, a KPMG study reveals.

Two studies released by INSETE reveal the significant role the tourism sector had on growth and employment in Greece in 2019, before the Covid-19 outbreak.