Greece, Cyprus, Israel Deals Paving Way for Resumption of Travel

By admin 15 Φεβρουαρίου 2021 No comment

The bilateral agreements between Greece and Israel, and Cyprus and Israel that enable restriction-free admission are paving the way for a return to travel, said Greek Tourism Minister Harry Theoharis in an interview to Kathimerini Cyprus. “The agreement we just signed with Israel serves as a model for our overall strategy. Greece is advancing in […]

Greek Think-tank Sees Slower Growth, Tourism in 2021

By admin 4 Φεβρουαρίου 2021 No comment

ΤΟΥΡΙΣΜΟΣ

Athens, Syntagma square. Photo: Visit Greece / Y. Skoulas Greece’s leading think-tank the Foundation of Economic and Industrial Research (IOBE) revised downward this week Greek government forecasts for a 4.8 percent rebound in 2021 lowering the projection to a 4-4.3 percent rate in its baseline scenario. The forecast, presented in the IOBE’s quarterly report, is […]

Covid-19 Forces Greece’s Short-term Rental Market to Adjust

By admin 2 Φεβρουαρίου 2021 No comment

ΤΟΥΡΙΣΜΟΣ

The coronavirus pandemic has forced the short-term rental market in Greece and abroad to re-set its targets and focus on covering lost ground with experts expecting a return to normalcy in 2023-2024, according to findings of the 3rd BnB Greece Conference held online last month. More than 1,400 professionals managing a total of 10,500 properties […]

Greek Consumer Confidence Picks Up Marginally in December

By admin 8 Ιανουαρίου 2021 No comment

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Syntagma Square, Athens © Maria Theofanopoulou Greek consumer confidence appears to have picked up slightly in December after five months of continuous decline due to Covid-19 lockdown restrictions, according to the Foundation of Economic and Industrial Research (IOBE). More specifically, according to the influential think tank’s latest bulletin, the economic climate

Covid-19 Drives Athens Airbnb Demand Down in 2020

By admin 4 Ιανουαρίου 2021 No comment

ΤΟΥΡΙΣΜΟΣ

Demand for Airbnb short-term rentals in Athens plunged this year driving revenue down by 80 percent, according to the “Covid-19 Industry Pulse Report: Tourism” report released in December by Ernst & Young (EY). The coronavirus (Covid-19) pandemic resulted in a 76 percent drop in international arrivals to Greece driving demand down and impacting the Greek […]

EY: Greece Tourism Must Adapt to ‘New Normal’ After Covid-19

By admin 28 Δεκεμβρίου 2020 No comment

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Source: EY Greece will need to redesign its tourism strategy in order to address the impact of the coronavirus (Covid-19) pandemic and the subsequent new trends in travel, lifestyle and consumer behavior, according to the latest study released by Ernst & Young (EY). According to the “Covid-19 Industry Pulse Report: Tourism”, emerging trends in the […]

Covid-19 Drives Greece Travel Receipts Down by 73.9% in September

By admin 24 Νοεμβρίου 2020 No comment

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The ongoing Covid-19 health crisis drove inbound traffic to Greece down by 73.9 percent year-on-year in September to 1,335 thousand and travel receipts by 71.4 percent, according to data released this week by the Bank of Greece. More specifically, the number of passenger arrivals through Greek airports dropped by 63.3 percent and by a massive […]

IOBE: 2021 Greek Economy Rebound Hinges on Covid-19 Vaccine

By admin 27 Οκτωβρίου 2020 No comment

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The Greek economy is expected to shrink by 8.0 percent this year due to the Covid-19 shock and by 10 percent if a new lockdown is imposed, putting hundreds of jobs at risk once relief measures are stopped, the Foundation of Economic and Industrial Research (IOBE) said recently. The country’s top think tank said on […]

August Inbound Traveler Flows to Greece Sink Due to Covid-19

By admin 23 Οκτωβρίου 2020 No comment

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The number of inbound visitors to Greece in August 2020 was down by 73.3 percent year-on-year to 1,807 thousand as a result of restrictive measures aimed at curbing the coronavirus pandemic, according to data released by the Bank of Greece. More specifically, inbound traffic through Greek airports dropped by 58.9 percent and by 96.3 percent […]

Nine-month Passenger Traffic to Greece Down by 68.9%

By admin 19 Οκτωβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Passenger traffic through Greece’s airports dropped by 68.9 percent in the first nine months of the year reflecting the impact of the Covid-19 pandemic on air travel, according to data released this week by the Hellenic Civil Aviation Authority (HCAA). A total of 16.6 million passengers went through Greek airports in the January-September period down by […]