Home Posts tagged Covid-19 Impact on tourism economy (Page 12)

Greek Hotels Still Have ‘a Long Way to Go’ to Recover from Covid-19 Losses

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Greek Hotels Still Have ‘a Long Way To Go’ To Recover From Covid 19 Losses
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Greek Tourism Minister Vassilis Kikilias, Hellenic Hoteliers Federation President Grigoris Tasios and Deputy Interior Minister responsible for Macedonia and Thrace Stavros Kalafatis. Greek tourism this season may have saw a rebound better than expected, but the country’s hotels still have ‘a long way to go’ to cover the losses of 2020 and 2021 due to […]

ECTAA: EU Package Travel Directive Must Be Revised to Better Protect Travellers Rights

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Ectaa: Eu Package Travel Directive Must Be Revised To Better Protect Travellers Rights
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Photo source: European Commission / © Synthex/Adobe Stock The European Travel Agents’ and Tour Operators’ Association (ECTAA) recently highlighted the urgent need to strengthen travellers rights in areas not addressed by the existing Package Travel Directive (PTD). Among other things ECTAA said the PTD needs to set up protection against airlines’ insolvency. “Effective

Greece’s City Hotels are Waiting for Business Travel to Return

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Greece’s City Hotels Are Waiting For Business Travel To Return
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Hellenic Chamber of Hotels President Alexandros Vassilikos has expressed concern for the country’s year-round city hotels which are feeling the impact of the slow recovery of corporate travel. Speaking during a press conference on Wednesday, Vassilikos said despite the uptick in leisure travel during the summer and into the fall, Greece’s city hotels are preparing […]

SETE Chief: Positive Greek Tourism Performance a Plus but Liquidity Still a Problem

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Sete Chief: Positive Greek Tourism Performance A Plus But Liquidity Still A Problem
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Greece may have exceeded revenues and arrivals projections for 2021, but Greek Tourism Confederation (SETE) President Yiannis Retsos is still reluctant to express optimism in view of limited liquidity for hundreds of Greek accommodation enterprises. “A four-month tourism season is not enough to cover massive losses,” said Retsos. According to the

Greece Beats 2021 Target, Recoups 50% of 2019 Tourism Revenues

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Greece Beats 2021 Target, Recoups 50% Of 2019 Tourism Revenues
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Greece achieved its goal for 2021 recovering 50 percent of pre-pandemic tourism revenues, said Tourism Minister Vassilis Kikilias, adding that the time was right to promote off-season travel and new destinations. Speaking recently on SKAI television, the minister added that international arrivals in September recouped almost 75 percent of 2019 levels for the same month.