Passenger Traffic Down by 81% at European Airports

By admin 26 Νοεμβρίου 2020 No comment

Photo source: @ACI Europe Passenger traffic at European airports has decreased by 81 percent as a result of quarantine-based travel restrictions in many areas, ACI Europe said. The organization’s overall figures reflect data up to and including November across the European airport networks, with the stark lost passenger threshold of 1.5 billion so far this year […]

Greek Tourism Body SETE Calls for Extra Covid-19 Relief

By admin 25 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

SETE President Yiannis Retsos Deferring until 30 April 2021 insurance contribution payments and boosting liquidity are among the proposals made by the Greek Tourism Confederation (SETE) to provide much-needed relief to sector enterprises that have been impacted by the coronavirus (Covid-19) pandemic and the ongoing containment measures. In a letter to Finance Minister

AEGEAN Posts €187.1m Loss in First 9 Months of 2020 Due to Covid-19

By admin 25 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Photo © GTP Greek airline company AEGEAN posted a loss of 187.1 million euros during the first nine months of 2020 as a result of the coronavirus (Covid-19) pandemic. In its trading update for the third quarter and nine-month period ending September 30, AEGEAN notes that although the partial lifting of travel restrictions across Europe […]

Airlines: Covid-19 Crisis to Continue into 2021, Losses Expected to Reach $157 Billion

By admin 25 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Deep losses for the airline industry will continue into 2021 due to the impact of the coronavirus (Covid-19), the International Air Transport Association (IATA) said on Tuesday. In a revised outlook for airline industry performance in 2020 and 2021, IATA said it expects a net loss of $118.5 billion for 2020 (deeper than the $84.3 billion […]

Covid-19 Hits Greek Tourism Industry Full Force, Says ICAP Study

By admin 24 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Greece’s tourism industry, one of the country’s major economic drivers and employers, has felt the brunt of the Covid-19 pandemic set to record losses of up to 66 percent, according to the latest study released by ICAP this month. Conducted on a sample of 1,513 Greek businesses in September and October, the study reveals that […]

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

By admin 24 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

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 […]

Phocuswright: Travel Not Expected to Fully Recover from Covid-19 Before 2025

By admin 24 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Travel will begin to pick up in 2021 but the sector is not expected to fully recover from the impact of the coronavirus (Covid-19) crisis before 2025, according to a study of global tourism industry research company Phocuswright. Presenting data to the audience of the virtual 4th International Hospitality Forum, held by the Hellenic Chamber […]

State, Shareholders to Inject Capital into Greece’s Covid-hit AEGEAN Airlines

By admin 23 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Photo source: @Aegean Airlines The Greek government and shareholders in national carrier AEGEAN are awaiting European Commission approval to inject a total of 180 million euros to safeguard the airline which has been hit hard by the coronavirus (Covid-19) pandemic. Contributing annually more than 400 million euros to the Greek economy, AEGEAN is in for an […]

Greek Q3 Hotel, F&B Services Turnover Hit Hard by Covid-19

By admin 23 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Photo: GTP Greek hotel and F&B services providers saw turnover plunge in the third quarter (Q3) of the year hit hard by the Covid-19 shock with losses coming to 3.2 billion euros, the Hellenic Statistical Authority (ELSTAT) recently announced. More specifically, accommodation sector Q3 turnover slumped by 61.4 percent to 1.56 billion euros against the

Analysis: No Correlation Between Covid-19 Infection Rates and Air Passenger Traffic

By admin 18 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Photo source: UNWTO Increases in air passenger volumes are not correlated to any level of statistical significance with changes in Covid-19 infection (positivity) rates in Europe, according to a new analysis released by ACI Europe. The analysis, presented on Tuesday at the association’s virtual annual congress, covered the months of July, August and September when […]