Moody’s: Greece’s Debt Durable Despite Tourism Decline

By admin 31 Αυγούστου 2020 No comment

Athens, Greece Despite the slowdown in tourism and the far-reaching repercussions of the coronavirus (Covid-19) pandemic, Greece’s debt remains durable, Moody’s Investors Service said in a report this month. According to the ratings firm, Southern European countries, which rely greatly on tourism, are most exposed to the credit impact. However, Moody’s retained its “B1”

Thessaloniki Chamber Urges Relief Measures for TIF Organizer

By admin 28 Αυγούστου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Photo Source: @TIF-Helexpo Thessaloniki’s Chamber of Commerce and Industry (TCCI) is calling on the government to implement support measures to cover the losses incurred following the cancelation earlier this month, of the country’s largest and most influential fair – the Thessaloniki International Fair (TIF) due to Covid-19. TCCI

Athens Hotels 7-month Occupancy Down by 49.2% Due to Covid-19

By admin 27 Αυγούστου 2020 No comment

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Athens, Greece The Greek capital’s hospitality sector suffered a major blow due to the coronavirus pandemic in the first seven months of the year marking a 49.2 percent decline in occupancy, according to data released on Thursday by the Athens – Attica & Argosaronic Hotel Association. More specifically, according to the study conducted by GBR Consulting,

Study: Coronavirus Affecting Leisure Travel More

By admin 27 Αυγούστου 2020 No comment

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Leisure travel appears to be among the hardest-hit segments with business travel the least affected by the coronavirus pandemic, according to the latest report by Swiss research agency m1nd-set. Global uncertainty due to the crisis reveals that Covid-19 will have a greater impact on leisure travel as 45 percent of Europeans say their plans for […]

Study: Tourists Ready to Travel, If Safety Measures Are in Place

By admin 26 Αυγούστου 2020 No comment

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Photo Source: Travelport The majority of travelers are now ready to consider booking domestic and international trips, but only if airlines, airports, hotels and car rental companies collectively implement 10 different safety measures throughout their journey, including fully flexible or refundable flight tickets. A study released by Travelport found that at all

Gloomy Outlook Ahead for Greek Hoteliers

By admin 25 Αυγούστου 2020 No comment

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Setting priorities and implementing immediate relief measures for tourism enterprises hit by the coronavirus (Covid-19) pandemic are crucial if Greece wants to be ready for 2021. “The year is over, we are now fighting for 2021,” said Hellenic Federation of Hoteliers (POX) President Grigoris Tasios who echoed Greek Tourism Confederation (SETE) President Yiannis Retsos’

SETE: Greece’s Tourism Sector Needs Support into 2021

By admin 25 Αυγούστου 2020 No comment

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As the main tourist season for Greece comes to a close and the impact of Covid-19 lingers, the Greek Tourism Confederation (SETE) has made six proposals aimed at helping businesses survive. SETE proposals, sent in letter to labor and economy ministers, include job retainment measures through to March 31, 2021, noting that initial forecasts of […]

Greek Gov’t Mulls Tax Relief for Covid-hit Businesses

By admin 25 Αυγούστου 2020 No comment

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Andrianou Street in Plaka, Athens. Photo © Maria Theofanopoulou Greek business owners impacted by the Covid-19 health crisis will have more time until the end of the year to pay off their tax obligations, said Alternate Finance Minister Theodoros Skylakakis. Referring to seasonal enterprises – those mostly active in tourism – Skylakakis told ANT1 TV […]

UN Chief: Covid-19 Puts 100 Million Tourism Jobs at Risk

By admin 25 Αυγούστου 2020 No comment

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Photo Source: UNWTO The global tourism industry has been hit hard by the coronavirus (Covid-19) pandemic, putting as many as 100 million direct tourism jobs at risk, United Nations Secretary General Antonio Guterres said in a policy brief that was released on Tuesday. The policy brief refered to the impact that the pandemic has had […]

Greece Expects Tourism Revenues to Reach €5bn in 2020

By admin 24 Αυγούστου 2020 No comment

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Greece’s government spokesman, Stelios Petsas. Photo source: Media.Gov.gr Greece’s tourism revenues will reach 5 billion euros this year, Government Spokesperson Stelios Petsas said on Tuesday. Speaking on Greek public broadcaster ERT, Petsas said that restarting tourism in Greece was a positive move that will generate 5 billion euros in revenues for 2020. “This is a […]