Coronavirus: 40% of Destinations Have Eased Travel Restrictions

By admin 31 Ιουλίου 2020 No comment

Forty percent of all destinations worldwide have now eased the travel restrictions they placed on international tourism in response to coronavirus (Covid-19), the World Tourism Organization (UNWTO) said on Thursday. According to the UNWTO, the latest outlook, recorded on July 19, is up from 22 percent of destinations that had eased restrictions on travel by June […]

Conference Tourism in Greece Sees Heavy Losses from Covid-19

By admin 31 Ιουλίου 2020 No comment

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Conference tourism in Greece has suffered major losses, as over 95 percent of the international events scheduled to take place in the country in 2020, have been canceled or postponed due to the coronavirus (COVID-19) crisis, a new survey said on Thursday. In the case of cancelled national events, the percentage has reached around 95 […]

TUI is Closing 166 Travel Branches in UK and Ireland

By admin 30 Ιουλίου 2020 No comment

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Travel giant TUI on Thursday announced that it will close 166 high street stores in the UK and the Republic of Ireland. According to a statement, the decision for the closures was made following changes in customer behaviour following the coronavirus (Covid-19) pandemic. The travel company said that it would look to move 70 percent […]

IATA: Air Travel to Return to pre-Covid-19 levels in 2024

By admin 29 Ιουλίου 2020 No comment

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Social distancing of passengers at airport check-in line. Photo source: IATA “Recovery delayed as international travel remains locked down.” – IATA Global passenger traffic is expected to return to 2019 levels in 2024, a year later than previously projected, according to the International Air Transport Association (IATA). During a press conference on Tuesday, IATA’s chief

Covid-19 Pushes International Tourist Arrivals Down by 56% During Jan-May

By admin 28 Ιουλίου 2020 No comment

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Travel restrictions and border shutdowns imposed in response to the coronavirus (Covid-19) pandemic led to a 56 percent year-on-year drop in tourist arrivals between January and May, according to the UNWTO World Tourism Barometer released on Tuesday. “The enormous toll of COVID-19 on international tourism has now become clear, with UNWTO data showing the cost […]

Covid-19: Greek Hotels See Low Demand in July, Can’t Predict August Occupancy

By admin 28 Ιουλίου 2020 No comment

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Almost a month after Greece reopened to international tourism, hotels in the country are seeing sluggish demand and are unsure of what will happen in August, according to the president of the Hellenic Chamber of Hotels, Alexandros Vassilikos. In a recent interview to Naftemboriki newspaper, Vassilikos said that the average occupancy rate in Greek hotels […]

Survey: 44% of Greeks Will Skip Vacation this Summer

By admin 27 Ιουλίου 2020 No comment

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The coronavirus pandemic seems to have affected the habits of Greek consumers and their willingness to travel, as 44 percent will not go on vacation this summer, a survey by the Association of Business and Retail Sales of Greece (HRBA) reveals. According to the survey’s findings, only 14 percent of consumers said they planned to […]

GlobalData: MICE Tourism May Never Fully Recover from Covid-19

By admin 24 Ιουλίου 2020 No comment

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Meetings, incentives, conferencing and exhibitions (MICE) tourism was one of the first types of tourism to be impacted by the global spread of the coronavirus (Covid-19), and could be one of the last sectors to fully return, as international business arrivals are expected to drop by 35.3 percent in 2020, says GlobalData, a leading data […]

Study: Greek Economy to Face New Test When State Covid-19 Support Stops

By admin 23 Ιουλίου 2020 No comment

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Hellenic Parliament, Athens. Photo Source: GTP The Greek economy is set to suffer another setback once the government’s Covid-19 lifeline to businesses stops, a new report released this week by research consultants Capital Economics found. More specifically, the study, which is based on Bank of Greece data released on Tuesday, reveals that Greece’s economy may […]

OECD: Covid-19 Shock Adds to Greece’s Challenges

By admin 22 Ιουλίου 2020 No comment

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Despite its swift and effective response to the coronavirus pandemic, Greece must bolster its economy with added measures, the Organization for Economic Co-operation and Development (OECD) said this week, urging at the same time the introduction of employment enhancement measures, increasing productivity growth, addressing banking system needs, and ensuring fairness and