Τhe UNWTO sent out a public message on May 1, warning that millions of tourism jobs are at stake due to the COVID-19 pandemic: For many millions of people around the world, tourism is so much more than a leisure activity. Our sector gives them the chance to make a living. To earn not just […]
South Korea’s two state-owned banks, the Korea Development Bank (KDB) and the Export-Import Bank of Korea (Exim Bank), will reportedly give up to 1.2 trillion won ($971 million) in liquidity to Korean Air Lines to help the company stay afloat during the Covid-19 pandemic. KDB and Exim Bank will provide Korean Air with 200 billion […]
More than half of Greeks participating in a study said they were willing to accept a vacation discount coupon in order to go on holiday as part of efforts to stimulate domestic tourism in the aftermath of the coronavirus (Covid-19) pandemic. More specifically, according to a study released this week by MARLAB, with 75 percent […]
The Covid-19 pandemic has caused the most severe restriction on international travel in history and no country has so far lifted restrictions introduced in response to the crisis, the World Tourism Organization (UNWTO) recently said. Following up on previous research, the latest data from the UNWTO shows that 100 percent of destinations now have restrictions […]
Travel review website Tripadvisor recently announced a workforce reduction that will impact more than 900 employees, due to the effects of the coronavirus pandemic on its business. The job impacts across Tripadvisor’s global workforce includes the elimination of the roles of more than 600 employees in the United States and Canada; and nearly 300 staff […]
The European Commission on Monday said that it approved a state-guaranteed 550 million euros public loan in favour of German charter airline Condor. The measure aims to partly compensate the airline for the damage suffered due to the Covid-19 outbreak. More specifically, Condor will receive a loan of 294 million euros as corona aid as […]
Greek hoteliers recently requested for the temporary suspension of short-term rental leases for private properties (Airbnb-type rentals), citing reasons of public health due to the Covid-19 pandemic. The request was made by the Hellenic Hoteliers Federation (POX) and the Hellenic Chamber of Hotels in a letter sent to a number of Greek ministries, with proposals […]
“The whole cycle of tourism is being wiped out by the pandemic.” – WTTC President & CEO Gloria Guevara The Travel & Tourism sector faces a staggering 100 million job losses due to the coronavirus pandemic, the World Travel & Tourism Council (WTTC) said on Friday. “This is a staggering and deeply worrying change in […]
The coronavirus (Covid-19) health crisis is forecast at leading to a 52 percent decline in the number of passengers to Greece this year and an overall 10.1 billion dollar loss in tourism-related revenue, according to the latest report released by the International Air Transport Association (IATA) this week. According to updated estimates, Covid-19 may lead to 3.8
Following the loss of bookings in recent months, a growing number of Airbnb hosts around the world have deleted their Airbnb listings to make way for month-to-month leasing, says GlobalData, a leading data and analytics company. According to Ralph Hollister, GlobalData’s travel and tourism analyst, hosts in the US are using listing services like Kopa, […]


















