HSBC Study: Greek Firms Expect Pre-Covid Levels in 2022

By admin 1 Δεκεμβρίου 2020 No comment

Photo source: HSBC Greek business sentiment is on the decline as the coronavirus pandemic continues, with the majority of companies expecting to return to pre-Covid-19 levels by the end of 2022, according to the HSBC Navigator annual survey released on Tuesday. More specifically, 28 percent of Greek firms are more optimistic about their business growth […]

Cruise Industry to Lose Almost $20bn Due to Covid-19 Pandemic

By admin 30 Νοεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Cruise line revenues practically disappeared since the Covid-19 pandemic hit in March, with all of the largest operators reporting double-digit sales drops. According to data presented by Stock Apps, the entire cruise industry is expected to lose $19.6 billion in revenue amid the coronavirus pandemic in 2020, a 71 percent plunge year-over-year. It is reminded […]

Intra-European Travel Interest Strong for 2021, Says ETC

By admin 27 Νοεμβρίου 2020 No comment

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Europeans are still interested in traveling and appear to be planning trips in 2021 despite the resurgence in Covid-19 but more are postponing trips this year, according to a European Travel Commission (ETC) study released recently. More specifically, according to the second “Monitoring Sentiment for Domestic and Intra-European Travel: Wave 2” survey of nearly 6,000

Study: Greece Gives Good Example on How to Protect Jobs During Covid-19

By admin 27 Νοεμβρίου 2020 No comment

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Athens, Greece A study recently published on VoxEu.org, the portal of the Centre for Economic Policy Research, refers to Greece’s example as a successful approach towards limiting the impact of the coronavirus (Covid-19) pandemic on the labor market. Titled, “How to protect jobs during Covid-19: Lessons from the Greek experience”, the study compares Greece’s example […]

Passenger Traffic Down by 81% at European Airports

By admin 26 Νοεμβρίου 2020 No comment

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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 […]

Survey: Greece Among Top 3 Booking Choices for US Travelers

By admin 25 Νοεμβρίου 2020 No comment

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The famous Caryatids, which support the roof of the south porch of the Erechtheion on the Acropolis in Athens. © GTP Greece is among the top three international destinations that American travelers are booking, according to a survey on tourism recovery in the post-coronavirus era released by the United States Tour Operators Association (USTOA). The […]

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

By admin 25 Νοεμβρίου 2020 No comment

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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

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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

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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 […]