Forbes Poll: Luxury Hoteliers Say ‘Worst of Covid-19 Crisis Over’

By admin 2 Οκτωβρίου 2020 No comment

More than half of luxury hoteliers polled by Forbes Travel Guide (FTG) are expressing optimism that the Covid-19 crisis is subsiding but expect the road to recovery to be long. Indicatively, 54 percent of luxury hotel proprietors believe the worst of the crisis is over with 63 percent claiming business will return to sustainable levels […]

Coronavirus Hits Greek MICE Industry Hard

By admin 1 Οκτωβρίου 2020 No comment

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Greece’s MICE industry has been significantly impacted by the Covid-19 (coronavirus) pandemic, with sector professionals forecasting a severe drop in arrivals and revenues for 2020 due to the mass cancellation of conferences and events. According to a survey conducted by the Hellenic Association of Professional Congress Organizers (HAPCO), the City of Athens Convention and

EBRD: Slow Economic Recovery Due to Covid-19 Uncertainty

By admin 1 Οκτωβρίου 2020 No comment

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Photo Source: EBRD The European Bank for Reconstruction and Development (EBRD) is forecasting an overall 3.9 percent contraction across its 38 economies in 2020 and a 3.6 percent return to growth in 2021, it said this week. The EBRD report cites a high level of uncertainty due to Covid-19 and reveals that more people in EBRD […]

Covid-19: Tourism Minister Expects Greece to Recover 20% of Last Year’s Revenue

By admin 1 Οκτωβρίου 2020 No comment

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Photo ©Maria Theofanopoulou A total of 3.9 million visitors mainly from Europe have traveled to Greece so far this year, equal to 22 percent of arrivals in the same period last year, with tourism-related revenues expected to reach 20 percent of the 2019 total by the end of 2020, said Greek Tourism Minister Harry Theoharis […]

Tourism Investments to Drive Growth for Greece, Says EY Survey

By admin 30 Σεπτεμβρίου 2020 No comment

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Photo source: ey.com Foreign investments in tourism, logistics and real estate are set to drive growth for Greece in the coming years, according to the EY Attractiveness Survey for 2020 presented during a Capital Link webinar this week. The study, which examined the views of global investors on the attractiveness of the country, found tourism […]

Greece Sees Most 2019 Int’l Air Arrivals in April-October, Study Shows

By admin 30 Σεπτεμβρίου 2020 No comment

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The majority of international arrivals to Greece in 2018 and 2019 was recorded in the April to October period for both years, according to a study released this week by SETE Intelligence (INSETE), the research department of the Greek Tourism Confederation (SETE). More specifically, the seven-month period in both years accounted for 87 percent of all arrivals […]

UNWTO and Thessaloniki Tourism Organization Share Insight on Future of Travel

By admin 30 Σεπτεμβρίου 2020 No comment

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The impact of the Covid-19 health crisis on international travel & tourism, and ways of achieving recovery were discussed during a webinar held recently by the Thessaloniki Tourism Organization and the World Tourism Organization (UNWTO). Titled, “Instrumental analysis: A clear vision amid crisis”, the webinar revealed the latest data in tourism arrivals and revenues

Global Air Travel Expected to Tumble by 66% in 2020

By admin 29 Σεπτεμβρίου 2020 No comment

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Photo source: IATA The International Air Transport Association (IATA) on Tuesday said it now expects full-year 2020 air traffic to be down 66 percent compared to 2019, due to the impact of the coronavirus (Covid-19). The previous estimate was for a 63 percent decline. The association downgraded its traffic forecast for 2020 to reflect a […]

Greek Tourism Study: Highest-spending Travelers Visited South Aegean Region in 2019

By admin 29 Σεπτεμβρίου 2020 No comment

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The South Aegean Region won over Greece’s highest spending travelers in 2019 marking a 12.7 percent increase against the previous year, according to a study released this week by SETE Intelligence (INSETE), the research department of the Greek Tourism Confederation (SETE). The region, which includes the popular islands of Paros, Mykonos and Rhodes, recorded an

WTTC Calls for Global Coordinated Approach to Rebuild Travel Confidence

By admin 28 Σεπτεμβρίου 2020 No comment

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The international travel and tourism industry needs a global coordinated approach that will enhance the travel experience, embrace new technologies and enact global health protocols in order to rebuild the confidence of travelers in a post-Covid-19 world, a recent report by the World Travel & Tourism Council (WTTC) indicates. Compiled in collaboration with Oliver