Greek tourism revenue suffered a massive blow in May 2020 – the first month of the tourism season – due to the outbreak of Covid-19 with travel receipts plummeting by 99.2 percent to 13 million euros from 1.56 billion euros in May last year, according to tentative data released by the Bank of Greece (BoG) […]
Agios Sostis beach, Mykonos © Maria Theofanopoulou Greece is home to more secluded beaches than anywhere in Europe, a recent survey by UK online travel agency loveholidays reveals. Loveholidays searched TripAdvisor reviews to discover destinations with the highest proportion of mentions of “secluded”, “isolated”, “remote” and “hidden”. More than a third (seven) of the
Despite Covid-19 and a constantly changing travel landscape, tourists are giving the Greek islands thumbs up opting to mainly visit five islands in the Cyclades and Dodecanese, according to data released recently by Greece’s civil aviation authority and regional airport manager Fraport Greece and provided by the Region of the South Aegean. More specifically, the […]
The Hellenic Civil Aviation Authority (HCAA) recently reported a 75 percent drop in passenger numbers in Greek airports for the first six months of 2020, compared to the same period in 2019. “As it appears in the statistics, all airports continue to record a large drop in passenger traffic due to travel restrictions imposed in […]
Greece is among the top five most searched for quarantine-free destinations for British travelers, according to data provided by ESTA, a US visa application assistance and processing firm. COVID-19 travel restrictions have put a hold on tourism activity for some time. However, according to ESTA, the UK government’s new quarantine-free destinations announcement means that
Covid-19 is expected to lead to a 20 percent reduction in Greece’s tourism revenue this year compared to 18-19 billion euros in 2019, according to Nikos Vettas, head of the country’s leading think-tank, the Foundation of Economic and Industrial Research (IOBE). Addressing the “Post-Pandemic Recovery of Black Sea Economies” webinar organized last week by the […]
Dmitry Kalinovsky / Shutterstock.com Greek hoteliers are expecting to see their turnover drop by 67 percent this year with 6.4 percent opting to remain closed due to lagging demand and lack of liquidity, as a result of the Covid-19 crisis, the fourth study in series carried out by the Institute for Tourism Research and Forecasts […]
Foreign investors still have a positive perception of Greece despite the coronavirus (Covid-19) pandemic but proceeding with reforms will be critical for implementation of projects, according to the latest Ernst & Young (EY) report released this week. The coronavirus crisis appears to have had an impact on foreign investors’ plans for Greece, but not to […]
Athens, Greece More than half (56 percent) of Greeks are concerned about the possible introduction of new austerity measures due to Covid-19 like those introduced during the 2009 economic crisis, a new study released this week by the Athens Chamber of Commerce and Industry (EBEA) found. At the same time, faced with urgent financial difficulties […]
Athens, Greece. Photo © Maria Theofanopoulou Covid-19 has impacted the Greek hotel sector taking a 350-million-euro bite out of revenues for hotels in Athens and Thessaloniki, according to a new study released this week by GBR Consulting. Carried out on behalf of the Athens-Attica & Argosaronikos Hotel Association and the Thessaloniki Hotels


















