Immediate actions are needed for Greek hotels to cope with the coronavirus (Covid-19) pandemic, as the country’s tourism at the moment is at its lowest level, according to Hellenic Chamber of Hotels (HCH) President Alexandros Vassilikos. “Tourism is currently at zero and hotels are sending out an SOS call,” Vassilikos stressed during a web press […]
Greek tourism may possibly start showing signs of recovery in the next year, according to findings released by SETE Intelligence (INSETE) in a study examining the sector’s outlook after the coronavirus (Covid-19) health emergency subsides. INSETE is the Greek Tourism Confederation’s (SETE) research body. As underlined in the study, Greek tourism stakeholders are
According to an Economist report last week, the coronavirus (Covid-19) pandemic is expected to impact Greece’s tourism sector more than in any other country in the eurozone. Referring to Greece’s improving economy after a nearly 10-year depression and expectations for a positive 2020 relying in large part on tourism, the report cites analyst Jakob Suwalski […]
“It took Europe’s airports 12 months in 2009 to lose 100 million passengers. With Covid-19, it just took 31 days…” – ACI Europe Europe’s airports lost 106 million passengers in March due to the coronavirus (Covid-19) outbreak, surpassing the total lost in the whole of 2009, according to figures released on Friday, by ACI Europe. […]
Source: INSETE Greek tourism stakeholders are counting on the country’s strong brand name to play a key role in the sector’s recovery after the coronavirus (Covid-19) pandemic subsides, according to a study released this week by SETE Intelligence (INSETE), the Greek Tourism Confederation’s (SETE) research body. According to INSETE analysts, safeguarding Greece’s reputation
The balance of travel services in Greece last year posted a surplus of some 15.4 billion euros, up 11.1 percent from a surplus of 13.8 billion in 2018, the Bank of Greece (BoG) said on Thursday. According to BoG’s final data for the year 2019, the development was due to the stronger increase in travel […]
The world’s economy is expected to shrink by 2.5 percent in 2020 hit by the coronavirus (Covid-19) pandemic and its effect on demand and supply channels, according to the Economist Intelligence Unit (EIU). Initial estimates had global GDP growth at 2.3 percent. The expected post-coronavirus contraction is deeper than during the global financial crisis due […]
In efforts to keep the travel and tourism sector above water after the coronavirus pandemic subsides, Deutsche Bank suggests a number of actions to ensure a balance between health risks, economic damage control and travel. One proposed action sees vacationers presenting special medical or immunity certificates to the destinations they visit. According to the Deutsche […]
Photo Source: @ACI Europe Europe’s aviation stakeholders are calling on EU governments to step up actions aimed at protecting the industry from falling into liquidity as the Covid-19 crisis pushes ahead. Airlines for Europe (A4E), Airline Catering Association (ACA), Airports Council International (ACI EUROPE), Airport Services Association (ASA), The European Travel Agents’
The Greek economy is expected to suffer a blow once the coronavirus pandemic subsides due to its heavy reliance on tourism, according to the Organization for Economic Cooperation and Development (OECD) on the back of a previous study that found the impact of the health emergency on global tourism to last throughout the year. More […]


















