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Covid-19 May Deliver $314bn Blow to Airline Revenues, Says IATA

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Covid 19 May Deliver $314bn Blow To Airline Revenues, Says Iata
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Airline passenger revenues may drop by $314 billion in 2020 due to the coronavirus (Covid-19) crisis, according to an updated analysis by the International Air Transport Association (IATA). The downturn sees full year passenger revenues plummet 55 percent compared to 2019, while traffic falls 48 percent. “In other words, half our business disappears. That’s catastrophic,”

Crete Educational Bodies Team Up with GNTO to Study Covid-19 Effect

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Crete Educational Bodies Team Up With Gnto To Study Covid 19 Effect
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GNTO Secretary General Dimitris Fragakis (up, right) held a video conference with the scientific teams of the Technical University of Crete and the Mediterranean Agronomic Institute of Chania. The Technical University of Crete and the Mediterranean Agronomic Institute of Chania will be teaming up with the Greek National Tourism Organization (GNTO) to contribute towards the

Covid-19: Greece Covers Canceled Bookings with Vouchers Instead of Refunds

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Covid 19: Greece Covers Canceled Bookings With Vouchers Instead Of Refunds
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The regulation allowing Greek airlines, ferries and tourism enterprises (hotels and travel agencies) to reimburse customers with 18-month vouchers for bookings that were canceled due to the coronavirus (Covid-19) pandemic, instead of cash refunds, was published in the Government Gazette on Monday. The measure ensures that holidaymakers will not lose their money and will

Greece Looks Into Safe Entry Documentation Options After Covid-19

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Greece Looks Into Safe Entry Documentation Options After Covid 19
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Greek authorities are exploring the possibility of safe entry documentation to be shown at airports in Greece upon arrival after coronavirus (Covid-19) travel restrictions are lifted. According to Greek Deputy Tourism Minister Manos Konsolas, the ministry was looking into the possibility of “entry protocols” as part its next-day plan to recover lost ground. In the […]

Covid-19: Greek Study Focuses on Previous Tourism Recovery Times After Crisis

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Covid 19: Greek Study Focuses On Previous Tourism Recovery Times After Crisis
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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