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EconomyMacroeconomy
Travel balance falls by 62.9 pct in November Greece’s travel balance came to 40.4 million euros in November from 108.8 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 62.9 percent year-on-year (YoY).
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EconomyMacroeconomy
Travel surplus up to Oct down by 78.2 pct as receipts plummet Greece’s travel balance in October came to a surplus of 472.2 million euros from a surplus of 1.2 billion a year ago, a drop of 60.7 percent year-on-year (YoY).
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EconomyMacroeconomy
Turnover in tourism drops by 62.6 pct in Q3 The turnover index in accommodation and food services fell by 62.6 percent year-on-year (YoY) in the third quarter (Q3), recovering from a decrease of 84.2 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.
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EconomyMacroeconomy
Travel balance falls by 70.9 pct in September as 12.6 bln in receipts vanish in aggregate Greece’s travel balance came to 776.5 million euros in September from 2.67 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 70.9 percent year-on-year (YoY).
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EconomyFeatures
Greece among hardest hit in Covid-related drop for European arrivals The European Travel Commission (ETC) has examined tourism trends in the light of the second coronavirus wave and found that arrivals in Europe in the first eight months of the year were down by 68 percent compared to 2019.
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EconomyMacroeconomy
Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate Greece’s travel balance came to 1.32 billion euros in August from 3.87 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 65.9 percent year-on-year (YoY).
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EconomyFeatures
Survey finds only 60 pct of hotels operated in the year so far The Hellenic Chamber of Hotels (HCH) has released a new survey of its members which shows the troubled state of Greece’s hotel sector in the midst of the coronavirus pandemic.
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EconomyFeatures
Latest air traffic data emphasises tourism's difficulties as 2019 data reveals bumper year That latest air traffic data has highlighted what a terrible year the Greek tourism sector is going through, just as newly released 2019 figures highlighted an increase in arrivals and receipts last year.
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EconomyFeatures
Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct The tourism industry helped Greece generate almost up to a third of its GDP last year, according to a new study, but the low number of arrivals this year could shave off a tenth of national output this year.
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EconomyMacroeconomy
Travel balance falls by 85.1 pct in July Greece’s travel balance came to 516.4 million euros in July from 3.47 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 85.1 percent year-on-year (YoY).