Greek tourism: -84.4% in receipts and -85.4% arrivals during July due to Covid-19

Α Decrease font Enlarge font
Greek tourism: -84.4% in receipts  and -85.4% arrivals during July due to Covid-19The balance of travel services in July 2020 showed an estimated surplus of €516 million, compared with a surplus of €3,472 million in July 2019

Based on provisional data by the Bank of Greece, the balance of travel services in July 2020 showed an estimated surplus of €516 million, compared with a surplus of €3,472 million in July 2019. More specifically, travel receipts in July 2020 fell by 84.4% to €577 million, from €3,703 million in July 2019, while travel payments also decreased by 73.7% (July 2020: €61 million, July 2019: €230 million). The fall in travel receipts resulted from an 85.4% decline in inbound traveler flows, as average expenditure per trip rose by 8.8%. Net receipts from travel services offset 32.4% of the goods deficit and accounted for 64.7% of total net receipts from services.

In January-July 2020, the balance of travel services showed a surplus of €759 million, down from a surplus of €7,549 million in the same period of 2019. Travel receipts fell by €7,862 million or 86.2% to €1,255 million, while travel payments also decreased, by €1,071 million or 68.3% to €496 million. The drop in travel receipts stemmed from a 29.2% fall in average expenditure per trip and an 80.1% decrease in inbound traveler flows. Net receipts from travel services offset 6.9% of the goods deficit and accounted for 25.7% of total net receipts from services.

Travel receipts

In July 2020, as mentioned previously, travel receipts declined by 84.4% year-on-year. In more detail, receipts from residents of EU27 countries fell by 76.6% to €467 million, while receipts from outside the EU27 decreased by 93.3% (July 2020: €110 million, July 2019: €1,641 million). The lower receipts from within the EU27 were due to decreases in receipts from euro area residents by 77.4% to €346 million (July 2019: €1,528 million) and in receipts from residents of non-euro area EU27 countries by 74.0% to €121 million. Among major countries of origin, receipts from Germany fell by 71.8% to €154 million and receipts from France decreased by 78.8% to €45 million. Turning to non-EU27 countries, receipts from the United Kingdom fell by 90.6% to €51 million, while receipts from the United States decreased by 98.7% to €3 million. Receipts from Russia also decreased, by 99.6% to €0.4 million.

In January-July 2020, travel receipts totaled €1,255 million, down by 86.2% relative to the same period of 2019. This development was driven by an 84.6% decline in receipts from residents of EU27 countries, which came to €737 million, and by an 87.4% drop in receipts from residents of non-EU27 countries to €515 million. In particular, receipts from euro area residents decreased by 85.6% to €556 million, while receipts from residents of non-euro area EU27 countries fell by 80.9% to €181 million. Specifically, receipts from Germany dropped by 85.4% to €212 million and receipts from France fell by 89.1% to €61 million. Turning to non-EU27 countries, receipts from the United Kingdom dropped by 92.1% to €103 million and receipts from the United States decreased by 89.7% to €63 million. Receipts from Russia also decreased, by 94.7% to €11 million.

Inbound traveler flows

The number of inbound visitors in July 2020 fell by 85.4% year-on-year to 828 thousand. Specifically, visitor flows through airports declined by 83.2% and visitor flows through road border-crossing points fell by 89.9%. This overall decrease was due to lower visitor flows from both within the EU27 (down 80.4%) and outside the EU27 (down 92.7%). In greater detail, the number of visitors from within the euro area fell by 78.6% to 416 thousand, while visitors from non-euro area EU27 countries fell by 82.9% (July 2020: 246 thousand, July 2019: 1,434 thousand). Specifically, the number of visitors from Germany decreased by 72.0% to 165 thousand, while visitors from France also fell by 81.5% to 53 thousand. Turning to non-EU27 countries, the number of visitors from the United Kingdom fell by 90.4% to 62 thousand, while visitors from the United States dropped by 98.7% to 2 thousand and visitors from Russia decreased by 99.6% to 0.4 thousand.

In January-July 2020, the number of inbound visitors fell by 80.1% to 3,006 thousand (January-July 2019: 15,080 thousand). Specifically, visitor flows through airports declined by 84.1% and visitor flows through road border-crossing points fell by 70.6%. In the period under review, visitors from within the EU27 dropped by 79.3% year-on-year to 1,793 thousand, while visitors from outside the EU27 decreased by 81.1% to 1,213 thousand. The number of visitors from within the euro area fell by 83.1%, while visitors from non-euro area EU27 countries dropped by 72.8%. Specifically, the number of visitors from Germany fell by 83.9% to 313 thousand, while visitors from France decreased by 89.2% to 88 thousand. Turning to non-EU27 countries, the number of visitors from the United Kingdom fell by 89.8% to 179 thousand, while visitors from the United States dropped by 85.2% to 88 thousand and visitors from Russia decreased by 91.5% to 22 thousand.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: pixabay.com

Tornos
  1. 23/10 15:18

    Athens reaches out to Syria through the Greek Orthodox community

  2. 23/10 15:14

    Four workers at Theagenio Clinic in Thessaloniki tested positive for Covid-19

  3. 23/10 15:11

    Greek PM announces new restrictions amid rise in COVID-19 cases (video)

  4. 23/10 13:12

    Greek Civil Aviation Authority restricts flights to and from Kastoria airport

  5. 23/10 13:08

    IATA: Coronavirus testing and financial support critical to saving air transport

  6. 23/10 13:07

    Turkish freighter adrift south of Greek island of Milos

  7. 23/10 13:03

    Historic Art Theatre Karolos Koun in Athens presents new digital programme

  8. 23/10 12:50

    Foreign Ministry: Israel reiterates full support and solidarity with Greece

  9. 22/10 16:53

    Impressive waterspout caught on video in Greek island of Santorini (video)

  10. 22/10 16:46

    Study: Additional costs for supermarkets due to pandemic at €96.1 million

  11. 22/10 16:24

    Quarantine at VIAL hotspot on Greek island of Chios extended to November 4

  12. 22/10 15:53

    Mohegan chief says Hellenikon casino will be big tourist magnet

  13. 22/10 15:01

    Scandinavia GNTO holds event on alternative tourism in Greece

  14. 22/10 14:59

    Canary islands join UNWTO observatory network to provide data fro sector's recovery

  15. 22/10 14:47

    Government: Covid-19 situation in Greece better than in many countries

  16. 22/10 13:39

    Prime Minister to address the Greek nation at 19:00 on Thursday

  17. 22/10 12:57

    Fuel, time and Co2 savings from airspace deal between Jordan and Israel

  18. 22/10 12:29

    Tour du Péloponnèse 2020: Success despite obstacles by Covid-19 (video)

  19. 22/10 10:12

    Sharp rise with 865 new Covid-19 cases and six fatalities in Greece

  20. 22/10 10:00

    Greece and Albania take the issue of maritime zones to Hague Court

  21. 21/10 16:01

    Ecumenical Patriarch and Pope pray for peace and pandemic's end

  22. 21/10 15:58

    Celestyal Cruises offers free travel insurance including COVID-19 coverage

  23. 21/10 15:54

    Greek Citizen Protection minister announces hiring another 800 border guards

  24. 21/10 15:49

    “Glorious Victories” show at National Archaeological Museum in Athens

  25. 21/10 15:46

    More than 10 billion-euro demand for 15-year Greek bond

  26. 21/10 14:40

    Heraklion airport in Crete to stay closed until 16:30 on Wednesday

  27. 21/10 14:40

    UNWTO and ITC cooperate to support coastal tourism in Liberia

  28. 21/10 13:32

    Citizen Protection Minister: Greek police present in battle against COVID-19

  29. 21/10 13:26

    IATA revises 2020 passenger traffic projection down for the Middle East

  30. 21/10 09:36

    AP: Mobile virus testing unit set up in downtown Athens (video)

  31. 20/10 21:58

    Global Tourism Crisis Committe: Coordination a key ingredient for recovery

  32. 20/10 21:14

    Greek Minister: 'Destination' of a well-prepared economic policy apparent

  33. 20/10 20:19

    Cyprus residents travelling abroad fall by 80.3% in September 2020

  34. 20/10 20:06

    Three bidders for underground gas facility in 'South Kavala' field in Greece

  35. 20/10 19:44

    TUI extends program to Greece until November and forecasts strong demand for 2021

  36. 20/10 17:53

    Greece to reopen 15-year bond issue with a coupon of 1.875%

  37. 20/10 15:42

    Orionid meteor shower to peak in Greece on Tuesday and Wednesday

  38. 20/10 13:39

    Greece records highest-ever number of daily cases with 667

  39. 20/10 13:27

    French woman escorting 24 students on 'Blue Star Delos' tests positive for Covid-19

  40. 20/10 09:09

    Tourist arrivals drop 83.4% in Cyprus during September 2020

  41. 19/10 22:34

    Natural History Museum of Meteora and Mushroom Museum win new prizes

  42. 19/10 22:10

    Dutch royal family cut holidays to Greece short following uproar for ‘non essential travel’

  43. 19/10 20:06

    International consortium lowest bidder for Athens Metro Line 4 project

  44. 19/10 11:07

    Melbourne set for New Greek Museum which could compete with the planet's best

  45. 19/10 10:37

    Greece confirms 438 Covid-19 cases and nine fatalities on Sunday

  46. 19/10 10:31

    AP: COVID-19 case in Vatican Hotel recorded where Pope lives

  47. 19/10 10:24

    Analysis of 43 Neolithic skeletons of Theopetra Cave in Greece shows diet of cereals and little meat

  48. 19/10 09:53

    Greek Prime Minister Mitsotakis to visit 'Sotiria' hospital in Athens

  49. 18/10 12:08

    One hundred and one recognised refugees left Greece for Germany

  50. 18/10 12:01

    Covid-19: First local lockdown in Kozani prefecture of Northern Greece

  51. 18/10 11:56

    Russian Foreign Minister Lavrov to visit Greece on October 26

  52. 18/10 11:48

    PM from Evros borders: New fence is the least we can do to make Greeks feel safe

  53. 18/10 11:32

    French President: We will not back down an inch to Turkish provocations

  54. 18/10 11:28

    482 new Covid-19 cases and ten fatalities recorded in Greece on Saturday

  55. 18/10 11:03

    WTTC Consumer Survey: 70% of US and Canadian travelers plan to holiday in 2021

  56. 18/10 09:17

    PM on Samothrace: Borderland Greece and border islands our top priority

  57. 17/10 21:13

    German Foreign Ministry: Only Greece safe for travel

  58. 17/10 21:09

    UNWTO and Expedia to share data and insights to assist tourism recovery

  59. 17/10 20:34

    Four candidates in tender to purchase at least 67% of Alexandroupolis port in Greece

  60. 17/10 19:05

    Minister appeals to Ioannina residents to help break rising of infections

  61. 17/10 17:57

    World Health Organization launches Europe Office for Quality of Health Care in Athens

  62. 17/10 15:50

    IATA hails US military report on low risk of COVID-19 transmitted on a flight

  63. 17/10 13:45

    Greek island of Crete remains a safe destination for UK travelers

  64. 17/10 11:40

    Mt. Athos treasures in digitized exhibition at Athens Concert Hall

  65. 17/10 11:29

    Partnership to support aviation safety oversight in the Netherlands

  66. 17/10 11:23

    Greece among eight best honeymoon destinations on Pinterest

  67. 17/10 10:17

    European Council head calls Turkish gas exploration a “provocation”

  68. 17/10 09:21

    Greece records 508 new Covid-19 cases and eight deaths on Friday

  69. 16/10 14:43

    Hotel amenities by NEF-NEF

  70. 15/10 20:40

    UNWTO delegation in Brussels for discussions with European institution leaders

  71. 15/10 10:48

    Greece launches interactive “Covid-19 Map” with data on current cases

  72. 15/10 08:20

    Greek National Defense Minister meets with visiting US Assisatnt Secretary

  73. 15/10 07:04

    Greek President meets with Bulgarian counterpart in Athens

  74. 14/10 22:51

    436 new Covid-19 cases and six deaths recorded in Greece on Wednesday

  75. 14/10 21:44

    AP: Cyprus cancels maligned “golden passport” scheme (video)

  76. 14/10 21:33

    IMF forecast: Greece to return to primary surpluses from 2022

  77. 14/10 20:57

    Conde Nast Traveler Readers’ Awards: Six Greek islands in the top-10 in Europe

  78. 14/10 20:54

    Greek PM meets with GEK Terna and Mohegan CEOs on Hellenikon casino

  79. 14/10 19:47

    UNWTO delegation in Brussels for talks with EU Institution leaders over pandemic

  80. 14/10 19:03

    Greek Foreign Minister meets with Iraqi counterpart in Baghdad

  81. 14/10 17:43

    VIAL hotspot on Chios island under lockdown after Covid-19 infections

  82. 14/10 15:56

    IATA Director General's remarks during media briefing on pandemic on October 13

  83. 14/10 13:37

    ACI and IATA call for urgent industry-wide effort to support recovery

  84. 14/10 10:26

    Failure to coordinate travel restrictions puts millions of jobs at risk

  85. 14/10 09:57

    Covid-19: Growing concern over the course of the pandemic in Greece

  86. 14/10 09:51

    Hermes AHEPA Chapter 186 moves forward virtually due to Covid-19

  87. 13/10 15:23

    Airbnb announces new health and safety mandate for safer Travel

  88. 13/10 15:20

    12th Annual Capital Link New York Maritime Forum on October 14-15

  89. 13/10 15:11

    Hilton survey unveils that Americans are missing travel the most

  90. 13/10 15:07

    Greek wage employment flows balance remains positive in September

  91. 13/10 14:58

    Greece records 295 new Covid-19 cases and seven fatalities on Monday

  92. 13/10 13:54

    Cyprus abolishes Golden Visas scheme after video alleges corruption

  93. 13/10 12:49

    Heavy rain causes problems in many parts of Attica in Greece

  94. 13/10 11:45

    Navarino Challenge event rescheduled in Greece for October 15-17, 2021

  95. 13/10 10:02

    AP: Cyprus reinstates coronavirus restrictions on public and private gatherings

  96. 13/10 09:41

    Greek PM to meet with Foreign Ministers of Canada, Germany on Tuesday

  97. 12/10 21:47

    Athens metro work stoppage on Thursday from 14:00 to 17:00

  98. 12/10 15:56

    The continuous evolution is our secret of success

  99. 12/10 11:25

    Alexandras Avenue in Athens closed due to rally outside Court of Appeal

  100. 12/10 11:19

    Greek government ships hundreds of books to Latin American Diaspora