Greek Tourism Takes Plunge in 3rd Quarter Due to Covid-19

Greek tourism took a giant plunge in the third quarter due to the Covid-19 pandemic, according to the Hellenic Statistical Authority (ELSTAT) figures released on Friday.

In the accommodation sector, the turnover in the third quarter amounted to only 1.55 billion euros, recording a decrease of 61.4 percent compared to the third quarter in 2019, when it had amounted to 4.034 billion euros.

In popular tourist destinations, such as Mykonos, the decrease in turnover in the third quarter was 75.7 percent, in Santorini the drop was 70.8 percent, in all prefectures of Crete it was over 60 percent, in Paros 67 percent, in Halkidiki 71 percent, in Rhodes 68.7 percent, while the figures in the Ionian islands were similar.

In total, in the first nine months of the year, the accommodation sector had a turnover of only 1.89 billion euros, when last year in the corresponding period the turnover was 6.15 billion euros. That is a loss of 4.26 billion euros.