Hotels are struggling amid a dramatic drop in demand. the covid-19 disaster-hit exhausting the Greek hospitality sector as a journey for enterprise and leisure dried up. Our evaluation exhibits that by the tip of September 2020, room income of lodges in Athens and Thessaloniki dropped y-o-y by 79% and 67% respectively. The complete income of metropolis lodges positioned elsewhere declined by 63% y-o-y YTD Q3 2020, whereas resort lodges registered a staggering drop of 79% y-o-y throughout the identical interval.
2020-11-02
