Hotels are struggling amid a dramatic drop in demand. the covid-19 disaster hit exhausting the Greek hospitality sector as 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. 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
