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GREECE TOURISM IMPACT
Middle East tourism pain is Europe's gainEuropeans are choosing to vacation closer to home as the war in the Middle East has amplified security concerns and made long-haul flights ...- Iran war creates new must-have for summer holidays: The plan BTravellers are changing holiday plans. Shorter trips in Europe are becoming popular. Rising airfares and conflict are causing concern. Many...
- HNIs eye Greece residency as alternative to Dubai optionAffluent Indians are increasingly eyeing Greece as a destination for permanent residency. The motivations behind this trend include evolvin...
- Iran war cools early summer tourist interest in Cyprus, GreeceThe Iran conflict is impacting tourism in Cyprus and other nations. Tourist cancellations have surged, and new bookings have dropped signif...
- Nearly 28 million trips from Mideast at risk this year due to Iran war, Oxford Economics research note saysNearly 28 million outbound trips from the Middle East are at risk this year as a result of the disruption caused by the war launched by the...
- How to cruise responsibly in over-touristed destinations across EuropeFaced with overtourism, several European cities are tightening cruise ship regulations. Travelers can still explore these destinations resp...
- Surging travel in Europe spikes concerns over tourism's drawbacksEurope faces challenges due to a surge in tourism. Popular destinations like Barcelona and Venice are struggling with overcrowding. This st...
- A holiday in Greece will soon become more expensive; add in extra costs if you want to visit Santorini, MykonosPrime Minister Kyriakos Mitsotakis announced measures to combat overtourism in Greece, including fees for cruise passengers and higher lodg...
- Another tourist hotspot in Europe says ‘no thanks’ to visitorsOne of Greece's beloved tourist destinations, Santorini, is now turning away visitors due to the problems caused by mass tourism. The islan...
- These European countries are imposing fines and restrictions amid tourist overcrowdingSeveral Schengen countries are taking various measures to address the social issues arising from over-tourism. Italy has introduced entranc...
- Southern Europe grapples with changing face of tourismAcross the region, the pandemic has changed the face of tourism. Hotels were already grappling with higher fuel bills and inflation which a...
- Greek economy may contract 11% percent in 2020, central bank saysThe government now expects a contraction in output of around 10.5%, according to the latest 2020 projections in the 2021 government budget ...
- How to be cash-wise if you are planning a Greece tripGreece continues to remain dependent on tourism, so it's unlikely travellers will be subjected to severe hardship but the financial constra...
- Indian tourism to Greece unlikely to be hit, bookings increase 35%The Mediterranean destination, a favourite among honeymooners, usually attracts travellers from the India during April-June and in winter.
- Tourists see opportunity in Greece crisisGreece, reeling under a financial crisis, is luring tourists to explore the country famous for its cultural landmarks and beautiful beaches.
- Greece's debt crisis takes a toll on Indian stocks with exposure to EuropeIT stocks also faced selling with HCL Tech falling 2.78 per cent, Infosys lost 1.58 per cent, Wipro was down 1.23 per cent.
- Greece takes a toll on global markets; top 5 takeaways on defaultChina's Shanghai Composite Index slumped over 7% but later recovered some of the lost ground. Nikkei closed at 20,109.95.
- Markets may panic but ground reality different: Madhav Menon, MD, Thomas Cook India"I am not taking away the fact that there is a crisis in Greece. Let me lastly state, yes, we do send tourist to Greece."
- European vacation: Sovereign debt crisis offering deep discounts for holiday seekersIf a European vacation has been on mind, now would be a good time to take it. Debt crisis has made these countries financially more accessi...
- US, Europe debt crisis could impact flow of tourists to IndiaThe ongoing debt crisis in the US and Europe is expected to impact inbound tourism into India this season, according to hoteliers and trave...
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