EU tourism halved in 2020 under pandemic

Tourism in the European Union — measured in nights spent in tourist accommodation — plunged by half last year under virus travel restrictions and lockdowns, the bloc’s statistics agency said on Monday. The unprecedented 52 percent drop compared to 2019 confirmed that “tourism was among the sectors most affected by the COVID-19 pandemic”, Eurostat said in a statement. Greece, Cyprus and Malta, all Mediterranean countries favoured for seaside vacations, were the worst hit, seeing a drop of 70 percent. In northern Europe, the Netherlands and Denmark had a more moderate 35 percent fall. Figures …

Read More

HEDGE accordingly