Skift Take

While hotels are dropping their prices, what good is a bargain when visitors are worried about strikes, riots, and a change in currency mid-vacation?

Europeans are avoiding vacations to Greece this summer fearing instability sparked by the debt crisis, industry sources say, inflicting a hard blow to the country’s already devastated economy.
“From the aftermath of the elections on May 6, we have experienced a 50-percent drop in bookings,” said George Drakopoulos, director general of the association of Greek tourism enterprises.

library_books

Ask Skift Is the AI Chatbot for the Travel Industry

Go deeper into the business of travel with Skift’s new AI chatbot.

Ask Skift Your Questions

Have a confidential tip for Skift? Get in touch

Tags: greece, tourism

Up Next

Loading next stories