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FinancialNews


  • 26-11-20

    Tourism sector slightly recovers in Europe

    (MENAFN)-According to an article published by Euro stat on Wednesday, the statistical office of (EU), the European tourism industry has incompletely recovered in the middle of the COVID-19 pandemic, since the reduction of the tourist accommodation sector moderated in summer.

    The amount of nights in tourist accommodation like hotels, and camping in the EU slumped by 63 percent annually in March, when the first indication of lockdowns was realized, before getting worse in April.

    The fall in the number of overnight stays has always narrowed in summer months since May, when preventive measures started to ease.

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