Greek hoteliers' president calls for liquidity injection

Slammed by the pandemic, the Greek hotel industry is at a critical turning point. In an interview with Kathimerini newspaper, the president of the Hellenic Chamber of Hotels (HCH), Alexandros Vassilikos, points out that the sector needs a strong liquidity injection.

As he points out, indicating the extent of the problem, the occupancy of hotels in the whole of the third quarter of 2020 came to less than that of the month of September 2019 alone. Regarding 2021, Vassilikos estimates that it is very difficult to make any predictions with so many uncertainties and so many unknown factors.

Nevertheless, he also notes that the problems faced by hotels since the onset of the pandemic are not due to mistakes in their business decisions but rather have been imposed by conditions that could be compared to those in natural disasters, and therefore should be treated as such.

Read the full interview here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: pixabay.com

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