Cyprus fears big hit on tourism industry by coronavirus epidemic

NICOSIA – Tourism in Cyprus, a major revenue engine that helped pull the country out of an economic and banking crisis, could be severely undercut by the COVID-19 Coronavirus as cases grow and travelers around the world being urged to revise their plans.

A number of other events that draw crowds, such as conventions, baptisms and weddings will also be hurt as people stay away after the Ministry of Health limited attendance at those which do operate to no more than 75 people indoors. With spring setting in and the critical summer season approaching, tourism will likely be the sector suffering the biggest blow, said a report in the newspaper Phileleftheros, although no assessment has yet been made by the government.

The effect is set in just as the biggest holiday of the year, Easter, is coming, with people in Greece being advised not to attend Church services despite the religious significance of the period for many, and with the elderly the most vulnerable population.

Other businesses expected to suffer are catering, leisure, clothing, and footwear with people avoiding going out and conferences and other events being canceled as fear has spread even faster than the virus.

Initial reports show some hotels with only 20 percent occupancy while their suppliers, such as food, beverage and toiletry companies being affected, and with workers in tourist-sensitive businesses likely to see their jobs hit.

Supermarkets are doing a booming business as people stock up, fearing they could be confined or that essential item will soon run out.

Read more at thenationalherald.com

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

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: TomasNY 

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