
In 2021, tourism was among the sectors that began to recover from the COVID-19 pandemic, following the easing of some restrictions. According to data released by Eurostat, the number of overnight stays in EU tourist accommodation amounted to 1.8 billion, an increase of 27% compared to 2020, but decreased by 37% compared to 2019.
The number of overnight stays in 2021 compared to 2020 has increased in most EU Member States according to available data. The largest increases were recorded in Greece, Spain and Croatia, with increases of over 70%. Latvia, Slovakia and Austria, on the other hand, were the Member States with reductions.
On the other hand, when comparing the number of overnight stays in 2021 with the pre-pandemic year 2019, the countries most affected were Latvia, Slovakia, Malta and Hungary, with drops of more than 50%.
At the other end of the scale, Denmark and the Netherlands reported a fall of less than 20%.
In Greece the relative percentage was of the order of 49.4%.
In 2021 compared to 2020, there was an increase in the share of overnight stays by non-residents of each country (from 29% in 2020 to 32% in 2021, +3 percentage points).
This increase was attributed to the share of visitors from other EU countries (from 21% in 2020 to 24% in 2021), while the share of visitors from the rest of Europe and the rest of the world remained the same (5% and 3%, respectively).
On the other hand, when comparing 2021 with the data before the pandemic (2019), all EU countries recorded a decrease in non-resident visitors. Latvia, Slovakia and the Czech Republic were hardest hit, falling more than 75%, while Croatia and Luxembourg were less affected, falling less than 45%.


Latest News

Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses

Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.

Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February

Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.

Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)

Santorini Safe and Ready for a Dynamic Tourism Season
Authenticity, cultural heritage, and genuine experiences at the center of Santorini's new promotional campaign

Electricity Bills: Greece Announces Reduced Tariffs Schedule
Greece will now offer lower electricity rates between 11:00-15:00 and 02:00-04:00

Chevron Confirms Eyeing Natural Gas Exploration South of Crete
Chevron recently declared its intent to explore a third area, south of the Peloponnese.

Evangelos Marinakis: A time of change from which shipping can benefit
Speaking at the 19th Annual Capital Link International Shipping Forum Evangelos Marinakis stressed the challenges that shipping faces today