Tag: catastrophe

The tourists are leaving Italy. Now catastrophe looms

Rome (CNN) — For all too brief a time, the Italian summer offered a glimmer of hope. After emerging from what was in early 2020, one of the world’s harshest coronavirus lockdowns, Italy managed to dust itself down in time to welcome visitors.

But as the sun begins to cool, so do hopes of a full recovery for Italy’s decimated 2020 tourism season. Winter is coming, and with it what is expected to be a full-blown economic catastrophe.

The Italian government, like many across the world, has been doling out cash to help support many ailing businesses and individuals, but

International travel and tourism faces catastrophe in 2020. Here’s what it needs to recover

Located a short distance from the Greek capital’s commercial center, Pi Athens ordinarily welcomes droves of American and Australian tourists this time of year.

“The concern this summer is that those who will come — if and when they do — will skip the big cities and head directly to a beach location,” Gavriel told CNN Business. “The hotel is a rented property and there are many bills to pay. I have invested in it heavily. We are hoping for some revenue in the summer but we don’t know if this is going to happen.”

Travel and tourism accounts for