Recession Batters Mediterranean Tourism Industry - Instablogs
Recession Batters Mediterranean Tourism Industry
Brilakis , Athens: Aug 7 2009
Made Popular Aug 7 2009
Greece :
Europe’s Mediterranean countries are feeling the economic crisis this summer as holiday destinations such as Greece, Portugal and Spain stagger through one of the worst tourist seasons in years. From the Costa del Sol to Cyprus, tourist arrivals...
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Tags: REcession, Tourism, Tourism in Meditranian
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Jason
1 Stars
Jason Aug 8 2009
Athens, Greece
This is affecting strength of the euro against the pound, dollar and ruble thus making the nation less competitive than the surrounding countries in tourism sector. Need of the hour is to have a clearly defined vision by the managers in tourism industry and a scalable implementation of the strategy

After all, the crisis during the economic imbalance has its repercussions and we must not waste time in fighting the situation by developing new strategies.
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