BUSINESS

Winners and losers of the pandemic

TAGS: Economy, Tourism

Tourism is probably the sector that has suffered the most from the coronavirus: In the July-September period, traditionally the strongest for the industry, turnover came to just 1.55 billion euros, down 61.4% from the same time last year.

In the first nine months tourism saw its takings drop €12.6 billion year-on-year, with revenues reaching €3.5 billion.

The blow to food service was also considerable, with January-September suffering a 35.2% annual slump.

In contrast, e-commerce is expected to enjoy a year-on-year increase of more than 30%, and, crucially, the crisis has opened new markets, such as online supermarkets.

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