The tourist business on the Cote d'Azur, a Mediterranean resort in France, experienced the "most serious crisis" in its history in July and August - due to the COVID-19 pandemic 600 million euros of revenues have been lost, the regional tourism committee said.
The Cote d'Azur, which covers the Alpes-Maritimes Department and the Principality of Monaco, was visited by more than 6 million tourists this summer, compared to almost 12 million in previous summer seasons. This summer, regional industry revenues decreased by 46% compared to 2019.
By the end of 2020, the regional committee for tourism estimates the total lost revenue for the tourism industry of the Cote d'Azur at 2.5 billion euro, betting on increasing the attractiveness of the resort in the domestic market.
However, it is already obvious that the winter season on the Cote d'Azur will also be problematic for the tourism sector, as evidenced by a large shortage of orders for accommodation at tourist infrastructure facilities.
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