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Athens News Agency: News in English, 10-12-25

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Athens hotel occupancy down

  • [01] Athens hotel occupancy down

    (ANA-MPA) -- Hotel occupancy rates in the Athens-Attica region were absolutely disappointing in the off-season month of November compared to the same month last year.

    A monthly report by the Union of Athens-Attica Hoteliers said the biggest decline in occupancy rates was recorded in five- and four-star hotels, 16.70 pct and 10.50 pct respectively; 6.10 pct in three-star and 10.4 pct in two-star hotels.

    Combined with plummeting revenues per available room (17.20 pct in four-star hotels) the decline recorded reflects the fact that the Athens-Attica hotel market has become very "shallow" and (ANA-MPA) the "undeclared" price war already in progress could lead to "cannibalistic" phenomena of earlier decades, the report mentioned.

    As regards the occupancy rates in Athens hotels in the month of December, the holiday season atmosphere is absent and the decline in bookings is huge compared to past Christmases, union president Yiannis Retsos told ANA-MPA.

    More details on the subscriber's page of APE-MPE | Subscription request form


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