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