Average occupancy for Athens-area hotels appears as nearing pre-pandemic 2019 levels, according to data supplied by Athens-Attica & ArgoSaronic Hotel Association and processed in cooperation with GBR Consulting.
Specifically, according to monthly figures collected and analyzed by the association, average occupancy in the first half of 2023 reaches 73 percent for Athens-area hotels, off by 3 percent from the same period of 2019.
The average occupancy rate for June 2023 was 93.2 percent, almost identical to the figure for the same month in June 2019.
Latest News
Faliro Delta Park Set for Construction After Securing Funds
The 54-hectare park to be constructed on the coastal front in Faliro near Athens is scheduled to be handed over to the public by 2028
PM Mitsotakis Inaugurates Modern AADE Headquarters
He also stressed that his government is in an ongoing “fight” against tax evasion, emphasizing that “As tax evasion decreases, we will proceed with further tax reductions
EU Agri-food Trade Surges by 8% in July 2024
Cumulative exports during this timeframe reached 137.2 billion euros, up by 3% from 2023 levels, while imports rose by 2% to 97.5 billion euros
Chinese Travel Surges with Greece Boosting Air Connectivity for 2024
Greece ranks 25th globally in terms of international connectivity, and according to Mabrian Technologies, its international air connectivity, regarding outbound flights, increased by 10.5% in 2024
Greece Mandates IRIS Payment Integration for All Businesses by 2025
The Minister of National economy and Finance, Kostis Hatzidakis, highlighted that the IRIS system is a priority, stating that 3.3 million IBANs are already connected with IRIS
Greek Economy Bounces Back Impressively, German Handelsblatt Reports
Once at risk of default, Greece has made notable progress in debt reduction over the past few years
EC Approves €150mln Greek State Aid Measure for Carbon Storage Facility in Prinos
The aid will take the form of a direct grant, which will be disbursed in three installments until 2026
October 28: Traffic Regulations and Public Transport Adjustments
Road closures and transportation changes will be in effect across Athens and Piraeus until the National Day events conclude
Greek Finance Minister Wraps Up Trip to Washington D.C.
The Greek delegation included Council of Economic Experts president Michael G. Arghyrou and Public Debt Management Agency Director General Dimitris Tsakonas
ELSTAT: Construction Material Prices Remain High in Greece
According to recent data from the Hellenic Statistical Authority (ELSTAT), the General Index of Construction Material Prices for New Residential Buildings rose by 5.5%