Hotel

The average price of Greek hotels posted a fresh13.7% annual increase in July, reaching 174 euros from €153 in the same month last year. At the same time, occupancy increased marginally to 82.8%, a level considered as very healthy.

Türkiye ranks fourth in Europe's hotel constructions in the pipeline with 117 projects/17,856 rooms, according to Lodging Econometrics' (LE) second quarter Europe Hotel Construction Pipeline Trend Report.

In June, Bulgaria saw a notable increase in the total number of overnight stays in hotels and other accommodation, reaching 3.5 million, which marks a 5.9% rise from the previous year, according to the National Statistical Institute.

The growth in room prices in Athens and the region of Attica is continuing, while the occupancy rates of hotels of all categories are also expanding, according to January-May 2024 data.

Despite the mainly fiscal measures the government imposed last fall, the supply of short-term rentals continues to soar. In terms of available beds it is now greater than that of the hotel market, while for the first time this summer it is expected to exceed the limit of 1 million beds.

Incentives for long-term leases – Airbnb bookings surpass hotels – Greece is the world’s fourth most expensive country – Penalties and support for small islands and low incomes

Bankrupt German tour operator FTI on Tuesday sought to assure hotels hosting guests who traveled to Greece with the company and became caught up in its insolvency proceedings will be covered.

Greece is doing everything in its power to assure the return of foreign travelers who came to the country with tour operator FTI, the Tourism Ministry said on Monday, hours after the German firm filed for bankruptcy.

Rhodes, the capital of the Dodecanese, has been luring travelers for decades now with its state-of-the-art 5-star hotels and high-end luxury boutique accommodation

I want to start with two revealing, and I would say disturbing - in their combination - set of numbers. The only income that the Municipality of Athens had from tourist activity in 2023 - by all accounts one of the best years for tourism - was just 2,714,664 euros.