The ongoing economic crisis in Greece has led to the decline of business activity in terms of figures and growth, business services group ICAP found in a report released on Wednesday.
Five-star and 4-star Greek hotels will close 2005 with an 8% increase in sales, when compared with the year before, according to a recent ICAP study. The reason cited for the increase quite simply is the recovery of tourism movement to Greece during the past year.
For the month of August at least, hotels in the general and greater Athens region managed to do well with their average occupancy rate hitting 95% during the Olympic Games, says the Attica Hoteliers’ Association.
Greek car rental agencies continue to expand at a rapid rate, according to a recent report from the Athens-based Research Institute, ICAP. In its third report on the car rental industry, the institute says that Greece hosts around 2,500 such companies. It says their major...
