Mabrian: Greece’s Price Increases of 5-star Hotel Rooms Highest in the Mediterranean
Mabrian Technologies recently conducted a study of average hotel prices by room type for all the main Mediterranean destinations.
According to the tourism intelligence provider, overall prices are up on 2019, “but not everywhere“.
Mabrian highlights that “Greece is the big surprise”, with increases up to 110 percent in five star rooms.
“With few exceptions all the main Mediterranean destinations are seeing modest increases on average prices from 2019 across three, four and five star hotels,” said Mabrian Sales & Marketing Director Carlos Cendra.
Mabrian’s research shows that France is the main exception, with a 12 percent and 11.3 percent drop in prices for three and four star hotels respectively.
“But it’s worth pointing out that it is not all bad news, as its five star hotels are still the most expensive in the region at 419 euros per night and up by 13.2 percent compared to 2019,” Cendra said.
Meanwhile, Egypt’s prices are up strongly across all three categories, at 25 percent, 40.9 percent and 48.3 percent.
“But Greece is the real star here, with four and five star hotels seeing a 62.7 percent and a 110 percent increase respectively,” he added.