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Athens’s Bad Image Hurts City Hotels

Occupancy and revenue for hotels in Athens plunged last year and the number of units that have closed down over the past three years has reached 41, according to data released at a press conference held today, Wednesday, 30 January, by the Athens-Attica & Argosaronic Hotel Association.

Athens Occupancy Crisis

The Athens-Attica Hotel Association says that the negative international economic situation will have a downbeat impact on tourism in Athens as this year may prove even more difficult than 2004.

Final Stages for Aghios Kosmas Marina Long-term Lease

Bids by five companies/consortiums to enter the final phase of the tender for the Aghios Kosmas Marina were opened last month at the office of state-owned Olympic Properties. The best offer tabled in the tender, according to press reports, includes an offer to lease the property...

Arrivals Up, Overnights Down

Arrivals in Athens may have increased in the first quarter of 2005, according to Athens International Airport data, but the Attica Hoteliers' Association released data last month that show hotel occupancy rates down by an average 4.4 percent against the same quarter of last year.