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Greece's latest tourism industry news by Greek Travel Pages (gtp)

STR: Increased Accommodation Supply Drives Athens Q1 Hotel Occupancy Levels Down

An increased supply of accommodation options appears to have driven hotel demand levels down in Athens, in the first quarter (Q1) of the year.

Occupancy and RevPar Drop at Athens Hotels in January

Athens' hotels began 2019 with a slow performance, reporting declines in occupancy, RevPar (revenue per available room) and ARR (average room rate), according to the city's hotel association.