The revenue of Athens-Attica hotels (3-, 4-, and 5-star) fell by 3.6 percent from last year’s January-June period as a result of a 1.2 percent drop in the average hotel occupancy rate and 2.4 percent drop in the average price per room, according to the latest study of GBR...
Almost two weeks after the violent anti-austerity protests in Athens center on 5 May, during which three people died in a fire set by self-styled anarchists, some 28,000 hotel room reservations were canceled in the Greek capital and the trend is steadily rising, Athens-Attica...
Greece's cruise industry, because a significant portion of its business comes from North American customers, is in for a tough time. Along with this, the industry also has to deal with the possible surge in oil prices, the likelihood of a global recession, the difficulties in air...
Tourist traffic to the island of Crete this year will drop by 10 percent, predict Cretan travel agencies. They add that arrivals could drop even further next year. Crete Travel Agent’s Association President Manolis Papakaliatis said tour operators continue to pressure his members...
