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Travel & 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.

Greek Hoteliers Say Short-term Rental Law Null

Greek hoteliers expressed their doubts over whether a new law can control Airbnb-like operations and curb illegal activity.

Airbnb Hosts in Greece to Face Hefty Fines for Failure to Enroll in Registry

Hosts in Greece leasing out their properties through sharing economy platforms are now required by law to enroll in an electronic registry.

Morgan Stanley Says Airbnb Momentum in US, Europe Slowing Down

Airbnb’s penetration rate in Europe and the US appears to be slowing down, according to Morgan Stanley’s annual AlphaWise survey.

Central Athens Neighborhoods Top Airbnb Choice

The historic center of Athens and surrounding districts are the areas with the highest concentration of apartments being leased out short term.