Athens hotel rates rise again

This year is emerging as the best historically for Athens tourism, as demand for travel to the capital and coastal Attica appears practically inflexible. Despite the increase in hotel prices and short-term rental accommodation, the occupancy rates in the former remain at high levels and in the latter a very large part of the supply is absorbed.

Under these conditions, the average room price in Athens hotels is approaching 200 euros per night again, after its temporary decline in August, according to data from GBR Consulting cited by the Athens-Attica and Argosaronic Hotel Association (EXAAA).

The average daily rate (ADR) in Athens in September increased by 8.1% compared to the same month last year. Although for this particular month occupancy appears marginally lower than last year, over the first nine months, Athens occupancy increased by 1.5% on an annual basis.

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