Hospitality management

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.

Hotel prices rise most in Antalya last year

Antalya, Türkiye's famous holiday destination, led the increase in hotel prices last year, according to the data from the Hotel Association of Türkiye (TÜROB).

The average daily rate (ADR) was 172.1 euros in 2023 at Antalya's hotels, up 19.35 percent from the previous year. Revenue per available room (RevPAR) rose 8 percent to 96.8 euros.

Hotel occupancy rate at 69 percent in September

The hotel occupancy rate was 68.8 percent in September, declining by 12 percent from a year ago, says Müberra Eresin, the president of the Hotel Association of Türkiye (TÜROB).

The occupancy rate also fell by 12 percent in the January-September period compared with the first nine months of 2022 to 59 percent, she added.

Appetite for hotel investments still strong: Association

The latest data for incentive certificates issued by authorities show that appetite for hotel investments remained strong in the first half of 2023, says Müberra Eresin, the president of the Hotel Association of Türkiye (TÖROB).

From January to September, 131 hotel projects with 23,725 rooms in the country's 29 of all 81 provinces received investment incentives, according to Eresin.

Hotel occupancy rate up in 2019

The hotel occupancy rate across Turkey reached 67.6 percent in 2019, up 2.4 percent from the previous year, a hotel association said.

The sector's revenue per available room (RevPAR) and average daily rate (ADR) for rooms hit the three-year high in 2019, the Turkish Hotel Association (TÜROB) reported.

‘Tomorrow’s Hospitality Leaders Workshop’ in Athens in July

The third "Tomorrow's Hospitality Leaders Workshop" will take place in Athens next month, organized by the Swiss Education Group.
The workshop, which is in the form of a summer camp, is aimed at young people aged between 16 and 18 who are eager to enter the hospitality and tourism sector.

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