Hotel

The time for the Astir Palace in Vouliagmeni to shine again is almost upon us. The landmark resort on the Athens Riviera, now owned by AGC Equity Partners and operated by Four Seasons Hotels and Resorts, is set to reopen on March 29 following an extensive overhaul.

Revenues from overnight stays in Varna in January reached 2.1 million leva, 3.2% more than in January 2018. This is reported by the Territorial Statistical Office Northeast.

The world's first digital hotel receptionist was created by two Bulgarians who have lived in the UK for many years. The purpose of the electronic application is to make it easier for customers to book a hotel, as well as to improve reception staff.

Historical houses in the southeastern province of Şanlıurfa will turn into boutique hotels in a bid to host the high number of tourists expected to come throughout the year to the ancient site of Göbeklitepe. 

Athens will need to attract an additional 600,000 visitors a year in order to keep its growing hotel sector in business in the foreseeable future, according to hotel market experts and economist Kathimerini has consulted.

This is the level of oversupply seen being created in the capital due to the investments in the pipeline for the next three years.

The constant increase in Attica's hotel room supply combined with the drop-off in the soaring growth in demand and the market entry of thousands of apartments for short-term lets have already started to drive occupancy rates and room prices at the capital's hotels toward a decline.
The current prospects for both supply and demand are pointing to a further gap in the near future.

Chinese companies opened hotels while Chinese restaurants have been launched in and around Istanbul's Dolapdere neighborhood

The new Hotel of Ice in Balea Lac will be open to visitors from 23 December, even if the official opening of the entire complex will take place in the first part of February 2019, reads a press release issued for AGERPRES on Friday.

The largest hotel chain in Eastern Europe - the Orbis group, will open their first hotel in Plovdiv. At the moment it runs through franchise sites in Sofia - ibis to the airport and Novotel on Tsarigradsko shosse Boulevard, reports money.bg

Dozens of new hotels are expected to open in the center of Athens in the next few years, as the anticipated growth of tourism in the capital has generated fresh investments, either being spent on renovating and reopening existing units or giving decrepit office buildings a total makeover, while demand for empty buildings to be used for tourism purposes is soaring.