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Athens sees rise in hotel occupancy

Hotels in the Attica region (greater Athens) reported a significant

rise in occupancy rates for May, compared with the same month last year. Athens hotels report significant hike in occupancy May rates

 

According to a monthly report by the Union of Attica Hoteliers, occupancy

rates in five star hotels rose 19.7 percent in May to 50.07 pct; four-star

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hotels jumped 24.5 pct to 52.14 pct; three-star hotels rose 18.12 pct to 60.94

pct and two-star hotels rose 19 percent to 56.27 pct, according to Athens News Agency.

The union said tourist arrivals in the first five months of 2006 were higher

compared with the corresponding period in 2005, especially in hotel occupancy

rates.

The group attributed the May improved figures to the organising of

conferences, the holding of a “social forum” political gathering in Athens and,

of course, to the holding of the Eurovision song contest in the Greek capital.

Average room prices, however, rose 1.6 pct in May, while REVPAR rose 8.8

percent over the same period.
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