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Hotel industry sees investment in high-end units, but hampered by seasonality
EconomyFeaturesThe Greek hotel sector reported strong performance in 2019 as revenues rose by 7.3 percent year... on the latest available data from 2018, the HCH showed that hotels and hotel chains captured... of stays and 5.4 percent of revenue). In 2019, a total of 9,971 hotel units were registered in Greece
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Hotel guest numbers up 8.7 percent in 2014
Economyrepresents an increase of 4 million on 2013, pushing hotel bed occupancy up from 45.2 to 47.3 percent... – that is, someone who has lived for at least a year in Greece, regardless of nationality. Their share of hotel... of nights). Of these countries, the biggest increases in hotel arrivals were recorded for the US
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Hotel owners sound warning over Thomas Cook revenue losses
EconomyFeaturesimpact of the collapse of Thomas Cook on the Greek hotel sector. The president of the HCH, Alexandros Vassilikos, warned that no Greek hotel would be left unaffected by the demise of the British... at 516 million euros for the hotel industry, and 929 million for the wider industry. When the tourism
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Greek hotel industry reports COVID-19 related losses of half a billion to date
EconomyFeaturesThe Hellenic Chamber of Hotels (HCH) has released a survey showing the first estimations of the impact on Greece’s hotel industry due to the coronavirus epidemic. The survey was carried out... will directly threaten 38,234 jobs, which represents 20.5 percent of total hotel employment unless
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Turnover in tourism drops by 6.5 pct in Q1, reflecting hotel closure impact
EconomyMacroeconomy-related hotel closures, while the food service index decreased at a slower rate by 1.6 percent
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Hotel and catering jobs propel May hiring balance to new record
EconomyMacroeconomy, followed by cooks with 19,294 and hotel cleaners with 11,172. For the first five months of 2024
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeatureson the tourism industry and the job creation it entails, the bulletin notes that in 2017, the hotel... quoted in the report, the hotel industry in Greece has undergone strong growth since 2004. In 2004, 8,899 hotel units were in operation in the country, increasing by 9.9 percent to 9,783 in 2017
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SYRIZA's left wing ups pressure on Tsipras but PM retains authority for now
PoliticsGreek Politicsat the end of the two days of deliberations in a central Athens hotel. The first was on a proposal put... liquidity problem. Earlier comments by Interior Minister Nikos Voutsis were in this direction. He
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Newsletter 263 -11/09/2020
, locals on Lesvos stormed a hotel housing riot police sent to the island to provide security.... A government delegation consisting of Migration Minister Notis Mitarakis, Interior Minister
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Hotel and restaurant jobs boost hirings balance in March
EconomyMacroeconomyGreece’s employment balance in March was positive by 61,912 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in March last year was 34,373, suggesting an improvement by 27,539 jobs. M...
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