Greek hotel prices down 7% in Feb.

Athens’ hotel room prices remained stable in February, with the average price for an overnight stay in a standard double room at 85 euros, down from an average rate of 107 euros in European capitals, a survey by showed on Thursday.

Greek hotel prices were down 7.0 pct in February, compared with the same month last year, while hotel prices in Cyprus were unchanged over the same period.

Nurnberg (+51 pct) recorded a significant increase in hotel prices because of an international toy fair in the city. UK cities such as Edinburgh (+20 pct), Birmingham (+14 pct) and Manchester (+9 pct) also recorded increases in February.

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