Athens hotels occupancy rates up in August

Athens’ hotel room occupancy rates rose substantially in August 2011, boosted by a 1.13 pct increase in comparison with August 2010.
 
According to the Panhellenic Hoteliers Federation, the occupancy rates in 4-star hotels jumped 24.40 pct in August, while in 5-star hotels it was up 2.7 pct in the same month.
 
Moreover, the average occupancy rates rose to 63.10 pct for 4-star hotels from 50.70 percent in 2010, to 57.50 pct for 5-star hotels from 55.90, while occupancy rates fell 10.5 pct in 2-star and 3-star hotels, falling to 60.60 percent and 67.70 percent respectively compared with 2010.