Athens hotels report improved room occupancy figures in October

Hotels in the Attica region on Friday reported an 11 pct decline in revenues and a 4.4 pct fall in room occupancy rates in October, compared with the same month last year. An announcement by the Association of Athens-Attica Hoteliers said hotel prices fell in October, while celebrations for the 2,500 years of the battle of Marathon and the Athens Marathon race helped Athens hotels to improving their performance.

Hotels in Athens-Attica, however, continued presenting the lowest occupancy rates compared with other rival cities (61.1 pct in the January-October period this year), along with the fourth cheapest average rate per room (106.83 euros) and the third lowest revenue per available room (65.27 euros) in Europe.

The association said it expected a lot in reversing this negative trend from a “Athens Every Week” program, currently promoted by the Tourism ministry.