The Greek Deal.com
GREEK HOTEL MARKET
Growth 9% and net profit €9 million in the first half of the year
The upward trend of Lampsa continued during the first half of 2024 due to the significant recovery of the tourism product.
Small and medium hotels adapting to new challenges
The country's hotels seem to be ready for the new preferences of tourists, in a year when tourism is heading towards a new record, with arrivals estimated at 36 million for the whole year.
At 75.5% the average occupancy rate in Athens hotels in the first half of the year
The average occupancy rate for the first half of 2024 in Athens hotels did not exceed 75.5% compared to 72.9% in 2023, and the positive change recorded corresponds to 3.5% compared to the first half of 2023, according to a statement from the Hellenic Chamber of Hotels.
Jann Kaiser is the new General Manager
Jann Kaiser, who was the hotel manager at the Four Seasons Astir Palace Hotel in Athens, has been promoted to general manager.
Agreement with Oikos Property Developments Group
A collaboration agreement has been signed by Wyndham Hotel & Resorts and Oikos Property Developments to establish the first Wyndham Ramada Residences in Greece.
Reassess investment strategy in Athens
The Radisson Hotel Group is reportedly seeking a buyer for the unit it has developed on Mitropoleos Street