The investment “barrage” in the Greek hotel industry will continue in 2024, along with the entry of international “players” operating in luxury tourism, raising the level of the country’s hotel product, as the latest data from the research company GBR Consulting confirm. In January 2024 it was announced that H Hotels Collection, Hatzilazarou Group, acquired […]
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Based on the monthly hotel performance survey conducted by GBR Consulting on behalf of the Hellenic Hotel Federation, the Greek hotel sector showed during Q3 2022 a decline of the number of room nights of 5 – 7%, while the revenue index showed an increase of 19% compared to the same period of 2019. YTD […]
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Data up to September shows that the Athens and Thessaloniki hotel markets recovered to a level of 39% in terms of room nights compared to the same period of 2019. Room supply has been restored to pre-pandemic levels. In August, Athens recorded a level of 71% of 2019 in terms of room nights, while September […]
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GBR estimates that during the 1st H2020 there were losses of value up to 350 million euros for the hotels in Athens and Thessaloniki. Current status The Greek Government responded to the first Covid-19 case with a series of drastic measures leading to a total lockdown on March 23rd. The closure of all hotels across […]
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GBR’s newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments. On December 8th, 2019 a patient in the city of Wuhan sought medical help for pneumonia-like symptoms. On December 31st Chinese […]
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At the Athens International Airport total international arrivals declined in Q1 2017 with 0.6% y-o-y, mainly caused by the performance of the month of February, which recorded a drop of 7% y-o-y, according to GBR Hospitality Newsletter. Occupancy levels as well as room rates of Athenian hotels showed a positive trend, resulting in an improvement […]
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According to the survey of the Gbr Consulting the Greek hotels and the Greek tourism, had positive results in the third quarter of 2016. Commentary International arrivals at Greek airports showed a robust Q3 with an increase of 9.3% y-o-y. September was particularly strong with an increase of 13.2% y-o-y. However, arrivals on the […]
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–2.3 Airline Marketing Workshop of the Athens International Airport “Let’s make the right move” Focusing on the art of strategy with the Athens International Airport, the global airport industry, as well as the wider aviation sector “chessboard” looking ahead, the airport’s Airline Marketing Workshop was staged again this year, in the presence of more than […]
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Greek hotels recorded higher prices and better revenue performance in 2023 compared to 2019, despite lower occupancy rates. According to data on hotel performance collected by GBR Consulting, the recovery of occupancy levels in Athenian hotels was interrupted in 2023, with demand for Athens at record levels. Room rates, however, have increased significantly since June […]
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Winter Garden City Lounge of Hotel Grande Bretagne brings its grandiose brunch experience to the heart of the city. Weekends at Winter Garden, curated by Executive Chef Asterios Koustoudis, returns featuring a renewed menu with fresh baked goods created daily basis in the new in-house bakery of the historic hotel. The journey begins with a […]
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