Lower occupancy rates, but increased prices and revenues for Greek hotels in 2023

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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Thessaloniki among the 15 most underrated European destinations for American travelers

Thessaloniki is among the 15 underrated destinations in Europe for American travelers, but worthy of their attention, as revealed in a survey by the American travel and tourism website Travelpulse. According to the publication, the 15 destinations (13 cities and two countries) are not completely undiscovered, but they are all underrated and deserve much more […]

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GBR: Investment “fever” in the Greek hotel industry | Greece is “leading” in the tourism investment sector

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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Golden Visa foreign investors turn to buy cottage properties in Crete, Rhodes and Halkidiki

An increase in demand for cottage properties by foreign buyers of Golden Visa, in areas around the urban centres of Crete, Rhodes and Halkidiki, according to the latest analysis by Elxis-At Home in Greece. This increase is due to the changes made to the “Golden Visa” programme, which resulted in a shift of investors to […]

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Golden Visa Investors Turn to the Holiday Home Market in Crete, Rhodes and Chalkidiki

The latest analysis by Elxis-At Home In Greece identifies an emerging trend in the holiday home market, with a marked increase in demand for holiday homes by Golden Visa investors. This rise in demand is mainly attributed to the recent changes in the Golden Visa program in Greece, which turned investors’ attention to other parts […]

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UNWTO: International tourism to reach pre-pandemic levels in 2024

According to the first UNWTO World Tourism Barometer of the year, international tourism ended 2023 at 88% of pre-pandemic levels, with an estimated 1.3 billion international arrivals. The unleashing of remaining pent-up demand, increased air connectivity, and a stronger recovery of Asian markets and destinations, are expected to underpin a full recovery by the end of 2024. […]

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CORENDON

Could adult-only flights really “take off”

The recent news that Dutch carrier Corendon Airlines has started offering adult-only areas on its flights garnered widespread media attention around the world. Rightly so, as it seems that passengers have long been crying out for this service according to an article published in the Spectator that was based on a survey from PhotoAID. Corendon’s […]

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Sabre Corporation’s 2024 Global Travel Study Unveils Surprising Trends

Sabre Corporation’s latest global travel study uncovers a significant shift in travel behaviors and preferences for 2024. The data-driven narrative unfolds, showcasing how travelers are navigating the ever-evolving landscape of global travel. The study indicates a newfound confidence among travelers, with leisure travelers planning their trips much earlier than in previous years. Now, they are […]

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WTTC: France to keep its crown as most popular destination for international visitors

Latest flight booking data from the World Travel & Tourism Council (WTTC) and its knowledge partner ForwardKeys, shows France is set to keep its pole position as the world’s most popular destination for international arrivals this year. The research reveals a positive outlook for France’s inbound travel, with arrivals set to almost reach pre-pandemic highs […]

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Rhodes, Greece revealed as best city for solo travellers

–A report from Wizz Air has ranked European cities based on solo-traveller TripAdvisor reviews to determine which cities are the best destinations for those travelling alone. Solo travelling is the latest travel trend that is growing exponentially.  As with any travel plan, the destination plays a vital role and requires a lot of thought to […]

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