CNT: This is the “elite” of hotels for families in Greece for 2024

-Condé Nast Traveller presents the “elite” of hotels suitable for family holidays in Greece in 2024. According to the world’s leading travel magazine, 15 hotels compose its list of recommendations for special holidays, as they offer easy access, relaxed atmosphere, dining options from the start of the day, a wealth of activities, connected rooms and […]

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90% of hotels in Calvia, Mallorca open from March

-The municipality of Calvia, in Mallorca, announced the opening of 90% of the hotels already since March, encouraging holidaymakers to book their next holidays in this tourist “bastion” of the popular Balearic island. Calvia is located in the southwest of Mallorca and is the second largest municipality on the island. With areas such as Pegerra, […]

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Hotel development in Europe | 350 new hotels in the beginning

-With construction activity in the European hotel market continuing unabated, around 350 (348 to be precise) new hotels are expected to open in Europe in 2024, according to the latest data from specialist Lodging Econometrics (LE). With the opening of these new hotels, 48,559 new rooms will open this year, while 383 new hotels and […]

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SHR Group reports the Hotel Industry Trends Report for 2024

-The reciprocal relationship between hotels and online travel agents (OTAs) is well understood but it would be a mistake to think that there exists an unchanging status quo. Hoteliers need to know that there have been some big shifts in spending patterns in the past year as OTAs seek to claim market share and, ultimately, […]

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ALTOUR: Increased cost of business travel in 2024 | What happens to flights and hotels

While prices of airline tickets, hotels and car rentals are stabilising, corporate travellers are expected to pay more to travel this year, according to the forecast of ALTOUR 2024. As the travel management company revealed, the stormy increases in travel costs that preceded the previous two years are expected to subside this year. Leisure travel […]

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Elounda Beach Hotel

The hotels of the Mantonanakis Group in Elounda to be auctioned | Sharp response of the group and complaint against the banks

After the accusations received by the Mantonanaki Group for the two hotels for which auctions have been scheduled on March 6, and after the dispute with the lenders and the State, the Mantonanaki Group has issued a statement with a catapulting statement on the development of the auction of its two iconic hotels in Elounda. […]

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12 Greek hotels among the elite of global tourism | Forbes Star Awards

Twelve Greek hotels are among the world’s top hotels for 2024, according to the 66th annual Forbes Star Awards by Forbes Travel Guide, which honors the best hotels, restaurants, spas and cruise lines worldwide. Travel guide Forbes has presented its highly anticipated Star Awards 2024, recognising the world’s top hotels, restaurants, spas and cruises based […]

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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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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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Hotel rate rises: how much is too much?

This summer travellers booked hotels at never-before-seen prices. How can travel sellers and B2B distributors respond? What role does tech play? Data from travel intelligence provider shows 2023 August prices for hotels were up by 64.03% in North America when compared to 2019. Since the pandemic, hotel room rates have been increasing drastically and this […]

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