of Vicky Kourlibini
Every week and higher the occupancy rates in the hotels of continuous operation move, while the seasonal ones open one after the other in the popular destinations. The latter are expected to operate at a rate of up to 70% within the next ten days.
According to data from the Institute for Tourism Research and Forecasting, in the week from March 28 to April 3, the percentage of open-air hotels was 84%, the occupancy of open-air hotels was 44%, the occupancy rate was reduced to a total of hotels of continuous operation was 33%, while the average price of a double room of hotels of continuous operation 50 €.
According to hotel market players, by the end of April, with the holidays of Easter and May Day, the occupancy will exceed 60%. Crete, Rhodes, Kos, Zakynthos, Mykonos and Santorini have already started to receive a sufficient number of tourists.
According to the president of the Hotel Owners Association of Heraklion Nikos Chalkiadakis, 40% of the hotels in the area are already open and the traffic of visitors is considered very satisfactory to the extent that it is at the same or slightly better level than 2019, which is due to the increased number of flights from abroad and the start of the season earlier than before.
The decline in the rate of new detentions with the start of the war has been reversed and returned to a positive sign, as stated in a telephone conversation with the Minister of Tourism Vassilis Kikilias.
It is recalled that in March there was a significant freezing of new detentions, as a result of the Russian-Ukrainian war.
Explosion in demand in short-term accommodation
The company Airdna Research announced that Greece is in first place in Europe in increasing demand for short-term rental accommodation, with a growth rate of 232% higher than in 2021.
Greece is first in terms of demand, surpassing Portugal which is second with 196%, and Croatia, which is third and records an increase in demand by 151%. It is characteristic that Italy, Austria, Norway and Spain follow in the fourth, fifth, sixth and seventh place respectively.
It is noted that the short-term lease in 2021 recovered 94.4% of the total income of Greek short-term leases, compared to 2019, according to Airdna data.
It is characteristic that the revenues of the short-term lease of Greece in 2019 were 1.4 billion euros, in 2020 they fell to 790 million and in 2021 they went to 1.33 billion euros.
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
