Travel News

Greek Hotel Performance in Decline First Half of 2019

Last month, the Greek Tourism Confederation’s (SETE) research body INSETE reported an increase in tourist arrivals and revenues this year, in contrast to the country’s hotels experiencing low performance in terms of occupancy, earnings, and early bookings – compared to 2018.

Recent INSETE data on international arrivals and revenue from tourism in Greece showed Greece airports recording 8.1 million international arrivals, up 4.4 percent year-on-year in between January and June of this year. Moreover, citing Bank of Greece data for the first five months of the year, revenue from…

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