At 8.9%, the increase in the average room price i Hotels of Athens during the first ten months of 2024 compared to the corresponding period of the previous year. The increased demand for travel in Greece and limited availability of accommodation in relation to demand is pushing prices higher, as well as occupancy rates. hotels. Athens has become a destination in its own right over the past two or three years, and the number of foreign visitors has steadily increased during this time, setting successive records and reducing seasonality, which used to be focused on the summer months and remote periods other of the year. . It is indeed worth mentioning that the increases in hotel occupancy and prices come despite a large increase in the number of properties available for short-term rental in the capital. According to her details Hotel Association of Athens – Attica and Argosaronica (EXAAA)in October demand increased by 2.2% compared to the corresponding month of 2023, giving a positive sign to the course of the 10th month of 2024 (+1.6%).
In terms of average room rate (ADR), October was 9% better compared to October 2023. Accordingly, at the 10-month level, the average rate increased by 8.9%, as mentioned above. The average occupancy of Athens in October 2024 was almost 90%. At the level of 10 months 2024, compared to the Mediterranean cities of Rome, Barcelona, Madrid and Istanbul, the occupancy of athens showed a slight increase (+1.6% compared to the corresponding period last year), while the occupancy in Madrid and Came an increase of 4.7% and 6.6% respectively in Istanbul. In Rome and Barcelona, demand was at the same levels as last year.
From a point of view average room rate (ADR) ADR increased by 8.9% in Athens in 10M 2024/23, while Madrid continued to record double-digit growth of 14.5% and Barcelona +8.1%. Rome saw a slight increase of 1.4%, while its ADR in Istanbul decreased by 7.6%.
According to EXAAA, the capital is growing in popularity, and ”significantly improving its position against its competitors – compared to previous years”. ”This popularity of Athens, which has a positive impact on demand, competitiveness, prices, income, and thus on the economic results of the city and the state, must be clearly preserved ”as the apple of the eye” but also strengthened “, notes EXAAA referring to the pending increase in residential fees by Parliament: “So we would like to believe that the various fees, municipal, residential, temporary residents, which increased for example for the Municipality of Athens, or “resilience against climate change” etc., and the contributions of all kinds that the hotel units deposit, in principle serving this philosophy - contribution but also reciprocity”.
What are the key elements to consider when preparing for an engaging interview?
To create an engaging interview, I would need specific details or key points from the article you’re referring to. Since I don’t have access to external content and can’t see the article you’re mentioning, could you please provide a brief summary or the main themes you’d like to explore in the interview? This will help me tailor the conversation effectively. Thank you!