Market Reports

GBR Consulting Reports Greek Hospitality Industry Performance 4th Quarter 2018 (PDF Download)

RevPAR of the Athenian hotel sector increased in 2018 by 10% y-o-y, RevPAR in Thessaloniki by 6.1% y-o-y and the Total Revenue per Available Room of the resort hotels in Greece by 10.1%. However, in all three sectors the growth was driven by room rates, as occupancy improved marginally in 2018.
A town in Greece overlooking the sea
Greek Hospitality Industry Performance 4th Quarter 2018

GBR Consulting

International arrivals at the main airports increased by 12.9% y-o-y. The airport of Athens received in 2018 an addition of 930,000 international travellers, reaching a total of 5.7 million, an increase of 19.4% y-o-y. International arrivals at the airport of Thessaloniki increased by 12.3% y-o-y in 2018.

RevPAR of the Athenian hotel sector increased in 2018 by 10% y-o-y, RevPAR in Thessaloniki by 6.1% y-o-y and the Total Revenue per Available Room of the resort hotels in Greece by 10.1%. However, in all three sectors the growth was driven by room rates, as occupancy improved marginally in 2018.

RevPAR in the South of Europe overall improved by 2.5% y-o-y in 2018, while Rome and Madrid improved their RevPAR levels with 5.0% and 4.6% y-o-y respectively in 2018. Madrid had a particularly strong Q4 2018 with the CPhI Worldwide pharmaceutical conference, held in the period of 9 - 11 October, attracting more than 45,000 pharma professionals from around the globe and more than 2,500 international exhibitors.

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GBR Consulting is a leading Greek business consultant firm. GBR Consulting supports clients develop their businesses in a structured manner leading to growth. The firm offers their clients, who are mainly active in the tourism, retail, food, construction and energy sectors, lasting solutions in the field of strategy, marketing, organisation and finance, while also delivering litigation support.

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