Analysing the performance of the hospitality sector, it becomes clear that resorts hotels overall performed in 2012 on par with 2011, as shown by the 0.1% growth in RevPAR in Q3 and the 0.0% YTD Q3. Occupancy levels in Thessaloniki increased, but at a slightly lower rate resulting in a positive YTD Q3 percentage of its RevPAR of +8.5%. Social unrest and the subsequent collapse of the MICE market are the main reasons of the current bad state of the Athens hotel sector.
Adobe Acrobat PDF file) to download the complete article.
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.
GBR Consulting
4 Sekeri Street, 106 74 Athens, Greece
T (+30) 210 36 05 002
F (+30) 210 36 06 935
www.gbrconsulting.gr
gbr@gbrconsulting.gr