Decline in hotel rates reverses

The average online hotel rate for an overnight stay in a double room in Greece is 10 percent higher this month than a year ago, despite the average January-July rate being 4.1 percent lower, according to data by hotel search engine Trivago.A strong rebound in foreign demand for Greek hotel accommodation appears to have pushed the rate to pre-recession levels, at 131 euros, compared to 119 last ...

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