Large Increase in Prices of Greek Hotels

Despite the Greek hoteliers assurances that the prices of hotel accommodation won’t increase more than 3% to 5%, trivago figures show that in many areas the hotel prices have doubled. According to trivago figures the hotel prices have risen compared to June 2013 with the highest increase being recorded in the island of Santorini. In Imerovigli village, a favorite destination for the international jet set, hotel prices have increased by 95% compared to June 2013. The average nightly rate for June stands at 501 euros, while last year the average nightly rate was at 257 euros. In the village of Firostefani, prices have increased by 51% compared to June 2013 with an overnight stay standing at 289 euros compared to 192 in June 2013. In Fira prices have increased by 77% while in Oia there is a rise of 10%. Mykonos, a popular summer destination both for Greeks and foreigners, has also presented a rise in hotel prices. The average nightly rate has increased  by 46% with an overnight stay reaching 184 euros compared to 162 last year. The increased tourist arrivals in the island of Rhodes,  have brought a rise of 7% in hotel prices. The average nightly rate is standing at 75 euros. An increase of almost 21% has also been recorded in Crete and specifically in Rethymno. The prices are reaching 109 euros compared with 90 last year. Finally, Athens which is a stopover destination for many tourists who visit Greece has presented an increase of 35% in its hotel prices.

READ THE ORIGINAL POST AT greece.greekreporter.com