According to
the recently released Hotel Study 2003 (based
on data of the fiscal year 2002) the profitability
of Greek hotels has deteriorated, mainly due
to a drop in RevPAR by 5 - 10%, depending on
the category and type of hotel.
The graph below
refers to a selected sample of hotels participating
in 2 consecutive hotel studies:
This
picture is also confirmed by the fall of the
main profitability index GOPPAR (GOP per available
room) by 5%, as well as by other data presented
in the 50-page study. The Hotel Study 2003 includes
market, operational and financial
data for the following specific categories,
as well as for all hotels:
- Luxury
- A Class
- B Class
- C Class
- City Hotels,
De Luxe and A Class
- Resort Hotels,
De Luxe and A Class
The Hotel Study was conducted under the auspices of
Sete and the support of Traveldailynews.
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auspices of
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