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The Hotel Industry in Greece 2009
ICAP Group, Oct 2009, Pages: 61
This study explores the hotel industry and more specifically the companies that own Luxury, A, and B category hotels. The hotel sector is without a doubt the pillar of the Greek tourist industry, which is extremely crucial to the development of the national economy.
Today, there are more than 715,000 hotel beds in all types of accommodation across Greece, with the total amount of room nights exceeding 64 million in 2008. With respect to their geographical distribution, we observe a concentration of hotel beds in parts of the country that are developed in terms of tourism. There are various categories of hotels according to the level of services they offer, the type of ownership (Greek or foreign, part of a chain, or a group, etc.) as well as the region in which they operate. With respect to the region in which they are located and their activity, hotels are distinguished into urban hotels (which operate in city centers all year-round) and vacation resorts, which are to be found all over the country and mostly operate near the seaside (mainly in islands) during a specific season. Whatever the case may be, the hotel industry must be examined as part of an entire network that makes tourism a rather intricate business.
Products mentioned: Luxury, A, B, C, D and E. C-class hotels, urban hotels and resorts
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