ECONOMY

Occupancy rates at Pilio are falling

Despite the drop in the availability of beds at hotels in Magnisia, central Greece, and on Mt Pilio in particular, based on reservations, the occupancy rate at one of the country’s most popular winter resort areas will not exceed 70 percent this festive season, while some hotels are only expecting to fill 40 percent of their available rooms.

The Association of Magnisia Hoteliers announced that of the 5,500 hotel beds usually available at this time of year, no more than 3,500 beds will be available this year, during a season when the average length of stay per visitor is up to three days.

The occupancy rates at Portaria and Makrynitsa on Pilio currently range between 65 and 70 percent, in Volos between 45 and 50 percent, at Vyzitsa and Milies at 60 percent, and at Hania, also on Pilio, just 40 percent.

The average room rate is about 35 percent lower than in the same period of 2011, the association noted.

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