ECONOMY

Hotels hike prices by 10 pct in H1 of 2014

The big increase in the number of tourists visiting Greece has led to a 10 percent hike in hotel rates around the country this year compared with 2013, according to Hotels.com, one of the biggest travel booking websites in the world.

In the first six months of this year Greece ranked 39th cheapest among 68 global destinations, with an average rate of 122.30 euros per double room per night.

Last year it had amounted to 112.22 euros.

Cyprus posted an 8 percent rise to 121.04 euros in the same period.

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