ECONOMY

Greek hotels still offer competitive rates in October

Online hotel rates in Greece are recording a significant year-on-year increase this month, according to the Trivago travel website. However, the average cost of staying at a hotel in Greece remain below the average both in Europe and at rival destination countries.

The average online price per night for a double room at a hotel in Greece this October is 101 euros – 14.7 percent higher than this time last year.

In Athens the average rate stands at 104 euros, which constitutes an increase of 19.5 percent compared to a year ago.

The equivalent average rate in Turkey is 117 euros, while in Cyprus it’s 110 euros and in Spain 106 euros.