ECONOMY

VAT hike would put several Athens hotels at risk

An increase in the value-added tax on tourism accommodation to non-competitive levels would threaten several Athens hotels with closure next year, Alexandros Vassilikos, the head of Athens-Attica Hoteliers Association, told Kathimerini.

He added that Attica hotel occupancy in the first four months of this year has risen 10 percent compared with 2014.

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