Sunday, May. 20, 2012 |
18 hotels closed in central Athens this year
Page last updated at 04:17 GMT, Tuesday, December 20, 2011 - 09:17 EST
eKathimerini:
The Fashion House 2 hotel on Omonia Square is one four closed down in central Athens by the Grecotel group in recent years.
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A combination of a drop in bookings, increased expenses due to taxation and the ongoing decline of the quality of life in downtown Athens has led to the closure of 18 hotels in the area in 2011, according to data revealed by the Hellenic Chamber of Hotels (HCH) on Monday.
Meanwhile, at a joint press conference with Athens Mayor Giorgos Kaminis, HCH president Giorgos Tsakiris warned that unless the rising crime rate in central Athens is brought under control, more hotels will be forced to close down in 2012 as well.
Read the whole story: eKathimerini
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