Hotel industry is worried by low booking rate

Page last updated at 05:59 GMT, Saturday, January 28, 2012 - 10:59 EST

eKathimerini:

All photographs come from the aforementioned news sources, and full copyright ownership is maintained by those sources. This site uses the images purely for reference to the original source and educational purposes, and does not profit in any way from their use.

Provisional data and early estimates about the course of the tourism season in 2012 give good cause for some concern.

Hotel market sources have noted a decline in the booking rate for this year, a trend they attribute at this stage to the anticipation of developments regarding Greece’s economy.

Additional turbulence has been created in the travel market by cuts from at least 15 foreign airlines in direct flights to the Athens International Airport. In their majority these fights concern scheduled services and are planned for the summer season. On the other hand, at least seven foreign airlines have decided to increase their flights to the country’s main terminal this season.

Read the whole story: eKathimerini