Q3 2012 Greek Hospitality Industry Performance
After the difficult year of 2010 and the strong recovery in 2011, the Greek tourism industry as a whole showed signs of stabilisation in 2012. Considering the constant stream of negative news from Greece, this can be evaluated as positive. However, there are major regional differences. With respect to arrivals YTD September, Athens suffered most with a decline of 11.9%.
About GBR Consulting
GBR Consulting is the leading hospitality and tourism consultancy in Greece. Its experience includes market and financial feasibility studies as well as valuations and development plans for Hotels, Resorts, Spas, Marinas, Casinos & Gaming, Conference Centers & Arenas, Theme Parks, Golf Courses etc. GBR Consulting is affiliated to CBRE Atria, the Greek arm of CB Richard Ellis, providing together a specialized service for Tourism Properties Transactions. GBR Consulting possesses a database with financial data for over 1,000 hotel establishments in Greece and has a datashare agreement with STR Global, the word's largest databank of hotel operational data.