Athens 4-and 5-Star Hotels - Market Overview

by Victor Matsas • 17 Dec 2024

Location: Greece, Athens

The chart below compares the weighted average prices and availability of 5-star and 4-star hotels in Athens from today until the end of February.
Athens 4-and 5-Star Hotels - Market Overview
We observe that in general the graph of availability for each category is the mirror image of the weighted average prices, with the availability of the 4-star market showing much more pronounced fluctuations than that of the 5-star.
For each hotel category, a clear bottom is formed for the weighted average, which is close to 109 € for 4 stars and 195 € for 5 stars, as if each market knows exactly how to set its limits with consistency and predictability.

There are some important events such as the Athens Marathon and New Year's Eve, as well as weekends.

What piqued our curiosity are some inconsistencies in prices - availability on some dates in January and February. It seems that some hotels have taken measures for some events that will take place during that time, without this being reflected in the availability yet.

Anyone who can enlighten us would do well to write a comment.