Fall in Greece hotel prices by up to 20%

TripAdvisor: hotel prices in Greece tumble during crisis

Hotel prices in Greece for the coming year have fallen by as much as 20%, according to TripAdvisor. The online ratings site looked at nine popular Greek destinations and found that all of them except two have seen rates tumble over the space of a year. While rates on Mykonos (from €160.04 to €161.09, up 0.7%) and Santorini (from €162.08 to €161.91, down 0.1%) appear to have stayed relatively stable, they have fallen by 20% on average in Corfu (from €99.27 to €79.07, down 20.3%). “There are some excellent hotel deals to be had in Greece at the moment,” said a TripAdvisor spokesperson.
Other hotel rate falls are in Zakynthos from €86.96 to €76.16, down 12.4%), Kos (from €75.06 to €67.86, down 9.6%), Kefalonia (from €107.85 to €99.05, down 8.2%), Athens (from €81.02 to €74.66, down 7.9%), Crete (from €85.75 to €79.16, down 7.7%) and Rhodes (from €96.82 to €91.42, down 5.6%).
TravelMole
[pictured: Agios Nikolaos, Crete]

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