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Tripadvisor reports major drop in Greek hotel prices
Hotel prices in Greece are dropping by as much as 20%, according to TripAdvisor.
Its examination of nine popular Greek destinations shows that all but two have seen hotel rates drop significantly since a year ago.
The biggest fall was in Corfu, where hotel rates have dropped on average by 20%.
Only in Mykonos and Santorini have rates remained relatively stagnant.
"While the Greek economy has experienced a traumatic year, the silver lining for tourism could be an increase in visitors due to the lower prices in many of its popular destinations," said Emma Shaw, a TripAdvisor spokesperson.
"There are some excellent hotel deals to be had in Greece at the moment, and with hotel prices coming down, it could be a great time for Brits to plan a 2012 holiday to Greece."
Rates in Corfu dropped 20.3% from €99.27 to €79.07
Rates in Zakynthos dropped 12.4% from €86.96 to €76.16
Rates in Kos dropped 9.6% from €75.06 to €67.86
Rates in Kefalonia dropped 8.2% from €107.85 to €99.05
Rates in Athens dropped 7.9% from €81.02 to €74.66 7.9%
Rates in Crete dropped 7.7% from €85.75 to €79.16
Rates in Rhodes dropped 5.6% from €96.82 to €91.42 5.6%
Rates in Santorini dropped 0.1% from €162.08 to €161.91
Rates in Mykonos rose 0.7% from €160.04 to €161.09 0.7% rise
Percentages above specify the average change in per room per night hotel room cost at hotels found on TripAdvisor in that destination when comparing 1 November 2010 to 16 January 2011 against the same dates one year later.
Between 22 and 401 hotels of various star-ratings were checked for each destination, for a total of 1,299 hotels checked across all nine destinations.
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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