Arrivals the Athens International Airport recorded a growth of 15.3% y-o-y during Q3 2018, while YTD September a growth of 19.2% was registered. So far, all months of this year achieved double digit growth figures.
The Athenian hotel sector improved its RevPAR with 7.2% y-o-y during Q3 2018, but occupancy levels dropped 1.1% y-o-y.
At the airport of Thessaloniki Q3 2018 was particularly strong with a growth of international arrivals of 11.2% y-o-y. Up to September 2018 international arrivals increased by 11.9% y-o-y. The increase of demand lead to an improvement of RevPAR of 7.7% y-o-y, mainly due to increasing room rates.
International arrivals at airports located at resort destinations increased by 7.5% y-o-y during Q3 2018. Growth at the airports of Santorini and Mykonos as well as the airports at the Ionian Islands is particularly strong this year with 19.8% y-o-y and 13.0% y-o-y respectively up to September 2018.
However, occupancy levels of resort hotels dropped by 3.7% y-o-y during Q3 2018, while Total Revenue per Occupied Room increased by 8.3%.
RevPAR of the city of Rome improved 1.1% y-o-y during Q3 2018 noting that occupancy levels dropped slightly. The RevPAR of Madrid dropped further in Q3 2018.
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