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Astir Palace Hotel reports higher losses in 2011

28 March 12 - RE+D Magazine

COMPANIES

Solum Property Solutions

Consultant - GREECE

PEOPLE

Astir Palace Hotel Vouliagmeni on Wednesday reported higher losses in 2011 hit by higher tax provisions. Turnover totaled 28.7 million euros in 2011, from 31.2 million euros in 2010, reflecting higher revenues in 2010 because of the Posidonia shipping fair and lower tourism trends in Attica last year.

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