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‘Sweet Summer’ for Airbnb, Emerging as Top Choice for Tourists

All the more travelers are opting for short stay accommodation in private homes, according to data released recently by hospitality platform Airbnb.

Too Many Tourists Causing Disruption, Europeans Getting Fed Up

Residents at cities across Europe are telling tourists to go home after the massive inflows of travelers are making life a burden at many destinations.
Posted On 11 Aug 2017

Levy on Short-term Rentals to Boost Greek State Coffers by €48 million

Annual income earned from Airbnb-style rentals is set to be taxed up to 45 percent, boosting state coffers by some 48 million euros in 2018.
Posted On 25 Jul 2017

Hotels vs Airbnb Rentals: How to Compete in a New Accommodation Economy

Airbnb-style rentals have been taking a big bite out of hotel industry earnings but the game is not over yet, says a luxury accommodation professional.

Interview – Amadeus VP for NECSE Region Gives Outlook for 2017, Talks Key Trends and Greek Market

Amadeus is celebrating its 30th year of business and VP NECSE Region Joost Schuring talks to GTP on the company's milestones, the Greek market and lists a number of key trends taking center stage in travel in 2017.
Posted On 29 May 2017

Greek Gov’t Can Collect Up to €48m in 2018 by Taxing Airbnb-style Rentals

A total of 48 million euros is estimated to go into Greek state coffers in 2018 according to a document released, revealing a set of 140 EU requirements Greece must implement.

Greece’s Short-term Rentals Bill Raises Professional Concerns

Hospitality professionals in Greece have expressed their concerns over an adjusted bill set to regulate an ever-growing shadow economy in the country.

Bill for Short-term Rentals Goes to Greek Parliament

A bill set to regulate an ever-growing shadow economy in Greece, resulting from short-term rentals of residential properties, was tabled in parliament.
Posted On 13 Dec 2016

Greece Sharing Economy Bill Set for Parliament

A bill expected - once passed into law - to regulate an ever-growing shadow economy in Greece, is set to be tabled in parliament in the upcoming period.
Posted On 12 Dec 2016

World Travel Monitor: Sharing Accommodation Still Niche Player in Europe

Sharing accommodation is still a niche player in Europe, accounting for only three percent of the hospitality market share, according to the World Travel Monitor.
Posted On 08 Dec 2016

Eurocities Awards: Athens’ Citizens Platform ‘SynAthina’ Wins for Innovation

SynAthina, Athens' public platform for engaging citizens, was honored with the award for innovation in this year's Eurocities awards on the theme of the sharing economy.
Posted On 18 Nov 2016

Airbnb vs New York City: Let the Battle Begin

Airbnb and the City of New York will meet in court following NY Governor Andrew Cuomo’s recent approval of a law impacting online home rental companies like Airbnb. In response, the short-term rental company sued the city, its mayor and the state attorney general.
Posted On 26 Oct 2016

Greek Property Owners Prefer Tourists to Tenants

At the prospect of making an added 50 or 60 euros a day, Greek property owners are preferring to lease to tourists instead of long-term tenants as more and more are joining sharing economy platforms.
Posted On 02 Aug 2016

Greece Draft Law: Hefty Fines for Illegal Home Rentals to Tourists

According to a draft law currently being examined at the Greek finance ministry, individuals found renting properties to tourists illegally will be subject to hefty fines.

EU Commission Says Sharing Economy OK with ‘Responsible’ Use

In efforts to ensure fair play, competitiveness, consistency and quality, the European Commission said the sharing economy can prove to be an opportunity if “done right”, contributing to jobs and growth if developed in a responsible manner.
Posted On 13 Jun 2016

What’s Up with the Sharing Economy? Commission to Decide

If there ever was a practice causing commotion in the travel industry then “sharing economy” is it. Now, the future of the business that has brought hospitality sector professionals to the brink will be decided on June 2, when the European Commission releases its suggestions for...

Private Sector Associations of Greece, Cyprus, Italy, Spain and Portugal Join Forces to Promote European Tourism

SETE, Greece’s umbrella body of private tourism enterprises, has launched a working group with the respective private sector associations of Cyprus, Italy, Spain and Portugal to form the "one voice" that will aim to place tourism high on the EU’s agenda.
Posted On 20 Oct 2015

UNWTO/WTM Ministers’ Summit to Put Spotlight on Destination Branding

The 2015 UNWTO/WTM Ministers’ Summit at World Travel Market London will focus on destination branding and how it has become an increasingly complex challenge.
Posted On 13 Oct 2015

The ‘Sharing Economy’ in Tourism Deprives Greece of Millions of Euros

The Greek economy misses out on taxes adding up to 350 million euros per year due to the operation of illegal tourism accommodation, according to a study presented on Thursday by the Hellenic Chamber of Hotels.
Posted On 08 Oct 2015

Airbnb Athens Bookings Boost Local Economy by 69 million Euros

Hospitality platform Airbnb has boosted the local economy by 69 million euros, supported over 1,000 jobs and is attracting new visitors to Athens, a study released on Wednesday found.
Posted On 23 Apr 2015
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