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Halkidiki Hoteliers: Sharing Economy Accounting for €30m in Losses

Hotels and rented room owners in Halkidiki are being deprived of 30 million euros in revenue from the operation of Airbnb-style properties, the Halkidiki Hotel Association said.
Posted On 14 Nov 2017
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Greece Preparing E-platform for Short-term Accommodation Rentals

Airbnb-style hosts in Greece will be required to register their properties on e-platform to take effect in immediate future or face steep fines.
Posted On 06 Nov 2017
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Greece’s Public Revenue Authority to Decide on Short-Term Rentals

Greece's Independent Authority for Public Revenue is to decide on a series of details with regard to a December 2016 law regulating short-term rentals.
Posted On 26 Oct 2017
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Greek Hotels Losing Millions from the ‘Sharing Economy’

The direct impact of the so-called sharing economy on the Greek hotel industry has been estimated at 525 million euros a year in lost lodging revenue.
Posted On 19 Sep 2017
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SETE: Quality Over Quantity Key for Future of Greek Tourism

Over-taxation, no capital controls and upgrading infrastructure are vital to ensuring a healthy future for Greek tourism, says SETE chief Yiannis Retsos.
Posted On 04 Aug 2017
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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
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June Airbnb-style Rentals Picking Up Pace in Greece

All the more Greeks are opting to rent out their homes short term in June through Internet platforms, marking a 40 percent increase compared to 2014.
Posted On 20 Jun 2017
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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.
Posted On 10 May 2017
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AHLA Study Says Airbnb Not Playing Fair

The bulk of Airbnb’s US revenue appears to be coming from whole-unit rentals, an American Hotel & Lodging Association (AHLA) report said recently.
Posted On 14 Mar 2017
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How to Rent Out your Flat on Airbnb in Greece

Those interested in renting out their properties, homes or flats in Greece through online platforms such as Airbnb, must meet a series of requirements.
Posted On 23 Dec 2016
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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
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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
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Draft Law Places 90-day Cap on Short-term Rentals in Greece

In efforts to deal with a growing sharing economy and lost taxes to the tune of 250 million euros annually, the Greek government is expected to table a draft law which foresees a 90-day limit on short-term rentals in the city and 60-day cap for the islands.
Posted On 23 Nov 2016
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Greek FinMin May Slap Short-term Rentals with 5% Tax

In efforts to tackle illegitimate home rentals, stem the practice which appears to be taking a bite out of the accommodation business and bring in much-needed cash to state coffers, the Greek finance ministry is considering taxing short-term leases by 5 percent.
Posted On 08 Nov 2016
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Greeks Renting Out Homes Short-term the Latest Fad

All the more cash-strapped Greeks are renting out their properties to tourists in efforts to make ends meet while taking advantage of a vague legal framework, according to a survey by Danos Real Estate, Consulting & Valuation.
Posted On 17 Oct 2016
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Greek Gov’t to Clamp Down on Unregistered Short-term Rentals

In efforts to ensure fair play, Greek finance ministry officials are examining measures to tackle a growing shadow hospitality sector resulting from unregistered short-term rentals which cost the economy some 250 million euros annually in lost taxes.
Posted On 23 Sep 2016
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Airbnb Hosts in Greece to Pay 3% Levy, reports say

Property owners in Greece that rent out their homes to short-term visitors through known websites such as Airbnb will be charged with a three percent levy for each transaction.
Posted On 08 Aug 2016
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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
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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.
Posted On 01 Aug 2016
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Athens Hotel Occupancy Rates Waning

Athens hotels have been seeing the numbers of their clientele drop since last fall through to February this year, according to the Athens-Attica & Argosaronic Hotel Association.
Posted On 31 Mar 2016
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