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Greece's latest tourism industry news by Greek Travel Pages

Greeks Turned to Airbnb for Extra Income, Study Finds

The economic crisis, which took a bite out of Greeks’ wages or even left them unemployed, has led an ever-growing number to turn to short-term rentals.

Short-term Rentals a Boon for Greek Property Owners

Greek property owners have been making the best of the sharing economy with revenue from short-term rentals up by 105 percent over the last two years, an AirDNA study reveals.

Greece Property Observatory Says Airbnb Phenomenon to Die Out

Short-term home-sharing for tourism purposes is set to decline, according the president of the Greek Property Price Observatory, Kostas Georgakos.

Greek Real Estate Market Picks Up Pace Driven by Tourism, Golden Visa

Greece’s property market is stabilizing in large part aided by the increase in tourism and home-sharing practices, according to the Bank of Greece.

Airbnb, Homeaway vs NYC 1-0: Court Rules Against New Host Data Law

A new law requiring home sharing platforms like Airbnb to hand over detailed customer data to city authorities every month, has been ruled down by a New York court.

‘Search Robots’ to Track Down Undeclared Airbnb Revenue in Greece

AADE has decided to use online "search robots" to track down taxpayers, who have failed to join the e-registry for short-term rentals.

Declared Home-sharing Revenue Boosts Greek State Coffers by 160%

Greek State revenue has increased by a massive 160 percent, driven by declared home-sharing income, according to the Independent Authority for Public Revenue (AADE).

Study: Attica, South Aegean, Crete Account for Majority of Greece’s Airbnb Listings

The regions of Attica, South Aegean and Crete account for 60 percent of all Airbnb listings in Greece, according to a study released by KEPE.

Airbnb Agrees to Comply With EU Consumer Legislation by Year End

Airbnb has agreed to harmonize certain terms and pricing policies with European Union consumer rules across all of its EU sites until the end of the year.

Airbnb, Homeaway Take NYC to Court Over New Host Data Law

Airbnb and Homeaway have taken legal action against New York City, claiming a recently passed law requiring user data, violates the US Constitution.

Greek Hoteliers Say Short-term Rental Law Null

Greek hoteliers expressed their doubts over whether a new law can control Airbnb-like operations and curb illegal activity.

Kountoura Pledges Support for Tourism SMEs at SETKE Congress

Greek Tourism Minister Elena Kountoura expressed her support for tourism SMEs, which form the “backbone of Greek tourism”.

Airbnb Hosts in Greece to Face Hefty Fines for Failure to Enroll in Registry

Hosts in Greece leasing out their properties through sharing economy platforms are now required by law to enroll in an electronic registry.

Morgan Stanley Says Airbnb Momentum in US, Europe Slowing Down

Airbnb’s penetration rate in Europe and the US appears to be slowing down, according to Morgan Stanley’s annual AlphaWise survey.

Airbnb Says ‘No’ to Greece’s Calls for Rental Data

Airbnb says it will share its property rental data only through a valid legal request pursuant to national and European data privacy laws.

Real Estate Interest in Athens Still Weak, Study Says

Athens ranked 29th among 31 European cities in terms of property market investment and future development, a study by PwC and the Urban Land Institute (ULI) revealed.

Foreigners Boost Greek Property Market in First Half of Year

Foreign buyers spent €220 million on property in Greece in the first half of 2017, boosting capital inflows by 63.4% compared to the same period in 2016.

Hotels, Offices Keeping Greece Real Estate Market Afloat

The Greek property market is barely staying afloat with rents showing minor increases and buyers eyeing offices and hotels.