In Greece, short-term rentals outnumber hotels

The number of beds available through short-term rental platforms, such as Airbnb, has surpassed that of the hotel sector in Greece: this is how much emerges from the data released by the Hellenic Business Association Tourist (Insete). Tourists in Greece can choose between over a million beds available on the platforms short-term rental, compared to the 895 thousand places offered from the hotels. A phenomenon, that of short-term rentals, which is constantly increasing despite the government's efforts to curb the market, writes Kathimerini. The new regulations in force from October last year, in fact, classify the owners of more than two properties for short-term rental as professionals, subjecting them to more stringent tax requirements. The government conservative Nea Dimokratia, moreover, promoted incentives tax breaks to encourage property owners to Convert short-term rentals to long-term rentals term. Airbnb's boom has helped exacerbate the crisis real estate in Greece, taking away from the real estate market available to residents, in a country where in the last 15 few new homes have been built in years, he writes Kathimerini: To contain the phenomenon in the central districts of the city of Athens, the government has also decided to suspend for the entire current year the release of new licenses to those who wants to allocate his property to short-term rentals.