Overnight stays in short-term lease properties in Greece exceeded 9.3 million in the first half of the year, according to figures announced on Monday by Eurostat, and compiled from data by AirBnb, Booking, Expedia Group and Tripadvisor.
Specifically, the biggest number of those overnight stays were recorded in May and June, and exceed the figures for the corresponding periods in 2022 and 2019, the record-breaking year for Greece’s tourism sector.
The Greek government has tabled legislation making the framework governing short-term property leasing in the country, so-called “AirBnB” lodgings, stricter.
Such legal changes, if enacted, will mark the first time since 2017 that legislation affecting this booming sector of the tourism industry has been introduced in the east Mediterranean country.
Among the stricter provisions envisioned is one that transforms an individual taxpayer into a business operator if exploiting more than three properties on short-term lease/stay platforms. In other words, a personal tax code number appearing on three or more such properties – regardless of location – will mean that the individual is imposed with a business tax rate of 22 percent of generated profits, while also being forced to tack on VAT to overnight stays and pay a standard hotel stay fee.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
Meta Cuts Facebook and Instagram Subscription Fees by 40%
The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.
Skyrocketing Use of Debit, Credit Cards
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
JP Morgan Revised Greece Outlook to ‘Overweight’
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta
EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures
Trump Tells Putin not to Escalate Ukraine War during Phone Convo
Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv
Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.
