Lesser-known islands, the Peloponnese and northern Greece have emerged as increasingly popular for travelers renting accommodations for the 2024 season through short-term lease platforms, such as Airbnb. After a surge in demand for short-term rentals last year initial indications suggest that this trend will continue, pointing to a boon this year.
January saw a robust start, as Airbnb occupancy rates surged between 80% to 90%, setting a strong tone for the year. February continued the upward trajectory, indicating a sustained trend ahead.
Travelers are showing a keen interest in exploring less mainstream island destinations. The saturation and price spikes in popular tourist spots have redirected attention towards regional areas, notably Tinos, Serifos, Skopelos and Thassos.
Northern Greece, particularly Kavala, is witnessing significant demand, while flood-damaged Pelion is making a notable comeback, particularly favored during the summer season. The coastal regions of the Peloponnese are increasingly captivating foreign tourists.
However, the outlook for Mykonos and Santorini is less optimistic. These islands, which experienced a decline in occupancy levels in 2023, are continuing this trend in 2024. Current bookings indicate a downward trajectory, with Santorini marginally ahead in this decline.
In the broader European context, the short-term rental market, including Airbnb, thrived in 2023, witnessing a remarkable 20% surge in demand compared to pre-pandemic levels in 2019.
Greece remains a cost-effective option on Airbnb compared to more developed tourist destinations in Europe like France, Italy, Spain, and Portugal. Simultaneously, it maintains a higher standard of service compared to budget-friendly destinations in the Eastern Mediterranean, such as Egypt and Turkey.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Trump Tariffs Jeopardize Growth: Piraeus Chamber of Commerce
The tariffs, aimed at reducing the U.S. trade deficit, are expected to have both direct and indirect effects on the European economy
EU Condemns Trump Tariffs, Prepares to Retaliate
As tensions escalate, the EU is expected to continue negotiations with Washington while preparing for potential economic retaliation.
The Likely Impact of Trump Tariffs on Europe and Greece
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.
Motor Oil Results for 2024: Adjusted EBITDA of 995 mln€; Proposed Dividend of 1.4€ Per Share
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year
Cost of Living: Why Greece’s 3% Inflation Is Raising Alarm
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.
Fitch Ratings Upgrades the Four Greek Systemic Banks
NBG’s upgrade reflects the bank’s ongoing improvements in its credit profile, Fitch notes in its report, including strong profitability, a reduction in non-performing exposures (NPEs), and lower credit losses
Trump to Announce Sweeping New Tariffs Wednesday, Global Retaliation Expected
With Trump's announcement just hours away, markets, businesses, and foreign governments are bracing for the fallout of one of the most aggressive shifts in U.S. trade policy in decades.
Inflation in Greece at 3.1% in March, Eurostat Reports
Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February
Greece’s Unemployment Rate Drops to 8.6% in February
Despite the overall decline, unemployment remains higher among women and young people.
Jerry Kalogiratos Highlights Key Role of Energy Transition and Data Demand in LNG Outlook
Energy transition and the prospects of LNG were discussed at Capital Link’s 19th Annual International Maritime Forum, during a panel discussion with Jerry Kalogiratos (Capital Clean Energy Carriers Corp.)
![ΕΛΣΤΑΤ: Αυξήθηκε η οικοδομική δραστηριότητα κατά 15,6% το Δεκέμβριο [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/03/DSC9655-2-1024x569-1-90x90.jpg)
