Greece Short-Term Rental Market Hits One Billion Euros in 2025 Tourism Tax Revenues as Government Introduces New Restrictions to Address Housing Challenges - Travel And Tour World
Summary
Greece's short-term rental market is projected to generate one billion euros in tourism tax revenue in 2025. This success is coupled with the introduction of new restrictions by the government. These measures aim to address housing challenges exacerbated by the growth of STRs in the country.
Key Insights
- •The government is introducing new restrictions to address housing challenges.
- •The Greek short-term rental market is projected to generate one billion euros in tourism tax revenues in 2025.
Action Items
- ✓Hosts should stay updated on new restrictions implemented by the Greek government.Effort: lowImpact: high
Common Mistakes
- ⚠Failing to comply with the new restrictions could lead to penalties and potential suspension of listings.
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