Tourism Greece: Short-Term Rentals Boost Local Economies
Tourism in Greece is shifting, with more visitors choosing local home stays over traditional all-inclusive hotels. This trend is not only changing travel habits but also redirecting economic benefits into local communities.
From Resorts to Neighborhoods: Where the Money Goes
Unlike all-inclusive resorts—where the bulk of travelers’ spending remains within the hotel complex—those choosing short-term rental (STR) accommodations tend to distribute their money more widely in the local community. This has led to notable ripples in the market, even sparking political debate.
According to a study by Oxford Economics commissioned by Airbnb, 21% of total spending by STR travelers in Europe
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