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Greece saw a 12% year-on-year increase in average nightly rates for short-term rentals in June, outpacing the European average rise, according to new data. The surge reflects strong demand amid the peak tourist season, though it may strain affordability for travelers. The increase is part of a broader trend of rising accommodation costs across the region, but Greece's jump is notably sharper than its neighbors. Analysts point to high demand and limited supply as key drivers. Article source: ekathimerini.com | Image credit: REWire Media
Greece saw a 12% year-on-year increase in average nightly rates for short-term rentals in June, outpacing the European average rise, according to new data. The surge reflects strong demand amid the peak tourist season, though it may strain affordability for travelers. The increase is part of a broader trend of rising accommodation costs across the region, but Greece’s jump is notably sharper than its neighbors. Analysts point to high demand and limited supply as key drivers.
Article source: ekathimerini.com | Image credit: REWire Media
