Tourism revenue on Santorini has suffered a significant setback in 2025, according to the latest data from the Hellenic Statistical Authority (ELSTAT). Both the accommodation and food service sectors on the island experienced sharp declines, with turnover dropping 22.1% for hotels and 21% for restaurants in the second quarter of the year compared to the same period in 2024.

While the overall Greek accommodation sector recorded a slight 2.6% increase in turnover during the second quarter of 2025, rising to nearly 2.98 billion euros, the food services sector saw a 2.6% decrease to approximately 2.73 billion euros.

Regional differences were notable. Other popular destinations such as Corfu saw a 10.7% rise in hotel revenues, while Crete’s Chania region recorded a more modest increase of 2.7%. Santorini, part of the Thira regional unit, faced the steepest losses, highlighting its vulnerability despite its global popularity.

Similarly, in the restaurant sector, Santorini recorded the largest drop in revenue at 21%, while Zakynthos reported a 7.3% increase. Other regions, including Evia and Kos, saw minimal declines of 0.2%.

The data reflects the uneven recovery of Greece’s tourism industry, with Santorini, typically one of the country’s busiest destinations, facing a dramatic revenue shortfall this year.