The problem arises when short-term rentals stop being a complementary activity for private individuals and become a tool for international real estate, without local or social constraints
In this latest measure, the Community asks the monasteries to issue up to 300 diamonitirion per month, with the exception of Greeks and Cypriots, while also establishing exceptions for Russians, Ukrainians, Romanians, and Bulgarians for their respective monasteries
Amid the absence of comprehensive zoning plans, local leaders are tightening their stance on new projects, claiming they aim to protect the islands’ natural beauty and character.
As visitor numbers soar and infrastructure strains, the Bank of Greece warns that the country’s islands must shift from growth to sustainability — with €35 billion in new investments to keep paradise afloat
Greek economy: Record tourist arrivals and strong budget surpluses hide slow growth, widening inequality, and a political landscape stuck in neutral
By all accounts, 2025 will be another banner year for Greece’s all-important tourism and holiday industry, a sector that attracts tens of millions of people from around the world every year and annually pumps more than 20 billion euros into the local economy. The substantial economic benefits that tourism generates for Greece is a result […]
The Greek island, with a population of just 40,000, recorded approximately six million overnight tourist stays in 2023.
At the Delphi Economic Forum X, Valentina Rina, Airbnb’s Head of Public Policy for Southern Europe spoke to Editor-in-Cheif of TO BHMA International Edition Odin Linardatou about key issues affecting the platform—ranging from the housing crisis and over-tourism to taxation and U.S. tariffs.
Athens must plan like Barcelona to avoid an overtourism crisis, said the mayor, adding that the city is expecting some 10 million travelers this year.
The Municipality of Athens is expected to present the results of a tourism carrying capacity study later this month.
Santorini experienced a drop in revenue in August amounting to €69.4 million compared to €71.1 million in August 2022
UK tabloids highlight PM Mitsotakis' plans to combat overtourism through a steep new tourist tax on popular destinations. Meanwhile, Germany warns that the move could drive their tourists to Spain and Italy.
Beyond the traditional 'stars' of Greek tourism, such as Crete, Rhodes, Mykonos and Santorini, other Greek islands' occupancy rates near 100%, like Naxos, Ios, Samos, Skopelos, Lipsi, Andros and Astypalia. Surprisingly, destinations accessible by car underperformed.
In July, 1.4 million passengers boarded ferries from Piraeus port, heading to Greece's picturesque islands
Bank of Greece data says increase in related revenue is due to higher numbers of visitors from EU-27 member-states
The warning was issued by a local councilman, who urged residents to stay put and limit their activities during the mass influx of cruise ships
Santorini Hoteliers Association President Antonis Pagonis told British media that, "we, as hoteliers of a welcoming island, say yes to any form of tourist activity, but obviously with limits."
However, Fitch Solutions highlights concerns about overtourism, cautioning that it could strain Greece's capacity to deliver quality services, potentially leading to neglect of popular destinations
Three Greek islands in the Cyclades are at risk of losing their unique character and local ways of life. To Vima spoke to experts and locals about what can be done before it’s too late