Greek Short-Term Rental Market Defies Seasonality
Greece's short-term rental market continues to show resilience even after the peak summer season, according to AirDNA's Sept. review. Demand for stays increased by 4.3% year-on-year, while supply rose by 3.9%, maintaining a balanced market. Although average occupancy dipped slightly by 0.4% due to greater availability, overall performance remained solid-driven by sustained interest in coastal and island destinations well into autumn. Cooling Prices, Consistent Returns With the high season winding down, Sept. data revealed a 4% annual decline in the average daily rate (ADR), now at 169 euros, and a 2% drop in revenue per available room (RevPAR), at 100 euros. Occupancy reached 59%, up 2% from last year but down sharply from August's 76%. The figures highlight Greece's reliance on the summer surge, yet also point to shifting visitor behavior, with travelers extending stays into the shoulder months-March to May and Sept. to Oct. Milder...
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