Valentina Reino

Airbnb generates €830 million in tax revenue from short-term rentals in Greece

In recent years, tax revenues from short-term rentals in Greece have surged dramatically. Tax earnings from Airbnb-style rentals have increased more than tenfold since 2017, according to Giorgos Pitilís, head of the Independent Authority for Public Revenue (AADE).

Airbnb: Annual rental of a property in Greece does not exceed 24 days

“Across Greece, a typical Airbnb host rents out a home for just 24 nights a year, and more than one in two report that the additional income from this activity helps them maintain their homes,” said Valentina Reino, Head of Public Policy for Southern Europe at Airbnb, in response to the government’s announcement of new regulations on short-term rentals in Greece.