Turnover of the tourism-related house rental in Greece estimated at € 1.7 billion in 2017

Greek tourism: 1,7 billion euros turnover in the tourist rental of houses – Soon the JMC for the implementation of the law

Turnover of the tourism related house rental in Greece is estimated at € 1.7 billion in 2017, according to a recent Grant Thorton survey, conducted on behalf of the Greek Chamber of Commerce and presented on Tuesday 19 September.

The survey states that if there was a common way of taxing hotels and accommodation in the sharing economy, the State would gain an additional annual income of at least 341 million euros.

General Secretary for Tourism, Mrs Evridiki Kourneta, who was present at the announcement of the study stated that she has been informed by the Greek Finance Ministry, that within two weeks the Joint Ministerial Decision which will activate the new law regulating short term rentals of houses, will be finalized.

According to the data of the survey which is entitled “The hotel industry’s capacity for taxation and the possibility of exploiting the sharing economy for tax-normalization in the tourism sector,” hotels contributed directly and indirectly 10% of Greece’s GDP or 17 billion euros during 2016.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

 

 

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