AIRDNA: Average price of Airbnb in Greece at €193 in 2022 up by 35% from 2019

 

Airbnb guests in Greece paid 35% more in 2022 compared to 2019, the period before the pandemic, since the average price for the whole year was 193 euros, a figure also increased compared to 2021 by 15%, greekcitytimes.com reports.

Europe-wide, the short-term rental market has seen a significant recovery, with revenues of $55 billion last year across Europe, 42% more than in 2021. Total bookings across Europe are estimated at 355 million overnight stays. 3% higher than in 2019 and 39% higher than in 2021.Based on data from the specialized analysis company AIRDNA, it is estimated that approximately 11.5 million nights were spent in Greece with short-term rental accommodation, a figure increased by 56.8% compared to 2021.

 This marks Greece as the fourth highest performing country in the top 20 most popular European destinations - up 19% in 2019.The number of available properties was on average close to 105,700 on a monthly basis. There are obviously big fluctuations due to the intense seasonality of Greek tourism, with a marginal increase of only 0.1% compared to 2019.

Tags: Greece, Airbnb