The three day Easter weekend brings the expectation of increased nightly rates for short-term rental accommodation around Greek, as well as the mass exodus of Athenians escaping the city for a short break away.
Occupancy rates in short term rental properties over the Easter weekend have peaked both on nearby islands and on the mainland destinations as holiday makers try to aviod high travel costs.
The nearby islands are sinking
Despite the fact that boat travel is the no-frills travel option, this does not seem to have prevented those who wanted to spend the three days of the Easter weekend in the islands of the Saronic Gulf. Indicative of the high demand is the 94% booking occupancy of short-term rentals in Hydra over that period. Other island were similar with Kythnos at 86% and Aegina at 84%, according to the data of the Panhellenic Network, E-Real Estates.
Occupancy rates were slightly lower in Spetses at 76% and in Kea at 78%.
The Cycladic islands also had very high booking volume. Naxos, which is one of the most popular destinations for summer holidays, was one of the top destinations of choice over Easter weekend as it shows occupancy rates of 91%, while Mykonos, Santorini and Paros were at 70%, 79% and 69% respectively.
Popuar over Easter weekend
It´s not only the islands with high occupancy over the Easter holiday weekend, many people chose the mainland as their destination in an attempt to avoid the hassle of trying to buy tickets.
For the most part, travellers are choosing properties in areas that are within 2- 2.5 hours’ drive from their homes. Monemvasia is top choice with an occupancy rate of 93%, while Xylokastro has 80%, as does Kalamata. 75% of the reservations reach in Kiato and 72% of the reservations in Nafpaktia and East Mani. Around 70% of the reservations are in Oropos.
Many destinations already reached 100% occupancy over the Easter weekend. “In mainland Greece the pre-booking rate is over 70% and certainly the next few days will reach even 100% in the neighboring prefectures of Attica” notes the president of E-Real Estates, Themistocles Bakas. He underlines that capacity, registered apartments and residences in many destinations are limited, while “the fact of adoption of the flexible cancellation policy by a large part of the owners, is a key ally of the industry and high pre-booking rates”.
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