Short-term rentals in Greece surged in 2024, with the number of available beds in the rental units overtaking the number of beds at the country's hotels.

A one-year ban on registering new apartments for short-term rentals came into effect on Wednesday in the Greek capital of Athens, as authorities seek to find solutions to a housing shortage for permanent residents.

In 2024, the number of available beds in short-term rental units reached 1,022 million in the months up to August -- overtaking the 887,740 beds in the country's hotels for the first time according to local newspaper Ekathimerini.

But the surge of short-term rentals has not come without criticism. (Euronews)