22 April 2018
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Hoteliers are getting rid of the occupancy tax

02 January 18 - RE+D Magazine
Hoteliers are getting rid of the occupancy tax

COMPANIES

IBI Group

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

Savills

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
A daily occupancy tax paid by hotels, rooms and short-term apartment rentals will be passed on to lodgers instead, according to an amendment going into effect on January 1, 2018.

 

A Finance ministry announcement said that owners will be obliged to furnish a receipt for the fee, which is not subject to VAT.

The new regulation amends Article 53 of Law 4389/2016, which went into effect on May 25, 2016.

According to examples originally furnished in the 2016 law, the fee ranges from 0.50 euros per day (in 1-2 star hotels) to 4,00 euros per day (5-star hotels). In furnished rooms, fees range from 0.25 euro per day to 1,00 euro per day.

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