Rising Costs Push Greeks to Affordable Holidays Abroad

Greece's booming tourism industry, attracting up to four times its population in foreign visitors, has paradoxically priced many locals out of enjoying their own country's famed destinations. Rising prices in accommodation, dining, and transportation, coupled with stagnant wages, have forced Greeks to settle for day trips, seek cheaper holidays abroad, or forgo vacations altogether. Luxury resorts and boutique hotels catering to international tourists dominate iconic islands like Santorini and Mykonos, crowding out budget options that once made these spots accessible to Greek families. The tourism-driven economy, which contributes about 12% to Greece's output, has also affected local workers who find it difficult to take breaks during the busy season due to year-round business operations. This overtourism has created a divide where locals struggle to afford traditional cultural experiences, transforming Greece into an exclusive playground for wealthy tourists while many residents watch from the sidelines. The shift reflects a broader trend of Greeks opting for more affordable holidays in neighboring European countries amid domestic cost pressures.