Crete ShortStay Conference Highlights Booming Rental Market and Future Trends
The Crete ShortStay Conference recently held in Chania gathered property owners and short-term rental managers who explored optimism in the local market. Key insights revealed a 3% rise in available listings and a 12% increase in overnight stays from April to September compared to last year. With early bookings for summer 2025 up by 31%, the market is set for continued growth. The trend is shifting from FOMO (Fear of Missing Out) to JOMO (Joy of Missing Out), indicating travelers’ preference for off-peak seasons. Concerns about the local housing market were also discussed, focusing on underlying causes beyond short-term rentals.