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Despite Greece’s booming tourism sector and record visitor numbers in 2024, a troubling trend is casting a shadow over the country’s idyllic island destinations: a wave of hotel foreclosures and sales that threatens the survival of small, family-run tourism businesses.
According to data from E-Real Estates, more than 120 hotel units and tourist accommodations have been listed for sale across Greece within just 30 days — a sharp indicator of the strain faced by the sector. The majority…
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