High Costs Keep Half of Greeks Without a Vacation This Summer

As summer has arrived, new opinion poll data from Greece reveals a striking trend: nearly half of the population (49 percent) is either opting out of a vacation this year or remains unsure about their plans. Conversely, just over half (49 percent) definitively state they will take a holiday.

According to the poll conducted by Alco on behalf of Alpha TV, those planning to get away, the prevailing choice leans towards more economical options.

A significant majority (47 percent) indicated they will spend their vacation at their own home or with relatives. Hotels remain a popular choice for 38 percent of respondents, while 7 percent plan to utilize Airbnb, and 8 percent will opt for camping.

The poll also highlights a notable age-based disparity, with older demographics disproportionately less likely to take a vacation. This suggests that financial and practical considerations are more acute for this segment of the population, effectively “depriving them of the right to vacation,” as one might interpret the findings.

The cost of vacation is the primary barrier for Greeks

The overwhelming reason for people staying home points directly to financial constraints. When asked why they choose not to travel, respondents cited:

• Accommodation Costs: An overwhelming 81 percent identified the cost of accommodation as a significant inhibiting factor.
• Other Essential Needs: Close behind, 80 percent stated they have other pressing financial needs that take precedence over vacation spending.
• Transportation Expenses: The cost of tickets emerged as the third-highest barrier, cited by 62 percent of those surveyed.
• Food Costs: Following closely, the expense of food during a trip also played a role in decision-making.

This data underscores the profound impact of economic realities on the vacation habits of Greek citizens, particularly as the cost of living continues to be a concern.

Ferries offer discounts

Ferry operators in Greece have launched a wave of discounts and offers in their fares, as demand has slowed down and passenger traffic has declined in the first five months of 2025.

Ferry lines operating in the Dodecanese and the North Aegean have been offering up to 30 percent discounts on selected routes and under specific conditions, while other ferry operators offer significant discounts for families and groups. Some companies promote targeted discounts, such as 10 percent off on the Piraeus-Cyclades route in an effort to boost demand.

According to the Greek Ministry of Maritime Affairs and Insular Policy and executives within the industry, passenger numbers are down for the first time since the pandemic. The Secretary General for Ports, Port Policy and Maritime Investment has recorded at least a 3 percent drop, compared to the first five months of 2024.

At the same time, the president of the Association of Shipping Companies estimates the overall decline stands at 4 percent.