Greek hosts eye share of Airbnb payout

Those who let their properties on the short-term rental market are seeking ways to retain their presence there, having invested time and money in developing what is effectively a new economic activity in response to the decade-long financial crisis in Greece.

Amid a tempest of booking cancellations by travelers due to the coronavirus pandemic and the bleak prospects for the next few months, hundreds of Greek hosts are currently in daily contact with leading online platform Airbnb and its support center in Italy trying to find out what comes next.

What Greek landlords want to know is how they can obtain a share of the $227 million assistance program Airbnb has announced.

According to its terms, as those personally interested confirm, the US group intends to compensate the hosts for the bookings canceled by paying them 25 percent of the value of each booking....