Greece, the land of unrivaled historic grandeur, crystalline seas, and sun-kissed islands, is a paradise that has seduced travelers for centuries. And, nestled within its awe-inspiring beauty are luxury hotels that take the Greek experience to a sublime level. Before we delve into the intricacies of these resplendent accommodations, it is imperative to comprehend the context and the complexities that circumscribe the luxury hotel landscape in Greece.

• Geography Has a Significant Impact: The Greek luxury hotel scenario is intertwined with its geography. The mainland offers prestigious city hotels, while the islands are a treasure trove of beach and boutique luxury resorts. Santorini is renowned for its spectacular views of the caldera from luxury cliffside hotels, Mykonos is synonymous with stylish beach resorts, and Athens is home to elegant city hotels. Consequentially, the type of luxury experience is largely dictated by the topography - a concept known as "geographical determinism" - an assertion that holds its roots in ancient Greek philosophy.

• Seasonality Matters: Greece experiences pronounced seasonality. The high season, from June to September, witnesses a surge in hotel prices due to increased demand. Conversely, the low season, primarily winter, is characterized by decreased demand and lower prices. This price fluctuation is an illustration of the Economic Law of Demand and Supply, where prices increase when demand surpasses supply, and decrease when supply exceeds demand.

• Decipher the Definition of Luxury: In Greece, luxury hotels are categorized into 4-star and 5-star accommodations – a system based on EU regulations considering aspects like size, facilities, and service quality. A 5-star hotel offers more services and features compared to a 4-star hotel, yet both qualify for the 'luxury' tag. It's crucial to understand this categorization to align expectations with the provided amenities and services.

• Boutique Luxury and Chain Luxury Are Two Different Experiences: Boutique hotels offer a personalized, intimate experience with an emphasis on aesthetics and local culture. Comparatively, luxury chains offer standardized services and amenities that meet global standards. The choice between the two is subjective, hinging on personal preferences – an example of 'Opportunity Cost,’ a fundamental concept in economics.

• High Price Does Not Equate To High Value: A higher price tag does not always guarantee an exceptional experience. Law of Diminishing Marginal Utility, a significant concept in microeconomics, posits that the satisfaction derived from a product decreases as its consumption increases. Hence, it is judicious to consider reviews and ratings before making a booking, instead of solely depending on the price as an indicator of quality.

• Not All Luxury Hotels Are Adults Only: Several luxury hotels in Greece are adult-only, catering to the increasing demand for tranquil, child-free environments. However, many high-end resorts also cater to families, offering facilities like kids' clubs, babysitting services, and family-friendly activities. This showcases the diversity of the Greek luxury hotel market, which accommodates a wide range of customer preferences.

• Inclusion of Local Elements: Many luxury hotels in Greece take pride in their 'Greekness,' incorporating local architecture, cuisine, and wellness routines like thalassotherapy. This emphasis on local elements is an application of the 'Glocalization' theory, which advocates the co-existence of global and local influences, enhancing the overall guest experience.

• Environmental Impact and Sustainability: Greek luxury hotels are increasingly aligning with the principles of sustainable tourism. Many have incorporated practices like solar energy utilization, water recycling, and locally-sourced food, contributing to the global 'Green Movement'. This underscores the growing awareness and commitment towards environmental sustainability within the luxury hotel industry.

To conclude, selecting a luxury hotel in Greece involves a holistic understanding of various factors ranging from geography to sustainability. It requires a meticulous assessment beyond aesthetics and price, necessitating a deep understanding of concepts like geographical determinism, economic laws, opportunity cost, glocalization, and environmental sustainability. Such comprehension not only enriches the vacation experience but also contributes to a more conscious and informed global traveler community.