Thanos Michaelides: Satisfactory reservation numbers ahead of new tourist season

11:30 - 19 January 2024

People Economy

The Head of Cyprus Hotel Association (PASYXE) Thanos Michaelides said that reservation numbers for the new tourist season are so far satisfactory, as is the interest shown from both small and large markets.

In statements to Cyprus News Agency, Michaelides said that in 2023 Israel was the second largest tourist market and now, as a result of the war, this market records losses.

He noted that it is extremely hard to make any predictions recalling the recent picture due to COVID pandemic, the war in Ukraine and currently the situation in the Middle East.

Head of PASYXE said that hoteliers, the Deputy Tourist Ministry and Hermes Airports - the company which manages and controls Larnaca and Paphos International Airports - must be constantly on alert and cooperate in order to bring more tourists to the island.

He also said that approximately one third of the hotels are open during this period. But occupancy rates are very low, he added, noting that in Paphos district these rates reach 30% at the moment.

Replying to a question, Michaelides said that the main tourist markets are now the UK, Poland and Germany.

Thanos Michaelides: Satisfactory reservation numbers ahead of new tourist season

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