Cyprus hoteliers say there is a slowdown in summer bookings

07:47 - 15 May 2024

Companies Reporter

Cyprus Hotel Association (PASYXE) President Thanos Michaelides has said that there is a slowdown in summer bookings and appears concerned that 2024 will end at a lower level off bookings compared to last year.

In statements to CNA after the general assembly of the Hotels Association of Famagusta, on 14 May, Michaelides said that the Famagusta district is one of the most important districts for Cyprus tourism not only in terms of quality but also in the number of beds at the area hotels.

He said that all hoteliers are teaming up to try to limit the problem of slow bookings through special campaigns with the aim of attracting tourists. Michaelides said, replying to a question, that the issue of limited bookings exists island-wide, adding that there is also the issue of last-minute bookings which makes planning quite difficult.

He also said that efforts are underway to bring tourists from central Europe, but, as he added, this cannot cover the losses. Michaelides also told the press that Britain’s economy, which is the main market for Cyprus, is weak and this has an impact on bookings.

Invited to comment on the rise in fuel prices and air ticket prices, the PASYXE President said that Cyprus will always be a relatively expensive destination and therefore efforts are made to provide the tourists with a product worth of what they pay.

He also said that the government has to support the aim of year-round tourism in Cyprus. Michaelides also expressed satisfaction with the rate at which the applications from foreign employees are being assessed.

Famagusta Hotels Association head Panagiotis Constantinou said that the debate held during the general assembly was constructive. He said there is a slight decrease in bookings but expressed hope that the situation will improve.

(Source: CNA)

Cyprus hoteliers say there is a slowdown in summer bookings

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