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Cyprus Records EU’s Second-Fastest Growth In Short-Term Rental Stays

by THEFUTURE.TEAM

July 7, 2026

Cyprus recorded the second-fastest growth in overnight stays booked through short-term rental platforms across the European Union in the fourth quarter of 2025, highlighting continued demand beyond the peak summer season.

Cyprus Outperforms Much Of The EU

According to Eurostat, overnight stays booked through online accommodation platforms rose 30.1% year on year in Cyprus during the fourth quarter. Only Malta recorded stronger growth, at 37.5%, while Slovakia ranked third with an increase of 26.3%.

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The figures point to sustained demand for short-term rentals during the October-to-December period, when tourism typically slows across much of Europe.

EU-Wide Demand Continues To Grow

Across the European Union, overnight stays booked through platforms such as Airbnb, Booking.com and Expedia increased by 10.9% compared with the fourth quarter of 2024.

Growth continued into 2026, with overnight stays rising 9.7% year on year to 144.3 million in the first quarter, according to Eurostat.

Cyprus Ranks Among The Longest Stays

Cyprus also recorded one of the highest average lengths of stay in the EU’s short-term rental market. Eurostat estimated an average of 18 nights per booking, placing the island behind Malta and ahead of several other Mediterranean destinations.

Spain And France Lead In Total Overnight Stays

In absolute terms, the highest number of overnight stays in the fourth quarter was recorded in Spain’s Andalusia and Canary Islands, as well as France’s Île-de-France region, which includes Paris.

Eurostat’s data cover bookings made through online short-term rental platforms and exclude overnight stays in hotels and other forms of tourist accommodation.

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Cyprus Employment Rises 1.7% To 525,167 In Q2 2026

by THEFUTURE.TEAM

September 7, 2026

Cyprus employment increased 1.7% year over year to an estimated 525,167 people in the second quarter of 2026, according to the state statistical service, Cystat. Employees accounted for 472,254 of the total, while 52,913 were self-employed. The increase points to continued labor market growth across both wage employment and independent work.

Trade, Construction And Leisure Lead Employment Growth

Wholesale and retail trade, including motor vehicle and motorcycle repair, recorded some of the strongest employment gains, alongside construction and arts, entertainment and recreation.

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Those sectors are closely linked to domestic economic activity, with trade reflecting consumer demand and construction reflecting investment. Employment growth in leisure-related industries also points to continued activity in consumer-facing services.

Hours Worked Rise Faster Than Employment

Labor input increased faster than headcount. Cystat estimated that employees and other workers put in 246.57 million hours during the second quarter, up 2.2% from a year earlier.

The increase suggests that businesses were not only employing more people but also recording higher total hours worked. Wholesale and retail trade, construction, and arts, entertainment and recreation again recorded the strongest gains.

Labor Market Expansion Remains Broad-Based

The combination of higher employment and hours worked points to continued expansion in Cyprus’ labor market during the second quarter. The pace remains moderate, but gains across several major sectors indicate that labor demand continued to support economic activity.