Cyprus hotels recorded a robust occupancy rate of 80% in October, surpassing last year’s performance for the same month, Thanos Michaelides, President of the Cyprus Hotels Association (PASYXE), announced this week. Michaelides expressed satisfaction with the results, noting the sector’s resilience and steady demand from international visitors.
Looking ahead to November, Michaelides shared that hotel occupancy is anticipated to remain encouraging, thanks to continued interest from key tourism markets. “Our goal is to extend the summer season into November,” he remarked, signalling the industry’s ambition to boost visitor numbers during the traditionally quieter month.
Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram
According to Michaelides, all hotels across Cyprus were operational in October. However, he noted that some establishments may temporarily close their doors as the month progresses, as part of a seasonal slowdown common during the cooler months.
When asked about the potential impacts of the ongoing conflict in the Middle East, Michaelides responded that key European markets, including the UK, Germany, and Poland, have effectively sustained visitor numbers, helping to offset any declines from other regions.
