Cyprus Hotels See Gradual Booking Recovery Amid Summer Uncertainty

The Cyprus hotel industry is experiencing a cautious rebound in booking activity, though current figures remain below seasonal expectations. Thanos Michaelides, Chairman of the Cyprus Hoteliers Association (Pasyxe), highlighted the ongoing challenges during recent remarks, noting that May’s performance fell short of potential while forecasting a similar trend for June.

Booking Trends And Seasonal Impact

The booking gap created earlier this year has yet to be fully closed, leaving the sector dependent on stronger demand in the coming weeks. Hoteliers are particularly focused on July and August, traditionally the busiest months of the year. A rise in last-minute bookings could help improve occupancy levels during the peak holiday season.

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Monitoring Developments For Summer Forecasting

Pasyxe continues to track booking patterns closely as it assesses prospects for the remainder of the summer. “We need to monitor the situation constantly to have a more correct forecast of how the summer season will develop,” Michaelides said. The association expects reservation trends over the next few weeks to provide a clearer indication of demand during the peak tourism period.

Market Dynamics And Strategic Responses

The Israeli market is showing signs of recovery and could provide an important boost to the tourism sector. Michaelides noted that Israeli travelers have historically responded quickly to changing conditions, making the market a potentially significant driver of summer occupancy. To stimulate demand, many hotels have introduced additional discounts for tour operators and domestic travelers.

The Role Of Human Capital In Tourism

Alongside demand concerns, the sector continues to face workforce challenges. Michaelides welcomed government support measures introduced in April to help businesses address staffing shortages and operational pressures. He stressed that service quality remains one of Cyprus’ key competitive advantages and said skilled personnel continue to play a vital role in maintaining the island’s appeal as a tourism destination.

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Cyprus Remains Among EU’s Lowest Renewable Electricity Producers

by THEFUTURE.TEAM

July 27, 2026

Cyprus remained among the European Union’s weakest performers in renewable energy adoption in 2025, with renewables accounting for 27.5% of gross electricity consumption, according to new data published by Eurostat.

Across the EU, renewable sources supplied 49.9% of gross electricity consumption last year, bringing the bloc close to generating half of its electricity from renewable energy.

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Cyprus Remains Among The EU’s Lowest Performers

Cyprus ranked among the EU countries with the lowest share of renewable electricity, ahead of only Malta at 11.2%, the Czech Republic at 19.2%, Luxembourg at 23.3% and Slovakia at 24.1%.

Across the country’s broader energy system, renewables accounted for 21.5% of gross final energy consumption in 2025.

EU Renewable Electricity Continues To Grow

Renewables supplied 49.9% of gross electricity consumption across the EU in 2025, up from 47.5% a year earlier. Since Eurostat began collecting comparable data in 2004, the share has risen from 15.9%.

Austria recorded the highest share at 90.8%, followed by Sweden at 89.2%. Denmark generated 77.7% of its electricity from renewable sources, followed by Portugal at 65.6%, Greece at 60.9% and Spain at 60.7%.

Overall Energy Transition Still Has Work Ahead

Renewables accounted for 26.2% of the EU’s gross final energy consumption in 2025, up from 25.2% in 2024 and 9.6% in 2004.

Despite the increase, the bloc remains below its legally binding target of 42.5% by 2030. According to Eurostat, achieving that goal will require an average annual increase of 3.3 percentage points between 2026 and 2030.

Sweden recorded the highest overall renewable energy share at 65.4%, followed by Finland at 53% and Denmark at 48.2%. Belgium recorded the lowest share at 14.9%, followed by Slovakia at 16.3% and Ireland at 17.2%.

Heating And Cooling Also Show Steady Progress

Renewable energy accounted for 27.4% of heating and cooling across the EU in 2025, the highest level since comparable records began in 2004. The share increased by 0.7 percentage points from 2024, slightly below the long-term annual average increase of 0.75 percentage points.

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