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High Occupancy Rates for Cyprus Restaurants in October; Winter Decline Anticipated

Restaurants, cafes, and bars in Cyprus experienced a strong October, with occupancy levels reaching 80 to 90 per cent, according to Neophytos Thrasyvoulou, president of the Federation of Leisure Centre Owners (Osika). He described October as a “very successful month” for the food service industry.

However, with winter approaching, Thrasyvoulou acknowledged potential challenges, especially with the impact of regional instability. “Visitor numbers have seen a slight drop in recent days,” he noted, though he hopes that occupancy levels will remain steady until mid-November. By early November, Thrasyvoulou expects visitor occupancy to hover around 50 to 60 per cent, after which the responsibility will lie with businesses to keep operating, with support from the Labour Ministry’s programme to extend the tourism season.

Reflecting on the earlier summer months of June and July, Thrasyvoulou highlighted that visitor numbers were initially lower than expected, largely due to Middle East tensions. The trend eventually improved, leading to a stronger second half of the season.

Despite rising costs, Thrasyvoulou urged business owners to maintain affordable pricing, aiming to keep dining accessible for both locals and tourists amid economic pressures.

Cyprus Registered Unemployment Rises 9.9% In June

Cyprus’ registered unemployment increased in June 2026, with the number of jobseekers rising by 903, or 9.9%, compared with the same month a year earlier, according to the Statistical Service of Cyprus (Cystat).

Registered Unemployment Reaches 10,056

The number of people registered at District Labour Offices reached 10,056 at the end of June, up from 9,153 in June 2025.

Seasonally Adjusted Figures Show A Gradual Increase

Seasonally adjusted data, which provide a clearer picture of underlying labour market trends, showed registered unemployment edging up to 10,656 in June from 10,543 in May.

Services Sector Accounts For Most Of The Increase

Cystat attributed the annual rise primarily to higher numbers of registered unemployed in accommodation and food service activities, public administration, education, and human health and social work.

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