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

by THEFUTURE.TEAM

November 1, 2024

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.

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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.

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Cyprus Tourism Leaders Call For Reassessment Of U.S. Travel Advisory

by THEFUTURE.TEAM

March 4, 2026

Declining Bookings And Industry Concerns

Cyprus has seen a noticeable slowdown in hotel bookings in recent weeks following a U.S. travel advisory that tourism leaders consider unjustified. Industry representatives report fewer new reservations alongside cancellations affecting the key April and May travel period. According to sector officials, prolonged uncertainty could weaken the early momentum of the summer tourism season.

Government Engagement And Coordinated Response

Akis Vavlitis, president of the Association of Cyprus Tourism Enterprises (Stek), confirmed that the Cypriot government is preparing to formally challenge the advisory with the U.S. Embassy in Cyprus and the U.S. Department of State. Authorities are being urged to consider how critical the timing is, particularly with the potential for flight cancellations and the subsequent knock‐on effects on bookings from June onward.

Strategic Meetings And Industry Advocacy

Tourism stakeholders are planning an urgent meeting involving industry representatives, government officials, and ministers responsible for tourism, labor, and finance. Discussions may also take place under the coordination of the president. The goal is to consolidate proposals from across the sector and mitigate potential impacts on the tourism season during a period marked by geopolitical uncertainty.

Market Resilience And Future Outlook

Christos Angelides, general director of the Hoteliers Association (Pasyxe), reassured industry participants by highlighting that, while short-term booking adjustments are evident, the long-term outlook for the summer season remains resilient. Angelides, currently engaged in strategic discussions with partners in Berlin, noted that flexibility in reservation policies and assurances from major airlines such as British Airways and EasyJet are critical to maintaining customer confidence.

Call For Calm And Cohesive Action

Both industry groups stress the importance of measured responses rather than reactive panic. Angelides reminded stakeholders that the strength of Cyprus’s tourism history lies in its ability to navigate through crises with calm, coordinated, and swift decision-making. As questionnaires are circulated among members to gather further insights, industry experts remain optimistic that the collective action will effectively sustain the island’s appeal to global travelers.

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