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Limassol Hotels See August Bookings Recover To Last Year’s Levels

by News Editor

August 12, 2026

Hotel occupancy in Limassol has reached around 90% in August, bringing the city’s performance back in line with last year, according to PASYXE Limassol President Christos Tsanos.

Last-minute bookings have played a key role in the recovery, with demand strengthening particularly during the week of August 10-17. Domestic travellers have also contributed to the increase, helping hotels across the city and district reach current occupancy levels.

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Late Bookings Drive Summer Recovery

Tsanos said the strong role of last-minute reservations was the defining feature of this year’s tourism season. He added that the latest figures confirm his earlier expectation that the negative impact of the war in Iran would gradually ease.

In late June, Tsanos had forecast a recovery in tourist traffic following changes to travel advisories in several countries. At the time, however, he warned that a strong summer alone would not be enough to offset weaker periods earlier in the year.

Hotels Keep Prices Mostly Stable

Most Limassol hotels have kept their prices close to last year’s levels, with increases generally limited to no more than 5%.

Tsanos said the approach was intended to support both the domestic market and international visitors considering a return to Limassol. With the city attracting a large share of higher-income tourists, he added that maintaining high service standards remains particularly important.

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Cyprus Business Electricity Prices Rank Among The EU’s Highest

by THEFUTURE.TEAM

November 6, 2026

Electricity prices for a defined group of non-household consumers in Cyprus reached €0.23 per kilowatt-hour in the first half of 2026, placing the country among the most expensive in the EU, according to Eurostat.

The rate matched Italy and exceeded the EU average of €0.18. Ireland recorded the highest price at €0.27 per kilowatt-hour.

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The figures cover non-household consumers with annual electricity consumption of between 500 and 2,000 megawatt-hours, rather than all businesses or households.

EU Electricity Prices Continued To Fall

Across the EU, average prices for this consumer group declined by 2% compared with the second half of 2025 and were 5.4% lower year on year.

The lowest rates were recorded in Finland (€0.09 per kWh) and Sweden (€0.12), followed by Denmark, Spain and Portugal, all at €0.13.

Prices Fell In Most Member States

Electricity prices declined year on year in 19 EU countries during the first half of 2026. Luxembourg recorded the largest fall, at 23.8%, followed by Czechia (11.9%) and Greece (11.8%).

Prices increased in eight member states, led by Sweden (18.8%), Finland (18.7%) and Bulgaria (14.2%). Despite the sharp increases, Finland and Sweden continued to have the lowest electricity prices in the bloc.