Cyprus hotels association addresses impact of Middle East crisis on tourism

The Cyprus Hotels Association (PASYXE) held its annual general assembly to mark its 90th anniversary, focusing on the challenges posed by the Middle East crisis. Outgoing president Thanos Michaelides stated that bookings decreased and cancellations rose by approximately 30% during March and April, with negative trends continuing into May and June. New president Giannos Pantazis noted that while new bookings remain below 2025 levels, the gap is narrowing and current performance is improving. President Nikos Christodoulides addressed the assembly, describing the tourism losses as manageable and emphasizing the government's goal to extend the tourism season until the end of November. Industry leaders have proposed creating a permanent crisis management team involving hoteliers, travel agents, and airports. The government has encouraged hoteliers to utilize available support measures to bolster the sector's resilience. The Archbishop of Cyprus also expressed the Church's continued support for the development of the industry.