Cyprus tourism faces decline in bookings and arrivals

The Cyprus Hotel Association (PASYXE) reports a significant decline in tourism for the current season, citing a 60% to 70% decrease in daily booking volume compared to last year. May data already shows a 30% reduction in arrivals, with hotel occupancy rates expected to remain low for the remainder of the season. Industry officials, including General Manager Christos Angelidis, attribute the downturn to rising aviation fuel costs, flight cancellations, and reduced flight schedules across Europe. Additionally, geopolitical instability in the Middle East and concerns stemming from incidents at the Akrotiri British Bases have created uncertainty among potential visitors. Travel advisories issued by the United Kingdom and the United States have further compounded these difficulties. Commentary indicates that broader economic factors, such as stagnant growth in major European economies, are also playing a significant role. Authorities note that while these issues have harmed the country's public image, efforts were previously focused on national security rather than tourism promotion.