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Published 12 days ago

Hotel occupancy rates expected to be lower this summer

Summary by philenews.com

The hotel occupancy rates in Cyprus for the summer of 2024 are expected to be lower than those in 2023, according to current data, says Thanos Michaelides, the President of PASYXE. Michaelides stated, “We continue to be concerned about how summer occupancy will fare, considering everything happening around Cyprus,” while regarding the UK economy, he said it “shows some weaknesses.” He also added that despite efforts to fill the gap left by the …

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Hotel occupancy rates expected to be lower this summer

The hotel occupancy rates in Cyprus for the summer of 2024 are expected to be lower than those in 2023, according to current data, says Thanos Michaelides, the President of PASYXE. Michaelides stated, “We continue to be concerned about how summer occupancy will fare, considering everything happening around Cyprus,” while regarding the UK economy, he said it “shows some weaknesses.” He also added that despite efforts to fill the gap left by the …

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