occupancy Archives - Financial Mirror

Hotels expect high occupancy until November

Cyprus tourism stakeholders hope to break the 2019 record for holidaymakers arriving at the island, following a boost in bookings extending well into the Autumn. In comments to news site Stockwatch, Deputy

17th August 2023

Cyprus/Life & Society

August hotel occupancy at 80%, but 2023 a challenge

This year’s revised target of gradual recovery for the tourism industry will be attained, but staff shortages and soaring inflation pose challenges in the coming months, said the Cyprus Hotel Association’s (CHA)

5th August 2022

Cyprus/Life & Society

Paphos hotel occupancy at 80%

The hotel occupancy rate in the Paphos district during July will reach 80%, according to the chair of the local hoteliers association Thanos Michaelides. He said last month, hotel occupancy in Paphos

19th July 2022

Cyprus/Life & Society

Cyprus hotel occupancy down, room rates up

Although Cyprus hotel occupancy dipped below the regional average at 56%, the price of a room went the other way climbing 42% last year during the pandemic, according to STR hospitality data

16th February 2021

Cyprus/Life & Society