Prices are falling and Russian tourists have disappeared as Cyprus resort changes face
Translated from Lithuanian and summarized by DistantNews. Read the original for the full story.
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- Hotels in Paphos, Cyprus, reached 85% to 90% occupancy in August, according to the president of the Paphos Hotel Association.
- Demand rose particularly around the August 15 holiday period, but room prices and autumn bookings have declined.
Hotels in the Cypriot resort of Paphos recorded occupancy of 85% to 90% in August, according to Evripides Loizides, president of the Paphos Hotel Association.
Loizides warned that the sector remains under pressure despite the strong summer figure. Room prices are falling, while autumn bookings have dropped sharply.
Speaking to the Cyprus News Agency, he said demand increased particularly around the August 15 holiday period.
About this summary
Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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