The bankruptcy of German travel giant FTI Group has caused a potential shortfall of 30,000 bookings for Cyprus’ tourism industry. Hoteliers are facing uncertainty as tens of thousands of future bookings are at risk due to FTI’s collapse. The German market, an important source for Cypriot tourism, is further impacted by this situation, which could also affect Austria and Switzerland where the group operated.
Fact: Tourist arrivals for the first four months of 2024 in Cyprus indicate an increase of 1.7% compared to the same period in the previous year, totaling 748,814 arrivals.
Cap St Georges Hotel & Resort has achieved the Green Key certification, reflecting their dedication to environmental sustainability and eco-friendly hospitality practices.
Fact: The Deputy Ministry of Tourism in Cyprus recently revised the inventory of hotels and tourist accommodations, with the majority of them not meeting the necessary compliance criteria.
Fact: Ayia Napa Mayor Christos Zannettou has been accused of unlawfully securing a €765,000 European grant for a hotel renovation project in which he held a stake.
Fact: Tornaritis is not very popular among Disy supporters because of his two-faced role in the last presidential elections.
Cyprus’ tourism revenue surged by 15 per cent year-on-year in February 2024, reaching €65.1 million.
Deputy Minister of Tourism Kostas Koumis acknowledged that the Cypriot tourism sector is in need of foreign workers due to an increase in tourist arrivals, leading to labor shortages.
Fact: New legislation in Cyprus proposes three categories of swimming pools, with lifeguards only required for supervision in pools falling under the first two categories.
Fact: The Polis Chrysochous beach campsite, beloved by many for over 40 years, is undergoing a massive makeover after a ten-year legal battle, with plans to preserve existing vegetation, including iconic eucalyptus trees, and upgrade facilities.