{"id":14285,"date":"2024-06-04T11:00:06","date_gmt":"2024-06-04T08:00:06","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=14285"},"modified":"2024-06-04T11:00:06","modified_gmt":"2024-06-04T08:00:06","slug":"collapse-of-german-travel-group-a-blow-to-cyprus-tourism","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=14285","title":{"rendered":"Collapse of German travel group a blow to Cyprus tourism"},"content":{"rendered":"<p>The bankruptcy of German travel giant FTI Group has dealt a blow to Cyprus\u2019 tourism industry, with hoteliers facing a potential shortfall of 30,000 bookings this season, the Pancyprian Hoteliers Association (PASYXE) told CyBC Radio on Tuesday.<br \/>\nWhile around 800 FTI tourists currently holidaying in Cyprus are insured and will be repatriated under a German government scheme, the future bookings of tens of thousands remain uncertain, said PASYXE General Secretary Philokypros Rousounides.<br \/>\nThe German market, an important source for Cypriot tourism, is further impacted by FTI\u2019s collapse, which could have ripple effects on Austria and Switzerland where the group also operated.<br \/>\nRead more:<\/p>\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-in-cyprus-com wp-block-embed-in-cyprus-com\"><\/figure>\n<p>bookings. bankruptcy, German travel giant, FTI Group, Cyprus tourism industry, hoteliers, shortfall, bookings, PASYXE, future bookings, German market, ripple effects, Austria, Switzerland<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bankruptcy of German travel giant FTI Group has caused a potential shortfall of 30,000 bookings for Cyprus&#8217; tourism industry. Hoteliers are facing uncertainty as tens of thousands of future bookings are at risk due to FTI&#8217;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.<\/p>\n","protected":false},"author":5,"featured_media":14286,"comment_status":"open","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1521,12246,10709,12242,4369,909,3,2132,5747,26,12188,12239,4081,12244,8902,12238,576,415,12240,1991,613,12243,1258,12245,4054,12154,9856,12241,6386,8977,114,238,3896,10413,1182,5265],"class_list":["post-14285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other","tag-1521","tag-austria","tag-bankruptcy","tag-bookings","tag-collapse","tag-cybc","tag-cyprus","tag-cyprus-tourism","tag-cyprus-tourism-industry","tag-economy","tag-fti","tag-fti-group","tag-future","tag-future-bookings","tag-german-market","tag-german-travel-giant","tag-germany","tag-government","tag-hoteliers","tag-industry","tag-insider-economy","tag-pasyxe","tag-repatriated","tag-ripple-effects","tag-risk","tag-scheme","tag-season","tag-shortfall","tag-situation","tag-switzerland","tag-top-news","tag-tourism","tag-tourism-industry","tag-tourists","tag-travel","tag-uncertainty"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Collapse of German travel group a blow to Cyprus tourism<\/title>\n<meta name=\"description\" content=\"The bankruptcy of German travel giant FTI Group has caused a potential shortfall of 30,000 bookings for Cyprus&#039; tourism industry. Hoteliers are facing uncertainty as tens of thousands of future bookings are at risk due to FTI&#039;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.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Collapse of German travel group a blow to Cyprus tourism\" \/>\n<meta property=\"og:description\" content=\"The bankruptcy of German travel giant FTI Group has caused a potential shortfall of 30,000 bookings for Cyprus&#039; tourism industry. Hoteliers are facing uncertainty as tens of thousands of future bookings are at risk due to FTI&#039;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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ch.jfdi.cc\/?p=14285\" \/>\n<meta property=\"og:site_name\" content=\"ch.jfdi.cc\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-04T08:00:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/06\/collapse-of-german-travel-group-a-blow-to-cyprus-tourism.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"540\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"PhileNews (Cyprus)\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PhileNews (Cyprus)\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=14285#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=14285\"},\"author\":{\"name\":\"PhileNews (Cyprus)\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#\\\/schema\\\/person\\\/b84b88c4fd397cc2d0104b41d48fad84\"},\"headline\":\"Collapse of German travel group a blow to Cyprus tourism\",\"datePublished\":\"2024-06-04T08:00:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=14285\"},\"wordCount\":134,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=14285#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ch.jfdi.cc\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/collapse-of-german-travel-group-a-blow-to-cyprus-tourism.jpg\",\"keywords\":[\"000\",\"Austria\",\"bankruptcy\",\"bookings\",\"collapse\",\"CyBC\",\"Cyprus\",\"Cyprus tourism\",\"Cyprus tourism industry\",\"Economy\",\"FTI\",\"FTI Group\",\"future\",\"future bookings\",\"German market\",\"German travel giant\",\"germany\",\"government\",\"hoteliers\",\"Industry\",\"Insider\\\/Economy\",\"PASYXE\",\"repatriated\",\"ripple effects\",\"risk\",\"scheme\",\"season\",\"shortfall\",\"situation\",\"switzerland\",\"Top News\",\"tourism\",\"tourism industry\",\"tourists\",\"travel\",\"uncertainty\"],\"articleSection\":[\"Other\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ch.jfdi.cc\\\/?p=14285#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=14285\",\"url\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=14285\",\"name\":\"Collapse of German travel group a blow to Cyprus tourism\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=14285#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=14285#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ch.jfdi.cc\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/collapse-of-german-travel-group-a-blow-to-cyprus-tourism.jpg\",\"datePublished\":\"2024-06-04T08:00:06+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#\\\/schema\\\/person\\\/b84b88c4fd397cc2d0104b41d48fad84\"},\"description\":\"The bankruptcy of German travel giant FTI Group has caused a potential shortfall of 30,000 bookings for Cyprus' tourism industry. 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