Short term tourist accommodation operators in Cyprus are facing a weaker season, with occupancy rates and prices both falling by up to 15 per cent this year,
Speaking with Alpha TV on Saturday, Self-Service Tourist Accommodation Association (Stek) president, Konstantinos Karakontis said demand had slowed compared with last year’s strong performance, although the market had improved compared with that seen in 2024.
“This year is certainly moving at a slower
