12° Nicosia,
13 July, 2024

Airbnb soars in Cyprus as over 6,700 properties embrace the trend

Marios Tsianakas highlights the accommodation revolution, surpassing 30,000 beds in Cyprus


In Cyprus, there's a growing trend in tourist accommodation preferences, with an increasing number opting for self-catering options like Airbnb, according to Marios Tsianakas, the Tourism Officer of the Deputy Ministry of Tourism. The country has seen a surge, surpassing 6,700 self-catering accommodations and exceeding 30,000 beds. This trend is aligning with the preferences of younger generations across Europe, who seek flexibility and lower accommodation costs.

Tsianakas highlighted the positive impact of this market on the local economy, as visitors using self-catering accommodations often engage in various services like dining, transportation, and car rentals.

Simultaneously, the Ministry of Tourism issued a statement emphasizing the need for proper regulation. According to the "Regulation of the Establishment and Operation of Hotels and Tourist Accommodation Act," entrepreneurs/operators of self-catering accommodations must register in the Ministry's Register of Self-Catering Accommodation, obtain a registration permit, and include the registration number in all advertising and promotions.

An online platform facilitates the registration process, ensuring compliance with legislation. Violations, including operating without a permit, can lead to penalties, with potential imprisonment or fines not exceeding €5,000, or both. Continuous infringement after conviction may incur additional fines.

[Information sourced from CNA]

Cyprus  |  travel  |  tourism

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