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1. Banking sector's pledge to environmental transition

Eliza has been the Executive Director of Finance since October 2019 and since October 2021 she has been an Executive Member of the Bank of Cyprus Board of Directors....

2. Hoteliers express concern over slowdown in summer bookings

The chair of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, expressed concerns over a summer slowdown in bookings, fearing that 2024 might end with fewer reservations compared to last year. ...

3. Cypriots opting for Easter holidays abroad

According to the Association of Cyprus Tourism Agents (ACTA), a substantial number of Cypriots are opting for Easter holidays abroad, as indicated by recent figures....

4. Hotel industry faces backlash over residence fees

The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....

5. Athens is the ultimate hit with Americans as visitors top 1 million

Athens has developed into a booming 12-month tourism destination, and its biggest market is the US, a new survey is showing....

6. Cyprus embarks on €8 billion growth spree with major projects

In a recent press release, the Association of Large Investment Projects affirmed that Cyprus is poised for sustained economic growth, with a portfolio of major projects exceeding €8 billion. ...

7. Greece rolls out 'climate resilience levy' to fund post-disaster reconstruction

In an effort to finance reconstruction projects following severe forest fires and floods, the Greek government has introduced a new accommodation tax, referred to as the 'climate resilience levy.'...

8. Hotel occupancy rates at 30%-40% in December

The average occupancy rates in December, the predominantly festive month, in hotels and accommodation units, is expected to range around 35% to 40%, ...

9. Labor Minister responds to industry staff shortages, urges caution in demands

In response to demands from employer representatives regarding staff shortages in retail, catering, and the hotel industry, Minister of Labour and Social Insurance, Yannis Panagiotou,...

10. Workforce crisis grips Cyprus as 12,000 job vacancies surge

In the hotel, catering, and retail sectors, an estimated 12 thousand personnel needs have prompted relevant professional associations to jointly appeal to the Ministry of Labour, seeking simplified procedures for hiring staff from third countries....

11. Cypriots pack bags for record-breaking 2023 getaways

Cypriots are preparing suitcases for abroad, taking advantage of the short holidays offered by the Christmas and New Year celebrations....

12. Surging Airbnb revenues by 27% in occupied territories

For 2022 alone, there has been a 27% increase in Airbnb income in the occupied territories, with the annual amount per accommodation reaching 24 thousand....

13. Bombs at the US Embassy

On November 30, 1963, just eight days after the assassination of John F. Kennedy, President Archbishop Makarios submitted to Vice President Dr. Fazil Kiouchuk the 13 points for improving the Constitution of the Republic of Cyprus. ...

14. Bedbug infestation sparks unusual scene in the City of Lights

A video has surfaced showing multiple mattresses piled up and littering a street in Paris, France, amid a current bedbug infestation....

15. ECB VP Luis de Guindos to address inflation and monetary policy in Cyprus

European Central Bank Vice - President, Luis de Guindos, is scheduled to visit Cyprus on Wednesday, at the invitation of the Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou....

16. British Woman alleges gang rape by Israeli men in Ayia Napa

A leaked report obtained by the Daily Mail reveals that a British woman has alleged being gang-raped by five Israeli men during her holiday in Cyprus. The 20-year-old victim, whose identity remains confidential due to legal considerations, reported the incident in the party resort of Ayia Napa....

17. Hotel bookings hit 95% in August, says PASYXE president

President of Cyprus Hotels Association (PASYXE) Thanos Michaelides has told CNA that the current tourist period is on a good track, however, the season must be over in order to assess the situation....

18. Cyprus hotels expect August rebound, 85%-90% occupancy forecasted

The occupancy of hotels in July was between 80%-85% and better results are expected for August, when occupancy rates could reach 85%-90% the Head of the Cyprus Hotels Association (PASYXE) Thanos Michaelides told the Cyprus News Agency....

19. Ηead & Hand: Akamantis by artist Kyriaki Costa

20. Greek wildfires lead to flight cancellations

Raging wildfires on the Greek island of Rhodes have sparked the evacuation of around 2,000 tourists from its resorts....

21. International aid rushed to support Greece

Wildfires burned for a third day west of the Greek capital Athens on Wednesday, destroying forests and homes and spurring evacuations, as authorities braced for a new heatwave that was likely to further stoke tinderbox conditions across the country....

22. Varosha's mysterious hotel reservations raise concerns

Today, Yeniduzen highlights a peculiar development in Varosha as its main story under the headline "A strange reservation." The newspaper reports on the opening of reservations for four hotels within the Varosha gated area, scheduled for 2025. ...

23. Double the number of tourist transfers to the occupied territories

The arrival of 11 tourists in Cyprus, through the country's legal airports, and then a number of them arriving in the occupied areas, is not a daily phenomenon....

24. Exploring authentic Cypriot products with passion and tradition

The journey of "Gastronomo" to explore and promote authentic Cypriot products continues. In March, they organized six blind tastings* over three different days, where "G" tasters sampled 62 different product labels. ...

25. Assessing Christodoulides' stance on the tourism sector

Judging from President Christodoulides' recent remarks on his 100-day governance report, it seems that the sectors of Shipping and Tourism are relatively low on his list of priorities....

26. Cyprus's slow ride on the electric car bandwagon

We are slowly rushing towards zero-emission transportation. The data from new vehicle registrations indicate that while the numbers are increasing, the percentage of electric cars on Cypriot roads remains limited....

27. Pentecost weekend to boost tourism in Protaras

Last-minute reservations are typical for the Pentecost long weekend, as described by tourism professionals....

28. Cheers to the 14th Cyprus wine competition - A toast to wine lovers everywhere!

Get ready to raise your glasses as the 14th Cyprus Wine Competition, a testament to the nation's devotion to the wine sector, is just around the corner! From May 22 to May 26, 2023, Cyprus will host a vibrant extravaganza dedicated to the art of winemaking, attracting wine aficionados from far and wide....

29. Easter holiday boosts air travel in Cyprus by 26%

April will kick off the summer tourist season with satisfactory arrivals and hotel occupancies for the Easter period. Since last week, demand for travel has started to rise from foreign tourists, ...

30. High prices continue to plague the market