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

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,...

32. Can Cyprus withstand yet another crisis?

The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...

33. SppMedia, EPIC, and Deejay Radio hand over a cheque to Nicosia's Center

The Epic Street Fest, which has now been established as an institution in the heart of the capital, is characterized by its philanthropic nature....

34. Woman arrested for duping victims of over €430,000

In a shocking turn of events, a 52-year-old woman has been apprehended by Limassol Police for allegedly orchestrating a fraudulent real estate scheme. ...

35. 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.'...

36. Europe tightens rules on short-term rentals for sustainable tourism

The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...

37. Landlords urged to be reasonable when pricing rentals

Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....

38. Lisbon's homes unaffordable as prices hit record highs

In a dramatic twist, Lisbon finds itself grappling with a housing crisis, ranking second only to Athens in soaring housing costs among major European cities, reports Bloomberg. ...

39. SPPMedia and Deejay Radio unite for Epic Xmas Street Fest

Epic, SPPMedia, and Deejay Radio don aprons for a good cause at Epic Street Fest - Christmas Edition 2023!...

40. Epic Street Fest illuminates Nicosia with Christmas splendor

Brace yourselves for an unforgettable evening as Epic, in partnership with Deejay Radio 93.5, presents the much-anticipated Epic Street Fest - Christmas Edition 2023. On Sunday, December 17, from 18:00 to midnight, Makarios Avenue transforms into a winter wonderland, radiating the magic of Christmas....

41. Israelis find sanctuary in Greece and Cyprus

As the conflict with Hamas in Gaza intensifies, a growing number of Israeli citizens are seeking refuge in Greece and Cyprus....

42. Rising rent costs challenge Cyprus middle-class budgets

A disconcerting trend is unfolding in Cyprus, where not only are the prices of essential goods on the rise, but rents are also skyrocketing, sparking extensive debates and concerns throughout society according to a report on Philenews....

43. Revolutionizing the management of multi-owner buildings in Cyprus

The proposed legislative changes, tabled in the parliament yesterday, seek to modify and enhance the existing framework for the management of common buildings....

44. Venice to charge €5 entry fee to tackle over-tourism

Venice will become the first city in the world to charge day-trippers an entry fee in a determined bid to curb mass tourism, its tourism chief announced yesterday....

45. ''Apollo 13'' the flick that fueled Netflix's creation

In 1997, Reed Hastings experienced something familiar to '90s folks. He rented a video tape but forgot to return it, resulting in a $40 charge from the video club. ...

46. Tourism sets record revenue with fewer arrivals

The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....

47. Europe dominates 7/10 searched summer getaways

The European destinations continue to have the highest travel interest this summer, while Asia Pacific has experienced a surge in popularity, a recent research by Skift has revealed, showing the ten most searched destinations for travel in the summer of 2023 is led by Bangkok, Thailand....

48. Greece tops billionaires' Mediterranean getaways

Greece is this year's number one destination for billionaires in the Mediterranean, surpassing Italy, which traditionally was their top choice. However, according to the travel planners for the 1%, billionaires no longer want to go to Mykonos....

49. Uncovering hidden gems abroad

July is a month that many people eagerly await to enjoy their vacations....

50. Unmasking tax evasion on Greek islands

New technologies, as well as citizens, are bringing cases of major tax evasion to the surface....

51. Greek islands grapple with doctor shortages as tourism takes priority

Many Greek islands face severe shortages of doctors and nurses and attempts to solve the issue fall afoul of local economies and, in certain cases, government bureaucracy....

52. MEP's pass bill banning home sales or rentals without energy upgrade

All properties available for sale or rent must incur compulsory energy upgrade costs, costing tens of thousands of euros, from 2030 onward, based on what is stated in the relevant European Union directive....

53. Looking ahead to 2023: House prices in Cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

54. Spend the night in a giant flower pot, or even a nuclear missile bunker

Would you ditch the Courtyard Marriot in order to sleep inside a giant flower pot? What about a nuclear missile bunker, a giant triceratops skull, or a pig sleeping under a quilt of grass and flowers?...

55. The Commission is pushing for regulation of Airbnb-style lodgings

As part of its efforts to promote transparency in the short-term rental sector, the Commission adopted on Monday a proposal for the regulation to improve transparency and assist public authorities in ensuring the sector's balanced development in the context of sustainable tourism....

56. K. Treppides & Co Ltd: Letting your property in Cyprus through online platforms (e.g. Airbnb)?

The economy of Cyprus is largely dependent on tourism, and this is evident from the fact that government revenues from tourism accounted for over 12% of Cyprus GDP in year 2019 (in accordance with publicly available statistics extracted pre Covid-19 pandemic). ...

57. People around the world are booking Airbnbs in Ukraine but they don't plan to check in

One of the social media influencers behind the Airbnb effort also has encouraged his followers to patronize Ukrainian merchants on Etsy but ask sellers not to ship any goods. Etsy has announced it's canceling the current balances and fees owed by all sellers in Ukraine....

58. Changes in scooter legislation

During its session yesterday, the Council of Ministers approved two bills for the regulation of Personal Mobility Devices, also known as scooters or e-scooters....

59. Tax alert: Cyprus

60. Airbnb complies with EU demands

Airbnb online platform has complied with EU demands aimed at curbing anti-competitive practices, following pressure and hefty fines handed down to a number of companies...