AGP Executive Report
Last update: 3 hours agoTourism Outlook: Cyprus arrivals are 5.6% below last year, but the sector has proved more resilient than expected. At the World Travel Market, tourism officials said major British tour operators plan to add flight seats in 2027. Hotel Pressures: More visitors have not guaranteed stronger returns: hotel revenues fell 7–8% this season and profits by as much as 10%, as higher airfares and tour-operator deals squeeze margins. Winter Air Links: Airlines are keen to extend the Cyprus season and expand services next year, though rising fuel costs and last-minute bookings make routes harder to plan. New Stay: Larnaca has welcomed the ibis Styles seafront hotel, adding to the island’s accommodation options.
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