Low occupancy means hotels open in Paphos operating at a loss

Occupancy levels of hotels that are open in Paphos are not even reaching 20 per cent, president of the Paphos Hoteliers Associaion Thanos Michaelides said on Sunday.
Speaking to the Cyprus News Agency, Michaelides said that 25 per cent of units are open at the moment in Paphos, adding that February is set to have similar low levels, while it is yet to be seen how the pandemic will pan out.
Occupancy rates are very low and all Paphos hotels that are open at the moment are working at a l….. Read More On: Cyprus Mail