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Hotels already bracing for a difficult 2023 as cost of living casts dark shadow
© Cyprus Mail | Hotels already bracing for a difficult 2023 as cost of living casts dark shadow

Hoteliers hope to meet their revised targets for 2022 but are bracing for a difficult 2023 as the cost-of-living crisis eats into the purchasing power of potential visitors and a labour shortage take its toll, Cyprus Hotel Association director Filokypros Rousounides said on Thursday.
Prior to Russia’s invasion of Ukraine, Cyprus was anticipating a tourism boom and some insiders projecting figures close to the record of 3.976 million arrivals of 2019.
Despite the loss of Russian and U….. Read More On: Cyprus Mail

Article Source: Cyprus Mail
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