Cyprus hotel bookings improve but season remains under pressure

Hotel bookings in Cyprus are gradually improving after months of disruption linked to the crisis in the Middle East, but the sector is still facing an average loss of around 20 per cent for the rest of the season, the president of the hotel managers association has said.

Christos Angelides said the wave of cancellations recorded over the past two to three months had now stopped, while the flow of bookings had improved in the immediate period and, gradually, for the rest of the season....