One in three tourists lost to north, Airbnb
One in three tourists arriving in Cyprus stay overnight in the north or opt for Airbnb – licensed or not, Pasyxe chairman Thanos Michaelides told the hotel owners’ association general meeting ...
Pros and cons highlighted in Paphos Airbnbs
While the growth in Airbnb accommodations boosted the broader regional economy, it has raised concerns over its impact on the traditional hotel sector, the Paphos Tourism Board (Etap) said on ...
Attorney-general’s office rejects cap on short-term rentals
The Law Office of the Republic has rejected a proposal by the deputy tourism ministry to cap the number of short-term rental properties a person or company can register in ...
No other way to bring down rents aside from banning short-term rentals
Actions must be taken to curb the phenomenon of short-term tourist rentals by private individuals as the unregulated sector is fueling the housing crisis, the head of the real estate ...
North to require all Airbnb hosts to register
The north will soon require all property owners who rent their properties on short term bases on tourism websites such as Airbnb to register their properties with the ‘government’ as ...
Short-term rentals in Cyprus: economic boon or scapegoat?
Yiannis Kotzias, general manager of operations of residential rental platform Phaedrus Living, has come to the defence of short-term rental properties, amidst a wave of criticism aimed at the sector.
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3.8 million overnight stays booked in Cyprus last year through online platforms
A total of 3.796 million overnight stays were booked in Cyprus in 2022 through online platforms such as Airbnb, Booking, Expedia or TripAdvisor, Eurostat figures released on Tuesday showed.
However, the number ...
Stek warns of inadequate regulation of tourism rentals
The Association of Cyprus Tourist Enterprises (Stek) on Tuesday warned of “inadequate regulation” of self-catering tourist accommodations.
It said there were between 80,000 and 100,000 rooms rented out to tourists that do ...
Airbnb owners given longer to register with government
People providing accommodation services will be afforded a transitional period to register with the governmental Airbnb register, under tweaks made to the relevant law announced on Tuesday in parliament.
The ...
MPs call for crackdown on illegal holiday renters
Lawmakers on Tuesday called for a crackdown on people renting out their properties but who continue to evade the taxman by not registering as Airbnb.
The House commerce committee discussed ...
EU court rules Airbnb must provide rental info to tax authorities
Short-term accommodation services company Airbnb ABNB.O must provide information in rental contracts to tax authorities and withhold tax under a national regime, the European Union’s top court ruled ...
Fears that Airbnb regulations are unenforceable
Short-term rentals increasing, with concerns they are spiralling out of control
By Nick Theodoulou
Is the party for short-term rentals coming to an end, with a heavy hangover on the ...
Tourist association: ‘short-term rental properties must be properly regulated’
The Association of Cyprus Tourist Enterprises (Stek) on Thursday issued a warning against the dangers posed by short-term rentals, saying that the rapid expansion of such practices in Cyprus needs ...
Airbnb faces light-touch regulation under EU plan
The European Commission will propose light-touch rules for Airbnb ABNB.O and other short-term home rental companies, people familiar with the matter said.
Under the draft rules, short-term home rental ...
2,000 short term stay units register with ministry
The deputy tourism ministry said on Monday that renters operating on platforms such as Airbnb have registered about 2,000 units with the government, ahead of the February deadline to do so.
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