Cypriot Parliament's Trade Committee

Short-term rent pricier in occupied Cyprus

Published by Kathimerini on Wed, 11/15/2023 - 03:00

In 2022, there was a 27% increase in Airbnb income in the occupied territories, with the annual revenue per accommodation unit reaching 24,000 euros. Speaking before the Cypriot Parliament's Trade Committee, Konstantinos Karakontis, the president of the Association of Self-catering Accommodation, also mentioned a projected 50% increase for 2023.