Economy · Cyprus
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6 July
Most hotels in Cyprus lack proper licensing, highlighting regulatory issues in the tourism sector.
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A recent report from Cyprus' Audit Office has revealed that only 23% of hotels and tourist accommodations in the country hold a full operating license, with an additional 22% possessing temporary licenses. This has raised concerns about the integrity of the tourism sector and the ability to effectively supervise and regulate these establishments. The Audit Office's findings indicate significant weaknesses in the licensing process, which has been criticized for its complexity and length, discouraging compliance among many hotels.
The report highlights a troubling aspect of the tourism landscape in Cyprus, noting that only 168 out of 728 tourist accommodations are fully licensed. The General Auditor, Andreas Papakostantinou, has pointed out that if the licensing laws are deemed impractical, it may be necessary to propose revisions to make them more manageable. This situation calls for urgent attention to improve the regulatory framework and ensure that the tourism sector can meet both local and international standards.
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