Uncertainty in the hotel sector due to delay in subsidies
April 3, 2026
The new tourist season begins with uncertainty in the hotel sector as the government's wage subsidy plan was not communicated as expected. Hoteliers and unions express concern over the lack of information regarding the 30% wage subsidy until April 2026. There is pressure for an increase in the subsidy and demands for equal treatment of EU and Cypriot workers. The Finance Minister stated that measures for tourism are expected soon. The situation remains critical for businesses in the sector.