Home / Business / Local Business / Cyprus hoteliers complain of unfair AirBnB competition

Cyprus hoteliers complain of unfair AirBnB competition

Hoteliers in Cyprus are calling for legislation to be brought in to stop what they describe as unfair competition from AirBnB, a global service allowing people to rent out their homes or rooms.

Speaking to ACTIVE radio on Monday, Cyprus Hotel Association PASYXE Director General Zacharias Ioannides, said this was a dangerous way for someone to choose to stay because, as he explained, hygiene was not guaranteed, the accommodation was not subject to any controls, did not have any required licenses and, in particular, their owners do not pay the required taxes or fees paid by licensed tourist accommodation outlets.

Related stories:

Noting this also created conditions of unfair competition, Ioannidis, said there was ongoing consultation with the CTO and other competent bodies to put these lodgings under one umbrella so that they can be properly supervised and maintained to ensure healthy competition.

Ioannides had in the past said the government and the Cyprus Tourism Organisation (CTO)  are seeking a way of creating legislation,  along with the relevant departments of the Ministry of Finance, as the situation is interpreted with a loss of tax revenue from the renting of these accommodations.

Check Also

Unemployment rate drops to 10.6% in Q2

The number of people out of work in the second quarter of 2017 was 10.6% …

European Commission team looking at Larnaca Port concerns

The EP Committee on Petitions (PETI) is conducting a fact-finding mission in Larnaca between Wednesday …

3 comments

  1. Well that’s just too bad isn’t it ! It’s about time there was competition. I enquired from hotels in Nicosia for a four day stay , price nothing under 80 euros a night . Where do they think they are ,central London or Paris ? And I’m not referring to a five or four star hotel .

  2. Typically short sighted government thinking of lost tax revenue. Listen thickos more choice in cheaper accommodation means more tourists spending in lots of locations. Alot of people don’t like all inclusive where food is generally poor. Let people go to nice restaurants and keep them in business.

  3. I do not think it is fair for hosts not to pay the required taxes, and the rest of us paying the taxes required by law. I am not against AIRBNB, but people earning money, and there are many renting more than one property, have to pay taxes like all people do. This is fair.