Cyprus - Wage subsidy scheme for hotels - April 30, 2026

The Labour Minister presented the Government’s support plan for the hotel industry, following a meeting with hotel associations and trade unions, as authorities moved to cushion the sector from the economic fallout of the Middle East crisis. The special support plan applies to all hotels and tourist accommodation operating between 1 and 30 April 2026. Under the plan, eligible businesses must show or expect a drop in turnover exceeding 40% in April 2026 compared with April 2025, or demonstrate that their occupancy rate is below 60%. A central condition is that no employees may be made redundant until 31 May 2026.

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