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Tourism Plummets in Cyprus, Greece Due to Iran Conflict

Published 5 days, 20 hours ago
Description

Tensions in the Middle East trigger a significant drop in tourism bookings across Cyprus, Greece, and Turkey. Cyprus sees a surge in cancellation rates for short-term rentals, with hotel bookings for March and April falling by nearly 40%. Greece also experiences double-digit drops in summer bookings from key markets. As tourism drives these economies, everyone is watching closely for stability to bring back visitors.

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