Paphos hotels saw the biggest price drops month-on-month in February, but also one of the most substantial rate declines year-on-year.

The figures come from the Hotels Combined. Com Price index, reviewing global hotel prices for February 2011. Room rates are down 19,51% for February in Paphos compared to 2010.

According to the index, the drop could be attributed to Cyprus Airways cutting routes from Steansted. Manchester, Birmingham, Frankfurt and Athens, leaving local hoteliers with extra inventory.

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This entry was posted on Friday, January 28th, 2011 at 9:24 pm and is filed under Guide. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.