Water sports turnover is sinking - 80% reduction from last year

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Not only hotels are facing big problems this year, but the entire tourism industry. The coastal areas face serious problems as their clientele has decreased significantly. They now rely on Cypriot holidaymakers as so far only German-speaking tourists choose the country for holidays and they individually. There is a great deal of concern and concern from business owners involved in summer sports.

Entrepreneurs saw their turnovers fall by 80%, while the only clientele they have is Cypriot holidaymakers. Tourists have not arrived in our country, the beaches are empty and water sports are in decline.

The next day is difficult, as the president of the Pancyprian Association of Owners of Water Sports - Recreation Dimitris Hatzidimitriou analyzed in "F". Characteristically, Mr. Hatzidimitriou stated that companies do not have the clientele of previous years, since there are no tourists and local tourism is not enough to support all sports centers. Now, the losses are expected to be large as local tourism can not fill the gap left by the turnover created by foreign tourists from April to October.

Many small businesses are in despair, as licenses cost hundreds of euros and operating costs run into the thousands. "Most people have their equipment at sea to sit on weekdays, while things are somewhat better on weekends," commented the president of the Pancyprian Association of Medium-Sized Water Sports - Recreation Owners.

Mr. Hatzidimitriou stressed that they have sent letters to the competent ministries and local authorities requesting tax relief. "All we ask is a meeting with them to discuss some of our demands," commented Mr. Hatzidimitriou. At the same time, he added that "since we are a tourism company, the Ministry of Finance should classify us as such. Not to pay 19% VAT while the other tourism companies pay 9% and with the measures the rate drops to 5% ". "In these circumstances, it is unprofitable for us to reactivate. In order to open, the local authorities must be paid ", he pointed out.

According to Mr. Hatzidimitriou, the businessmen saw their turnovers decline by 80%, while, as he mentioned, they have few hopes for the future descent of tourists in our country. "Some businesses are doing well because they are located on popular beaches, but the majority of them are experiencing huge problems," he concluded.

Source: The Liberal