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ARTICLE · 22 OCTOBER 2020

Airbnb In Cyprus

Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
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Airbnb is a famous website for registering, finding and renting accommodation, which was founded in August 2008 and rapidly became very successful. It is an electronic platform which brings...

CyprusMedia, Telecoms, IT, Entertainment

Airbnb in Cyprus

Airbnb is a famous website for registering, finding and renting accommodation, which was founded in August 2008 and rapidly became very successful. It is an electronic platform which brings into communication the host and the customer, while, at the same time, is responsible for carrying out the booking process. This new way of renting accommodation has become widespread not only among young people, proving that many prefer this method of renting accommodation rather than the traditional way. Its name is an acronym for the original name of Air Bed and Breakfast.

Cyprus is now legally establishing the operation and control of these Airbnb?type accommodations. In particular, on 7th February 2020, the new procedure was published in the Government's Official Gazette of the Republic of Cyprus, and accordingly the Regulation on the Establishment and Operation of Hotels and Tourist Accommodations (as amended) Law of 2020 (Law N.9(i)/2020) was put into

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