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IN FOCUS: CYPRUS

This article provides an overview of the recent performance of the Cypriot hotel market and outlines some future trends following the recent shakeup of the Cypriot banking sector.
Themis Trakas is a Director with HVS Athens Office. He joined HVS in 2006 having ten years of operational experience in the hospitality industry in Greece, Switzerland, and the United States. He holds an MBA in Accounting from Baruch College in New York and a Bachelor of Science in Hotel and Restaurant Administration from Cornell University. Since joining HVS, he has completed numerous feasibility studies, valuations, and market research analyses throughout Greece, Italy, Morocco, the Caribbean region, Cyprus, Turkey, Malta, and the Balkans. ttrakas@hvs.com.

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