While the growth in Airbnb accommodations boosted the broader regional economy, it has raised concerns over its impact on the traditional hotel sector , the Paphos Tourism Board (Etap) said on Wednesday.
“Airbnb-type accommodations function as an advantage in the general economy,” Etap Paphos regional manager Nasos Hadjigeorgiou said.
Whilst Hadjigeorgiou said he saw short-term rentals as beneficial to Paphos’ broader economy, he acknowledged their influence on the regional price
