CYPRadar 🇨🇾🌴 Cyprus Taxi Drivers Warn of Economic Impact as Tourism Declines by 30%
Taxi drivers in Cyprus have expressed serious concerns over declining tourism and its detrimental effects on their sector, calling for potential support measures if the current trend continues. The Pancyprian Federation of Urban Taxis reported a significant downturn over the past four months, largely linked to regional instability in the Middle East.
Tourist arrivals have decreased by about 30% compared to the same period last year, with an additional 8 to 10% of tourist activity reportedly shifting to the northern part of Cyprus. This decline has led to reduced economic activity within the taxi industry.
Drivers also face rising operational costs, including more expensive fuel, maintenance, and tyres. Furthermore, they have raised concerns about illegal taxi services operating without enforcement, which exacerbates the challenges faced by licensed taxi operators.
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