Three hotel chain chains have decided to cancel holiday plans in Cyprus due to a lack of hotels in the country.
According to local media reports, hotels are currently being built in Cyprus and hotel owners have been notified.
The three hotels, which are part of the Holiday Inn Cyprus, are the Hilton, the Four Seasons and the L’Oreal Group, were due to arrive in Cyprus in December, with the first group scheduled to arrive on February 25.
But the hotel owners were informed that their trip had been cancelled and they are now planning a trip to the Bahamas instead.
The hotels are also reportedly expecting a massive influx of tourists, which they say will cause a major disruption in the economy.
This is despite the fact that there is already enough hotel space in Cyprus for more than 50,000 people, according to the Tourism Ministry.
Hotel owners say they will continue to operate the hotels as planned and hope to re-open them in a few weeks.
Cyprus is a popular holiday destination for the tourists who make up the majority of visitors, with hotels accounting for half of all hotel bookings in Cyprus.
The Holiday Inn has already announced it is planning to close its popular hotel on January 4, 2018, with more than 1,300 rooms scheduled to be released to the public.
Hotels have also recently been forced into bankruptcy proceedings in Cyprus, with some hotel owners reporting that they will close the country’s last remaining hotel as soon as next week.