Turkish Digest Advertising Rates

Annual Advertising options

Monday, June 30, 2008

80% of the hotels in occupied Cyprus face bankruptcy

"80% of the hotels in occupied Cyprus face bankruptcy

By Alethea Reynolds
The Turkish Cypriot daily Star Kibris newspaper reports that the chairman of the Turkish Cypriot Hotel Owners’ Union, Turhan Beydagli has claimed 80% of hotels in occupied Cyprus are on the verge of bankruptcy, while 30% of the hotels are facing the danger of distraint."

More: Famagusta Gazette