Self-serviced accommodations, such as Airbnb, are becoming a new trend in Cyprus, as stated by Marios Tsianakas, Tourism Officer of the Deputy Ministry of Tourism. He noted a significant increase in their number in recent years. "We have surpassed 6,700 accommodations and over 30,000 beds," he specifically mentioned.

Tsianakas emphasized that this trend, which is also growing in Europe, is driven by new generations who desire to plan their travels with more flexibility and lower accommodation costs. This market, he added, combines cheap flights with relatively lower accommodation prices. "These accommodations contribute positively to the local economy as users utilize various services, such as restaurants, transportation, and car rentals," he elaborated.

Meanwhile, the Deputy Ministry of Tourism announced that, according to the "Regulation of Establishment and Operation of Hotels and Tourist Accommodations Law," the operator of each self-serviced accommodation can advertise and/or rent it out, provided it is registered in the Self-Serviced Accommodations Registry and has obtained a registration license and registry number from the Deputy Ministry of Tourism. This number must be displayed in the advertisement and/or promotion of the accommodation, as well as in all related transactions.

For the purpose of registering self-serviced accommodations in the Deputy Ministry of Tourism's registry, there is an online platform available. Through this platform, interested parties can register their property and secure the registration license.

According to the relevant legislation, anyone operating a self-serviced accommodation without a registration license, or whose license has been revoked, commits an offense. Upon conviction, they are subject to imprisonment not exceeding one year or a fine not exceeding five thousand euros (€5,000), or both. If the violation continues after conviction, they are guilty of a further offense and subject to an additional fine not exceeding two hundred euros (€200) for each day the violation continues.