Nicosia, Cyprus. Constantinou Bros Hotels Public Company Ltd has issued an interim profits forewarning for the first half of 2026, saying financial performance is expected to weaken compared with 2025. The company said first-half 2026 results are expected to come in below the levels recorded a year earlier.
Board review and disclosure
The board of directors of Constantinou Bros Hotels Public Company Ltd said it had examined the financial results for the first six months of 2026 in line with the rules and regulations of the Cyprus Stock Exchange and the Cyprus Market Commission.
Expected decline in first-half performance
Based on available economic data, the company said results for the first half of 2026 are expected to be below those recorded in 2025, as part of its obligation to inform shareholders and the investing public as fully as possible.
Uncertainty over full-year outlook
The company said general political and economic instability in Cyprus is affecting visibility over performance, making it impossible to safely predict full-year 2026 results.
Pressure on hotel occupancy
It also said hotel occupancy levels are expected to fluctuate below those of 2025, indicating continued pressure on operating conditions in the sector.