Lordos Hotels board to review first-half 2026 financial report on September 23
Lordos Hotels expects lower first-half 2026 earnings amid reduced occupancy linked to Middle East geopolitical tensions.
Nicosia, Cyprus. Lordos Hotels (Holdings) Public Ltd said its board of directors will meet on September 23, 2026, to review the group’s financial report for the first half of 2026.
The listed hospitality group has previously said its first-half earnings are expected to be lower than in the corresponding period of 2025 because of reduced occupancy at its hotel units.
First-half outlook
The company attributed the expected decline to geopolitical tensions in the Middle East and their impact on Cyprus’ tourism sector and domestic tourism sentiment.
In an earlier market update, management said first-half 2026 results were expected to be lower than those recorded in the same period last year due to lower occupancy rates across the group’s hotels.
The outlook contrasts with the company’s performance in 2025, when its portfolio recorded elevated occupancy rates and higher revenue per room.
Dividend distribution
At the annual general meeting on June 24, 2026, shareholders approved a dividend of €0.04 per share, in line with the board’s original proposal.
The dividend represented 11.76 per cent of the share’s nominal value.
The record date for the distribution was July 6, 2026, covering market transactions completed by the end of the trading session on July 2, 2026.
The company’s shares traded cum-dividend until July 2, 2026, and began trading ex-dividend on July 3, 2026.
The distribution also covered off-floor transactions executed and recorded in the Dematerialised Securities System by the record date.
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