The country’s deputy tourism minister, Savvas Perdios, said Cook’s UK business to Cyprus represented 4%.
“It’s small enough to give us the opportunity to make up those numbers, but hoteliers lost €25-30 million in unpaid dues from July to September.
“Obviously they are not going to get that back.
He added: “If Cyprus was exposed only 4% to Thomas Cook, it’s because we were wary over the last few years.
“The model of tour operating will always remain strong. But [companies] also need to make sure they’re diversified.”
