Average Hotel Manager Salary in Cyprus for 2024

In this article, we will look at the average Hotel Manager salary for 2024 in Cyprus and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol โ‚ฌ.

How Much Does a Hotel Manager Make in Cyprus?

A Hotel Manager working in Cyprus will typically earn around 45,720 EUR per year, and this can range from the lowest average salary of about 19,940 EUR to the highest average salary of 74,380 EUR.

Average Annual Salary
45,720 EUR
Average Monthly Salary
3,810 EUR

Lowest Annual Salary
19,940 EUR
Lowest Monthly Salary
1,661 EUR

Highest Annual Salary
74,380 EUR
Highest Monthly Salary
6,198 EUR

These are average salaries for a Hotel Manager in Cyprus and include benefits such as housing and transport. It's also possible for a Hotel Manager to earn more or less than the average salaries shown above.

Hotel Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Hotel Manager Salaries in Cyprus

So we've looked at the average salaries a Hotel Manager will earn in Cyprus. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Hotel Manager can earn between 19,940 EUR and 74,380 EUR on average in Cyprus. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Hotel Manager in Cyprus is 52,540 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 52,540 EUR, and 50% of the population earn more than 52,540 EUR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Hotel Manager salary in Cyprus, 25% of the population are earning less than 31,980 EUR while 75% of the population earn more than 31,980 EUR.

75% of the population earn less than 68,900 EUR, and 25% of the population earn more than 68,900 EUR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Hotel Manager Salary by Experience Level in Cyprus

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average hotel manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Hotel Manager in Cyprus that has less than two years of experience can expect to earn somewhere in the region of 25,940 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Hotel Manager salary would increase to 31,520 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Hotel Manager, the average salary would be 48,560 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 59,940 EUR.
  • 15 - 20 Years Experience. A Hotel Manager with 15 to 20 years of experience can earn an average of 65,940 EUR.
  • 20+ Years Experience. For a Hotel Manager with more than 20 years, the expected average salary increases to 71,020 EUR.

Average Salary by Experience Chart

0-2 Years
25,940 EUR
2-5 Years +34%
31,520 EUR
5-10 Years +48%
48,560 EUR
10-15 Years +22%
59,940 EUR
15-20 Years +9%
65,940 EUR
20+ Years +8%
71,020 EUR

Hotel Manager Salary by Education Level in Cyprus

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Hotel Manager in Cyprus based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Hotel Manager in Cyprus with a high school education can earn an average salary of 31,660 EUR.

  • Certificate or Diploma. A Hotel Manager in Cyprus with a certificate or diploma education can earn an average salary of 36,160 EUR.

  • Bachelor's Degree. A Hotel Manager in Cyprus with a bachelor's degree education can earn an average salary of 51,340 EUR.

  • Master's Degree. A Hotel Manager in Cyprus with a master's degree education can earn an average salary of 66,120 EUR.

Average Salary by Education Chart

High School
31,660 EUR
Certificate or Diploma +18%
36,160 EUR
Bachelor's Degree +45%
51,340 EUR
Master's Degree +31%
66,120 EUR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Cyprus is around 10,800 to 32,500 EUR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Hotel Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Cyprus, a male hotel manager will earn an average of 49,300 EUR, while a female hotel manager will earn around 45,620 EUR.

This means that a male hotel manager earns approximately 8% more than a female hotel manager for performing the same job.

Average Salary by Gender Chart in Cyprus

Male
49,300 EUR
Female -8%
45,620 EUR

Hotel Manager Average Pay Raise in Cyprus

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Hotel Manager in Cyprus is around 8% every 30 months.

The national average pay raise across all professions and industries in Cyprus is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 30 ) × 12  = 3%

What this means is that a Hotel Manager in Cyprus can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Cyprus for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Cyprus.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Hotel Manager Bonus and Incentive Rates in Cyprus

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Hotel Manager is a moderate bonus based job, with 68% of employees reporting at least one bonus in the last 12 months.

32% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
68%
No Bonus
32%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Cyprus earn approximately 20% more than private sector employees in the same role.

Public Sector
28,180 EUR
Private Sector -20%
23,500 EUR

Salaries for Jobs Similar to a Hotel Manager

In the table below, we have salary information for jobs that are similar to a Hotel Manager in Cyprus.

Job Title Category Salary
All Rounder Food / Hospitality / Tourism / Catering 12,300 EUR
Assistant Executive Housekeeper Food / Hospitality / Tourism / Catering 5,960 EUR
Assistant Food and Beverage Controller Food / Hospitality / Tourism / Catering 14,840 EUR
Assistant Food and Beverage Director Food / Hospitality / Tourism / Catering 34,540 EUR
Assistant Hospitality Manager Food / Hospitality / Tourism / Catering 35,520 EUR
Assistant Storekeeper Food / Hospitality / Tourism / Catering 8,440 EUR
Assistant Tour Manager Food / Hospitality / Tourism / Catering 16,400 EUR
Baker and Pastrycook Food / Hospitality / Tourism / Catering 7,240 EUR
Bakery Manager Food / Hospitality / Tourism / Catering 18,900 EUR
Bakery Superintendent Food / Hospitality / Tourism / Catering 13,780 EUR
Banquet Captain Food / Hospitality / Tourism / Catering 12,020 EUR
Banquet Manager Food / Hospitality / Tourism / Catering 13,900 EUR
Banquet Server Food / Hospitality / Tourism / Catering 10,100 EUR
Bar Attendant Food / Hospitality / Tourism / Catering 9,360 EUR
Bar Manager Food / Hospitality / Tourism / Catering 16,720 EUR
Bar Supervisor Food / Hospitality / Tourism / Catering 13,060 EUR
Barista Food / Hospitality / Tourism / Catering 9,980 EUR
Bartender Food / Hospitality / Tourism / Catering 9,460 EUR
Bellman Food / Hospitality / Tourism / Catering 6,280 EUR
Beverage Manager Food / Hospitality / Tourism / Catering 18,940 EUR
Bistro Attendant Food / Hospitality / Tourism / Catering 7,240 EUR
Buffet Chef Food / Hospitality / Tourism / Catering 16,880 EUR
Buffet Host Food / Hospitality / Tourism / Catering 8,780 EUR
Buffet Manager Food / Hospitality / Tourism / Catering 17,860 EUR
Butcher and Slaughterer Food / Hospitality / Tourism / Catering 6,080 EUR
Cafeteria Assistant Food / Hospitality / Tourism / Catering 10,100 EUR
Cafeteria Manager Food / Hospitality / Tourism / Catering 17,260 EUR
Cafeteria Supervisor Food / Hospitality / Tourism / Catering 12,200 EUR
Cake Decorator Food / Hospitality / Tourism / Catering 8,560 EUR
Casino Shift Manager Food / Hospitality / Tourism / Catering 28,860 EUR
Chain Store Customer Support Food / Hospitality / Tourism / Catering 11,360 EUR
Chef Food / Hospitality / Tourism / Catering 14,820 EUR
Chef De Cuisine Food / Hospitality / Tourism / Catering 23,400 EUR
Club Manager Food / Hospitality / Tourism / Catering 30,220 EUR
Cluster Director Food / Hospitality / Tourism / Catering 38,620 EUR
Cluster Revenue Manager Food / Hospitality / Tourism / Catering 28,860 EUR
Cocktail Server Food / Hospitality / Tourism / Catering 7,240 EUR
Coffee Shop Manager Food / Hospitality / Tourism / Catering 32,020 EUR
Concierge Food / Hospitality / Tourism / Catering 5,960 EUR
Confectionery Baker Food / Hospitality / Tourism / Catering 8,100 EUR
Conference and Sales Coordinator Food / Hospitality / Tourism / Catering 13,100 EUR
Conference Services Manager Food / Hospitality / Tourism / Catering 19,020 EUR
Cook Food / Hospitality / Tourism / Catering 14,540 EUR
Corporate Sous Chef Food / Hospitality / Tourism / Catering 19,940 EUR
Corporate Travel Consultant Food / Hospitality / Tourism / Catering 22,660 EUR
Croupier Food / Hospitality / Tourism / Catering 12,760 EUR
Culinary Assistant Food / Hospitality / Tourism / Catering 7,620 EUR
Culinary Associate Food / Hospitality / Tourism / Catering 6,760 EUR
Demi Chef Food / Hospitality / Tourism / Catering 15,380 EUR
Dietary Aide Food / Hospitality / Tourism / Catering 16,880 EUR
Dining Room Supervisor Food / Hospitality / Tourism / Catering 17,020 EUR
Dishwasher Food / Hospitality / Tourism / Catering 6,080 EUR
Duty Manager Food / Hospitality / Tourism / Catering 20,120 EUR
Events Coordinator Food / Hospitality / Tourism / Catering 10,980 EUR
Executive Chef Food / Hospitality / Tourism / Catering 16,980 EUR
Executive Pastry Chef Food / Hospitality / Tourism / Catering 14,840 EUR
Fast Food Cook Food / Hospitality / Tourism / Catering 14,540 EUR
Fast Food Shift Supervisor Food / Hospitality / Tourism / Catering 14,200 EUR
Fine Dining Cook Food / Hospitality / Tourism / Catering 21,980 EUR
Fine Dining Restaurant Chef Food / Hospitality / Tourism / Catering 23,380 EUR
Fleet Manager Food / Hospitality / Tourism / Catering 41,660 EUR
Food and Beverage Manager Food / Hospitality / Tourism / Catering 27,560 EUR
Food Consultant Food / Hospitality / Tourism / Catering 25,940 EUR
Food Safety Coordinator Food / Hospitality / Tourism / Catering 19,200 EUR
Food Server Food / Hospitality / Tourism / Catering 8,960 EUR
Food Service Director Food / Hospitality / Tourism / Catering 27,560 EUR
Food Service Manager Food / Hospitality / Tourism / Catering 34,960 EUR
Food Service Sales Food / Hospitality / Tourism / Catering 20,520 EUR
Food Service Worker Food / Hospitality / Tourism / Catering 6,440 EUR
Front Desk Agent Food / Hospitality / Tourism / Catering 8,100 EUR
Front Desk Clerk Food / Hospitality / Tourism / Catering 8,100 EUR
Front Office Manager Food / Hospitality / Tourism / Catering 15,300 EUR
Guest Service Executive Food / Hospitality / Tourism / Catering 24,200 EUR
Guest Service Representative Food / Hospitality / Tourism / Catering 9,740 EUR
Head Chef Food / Hospitality / Tourism / Catering 19,480 EUR
Head Concierge Food / Hospitality / Tourism / Catering 11,360 EUR
Hospitality Director Food / Hospitality / Tourism / Catering 48,820 EUR
Hostess / Host Food / Hospitality / Tourism / Catering 10,320 EUR
Hotel Desk Clerk Food / Hospitality / Tourism / Catering 8,100 EUR
Hotel Maid Food / Hospitality / Tourism / Catering 5,200 EUR
Hotel Sales Manager Food / Hospitality / Tourism / Catering 35,560 EUR
Hotel Service Supervisor Food / Hospitality / Tourism / Catering 24,860 EUR
Hotel Staff Food / Hospitality / Tourism / Catering 8,780 EUR
Inventory Coordinator Food / Hospitality / Tourism / Catering 9,980 EUR
Kitchen Manager Food / Hospitality / Tourism / Catering 17,540 EUR
Kitchen Staff Food / Hospitality / Tourism / Catering 7,240 EUR
Kitchen Supervisor Food / Hospitality / Tourism / Catering 14,620 EUR
Line Cook Food / Hospitality / Tourism / Catering 13,560 EUR
Luggage Porter Food / Hospitality / Tourism / Catering 8,440 EUR
Motel Manager Food / Hospitality / Tourism / Catering 26,020 EUR
Pastry Chef Food / Hospitality / Tourism / Catering 12,620 EUR
Pastrycooking and Baking Assistant Food / Hospitality / Tourism / Catering 7,080 EUR
Production Operator Food / Hospitality / Tourism / Catering 12,000 EUR
Quality, Health and Safety Coordinator Food / Hospitality / Tourism / Catering 12,240 EUR
Receptionist Food / Hospitality / Tourism / Catering 9,460 EUR
Regional Restaurant Manager Food / Hospitality / Tourism / Catering 34,280 EUR
Restaurant Manager Food / Hospitality / Tourism / Catering 32,200 EUR
Restaurant Server Food / Hospitality / Tourism / Catering 8,420 EUR
Room Reservations Manager Food / Hospitality / Tourism / Catering 30,700 EUR
Room Service Manager Food / Hospitality / Tourism / Catering 32,020 EUR
Sous Chef Food / Hospitality / Tourism / Catering 16,720 EUR
Special Events Coordinator Food / Hospitality / Tourism / Catering 19,860 EUR
Supervisor of Food Services Food / Hospitality / Tourism / Catering 21,640 EUR
Tour Consultant Food / Hospitality / Tourism / Catering 21,980 EUR
Tour Guide Food / Hospitality / Tourism / Catering 13,100 EUR
Tour Manager Food / Hospitality / Tourism / Catering 21,560 EUR
Travel Agent Food / Hospitality / Tourism / Catering 16,720 EUR
Travel Consultant Food / Hospitality / Tourism / Catering 22,420 EUR
Waiter / Waitress Food / Hospitality / Tourism / Catering 6,440 EUR

Salary Comparison by City

If you want to compare salaries with different cities in Cyprus, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Larnaka 42,460 EUR
Limassol 49,360 EUR
Nicosia 44,540 EUR

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