Stademos Hotels Plc announced earnings results for the first four months of financial year 2014. The group's turnover recorded an increase of 21.3% in the first four months of the year. This increase is mostly attributable to the fact that the Mediterranean Hotel in Limassol was closed until mid February 2013 due to refurbishment. The gross operating loss for the period recorded a significant decrease of 40% from 2013.

The company provided earnings guidance for the last eight months of financial year 2014. For the rest of the financial year, the company announced that the results of the group are expected to be better than those of 2013.