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BUSINESSES yesterday reported an alleged 40 per cent drop in revenue following the total smoking ban on January 1. The reduction came as no surprise to the Association of Bar Owners which said it had predicted its members’ demise and warned of worse to come.

“Nightclubs experienced what we’ve been saying all along,” said Association head Fanos Leventis.

“There was a 40 per cent reduction on Saturday which is a very large number when you take into account the fact that the students [who are studying overseas] haven’t left yet and it’s also the holiday season. This is the first message of what will follow.”

Leventis said the drop in numbers had nothing to do with the current financial crisis as the comparisons had included other recent Saturdays. “We’ll wait to see what will happen in the next few days,” he said.

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