Retail, tourism driving GDP growth

Annual Gross Domestic Product generated €6.2 bln in the first quarter of the year, showing an increase of 3.4%, bolstered by the retail sector and tourism revenue. Based on seasonal and working


Cyprus-China build tourism ties

Cypriot and Chinese officials held a meeting at the Ministry of Tourism to further strengthen the cooperation between Cyprus and China in the travel sector. Tourism Minister Kostas Koumis and Vice Minister of Culture and Tourism of China


Tourism on course for record year

Robust growth in tourist arrivals and revenues this year will offset losses the economy may suffer from sanctions on Cyprus’ services sector, according to initial Finance Ministry estimates. As reported by the


Tourism revenue spikes 50% in Jan-Feb

Income from tourism reached €102.2 mln in January and February, easily surpassing the €67.8 mln revenue from tourists in the first two months of last year. Based on the results of the

Tourism revenue spikes 60%

Income from tourism reached €45.6 mln in January, easily surpassing the revenue from tourists last year and 2019, which set a record for Cyprus. Based on the results of the Passenger Survey


Veni, Vidi, Vici

We go on holiday for different reasons at different times of the year to recharge our batteries and escape the daily routine. Some want to get away as far as possible where


More new hotels open this summer

Cyprus’ tourism product will be much brighter this summer, with Europe’s largest casino resort complex opening in Limassol. The City of Dreams Mediterranean hotel resort opens its doors on 1 June after


Paphos wins EU Smart tourism award

Paphos and Sevilla in Spain have won the EU 2023 European Capitals of Smart Tourism competition. Organisers said the award resulted from a careful and systematic effort by the municipality and the organisation for Tourism


New tourism boss seeking to add value

Cyprus’ new Deputy Minister of Tourism, Costas Koumis, said he would start immediately working hard to add value to the country’s holiday industry. Outgoing minister Savvas Perdios, who was the first to

Cyprus airports optimistic over 2023

Cyprus airports operator Hermes is optimistic about tourism prospects for 2023, confident the island can improve from the previous year. In an interview with news site Stockwatch, Hermes Airports senior manager Maria

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