cyprus tourist industry

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August 1st, 2020

Category: top tourist destinations in the world


We display the latest breaking Cyprus tourism & travel news straight from the tourist industry and online news sources. The Cyprus Tourism Industry Built around unique and diverse experiences, Cyprus’ tourism sector has always been a major player for the country’ s economy, which is in itself experiencing healthy growth, outperforming forecasts and maintaining its solid outlook. Revenues also grew to €2.7 billion in 2018. This also represented a 7.8% increase compared to 2017 and an increase in around 60% in a period of five years. Cyprus Tourist is the portal that aims to feature all the tourism-related enterprises in Cyprus and provide first hand Cyprus tourist information.In our directory, you may find companies providing Cyprus Tourist Services in all Cyprus tourist destinations. The Cyprus economy is heavily reliant on the services sector and more specifically on the tourism industry. This reflects in the seasonal distribution of tourist arrivals with a disproportionate numb…

Total number of tourists in Cyprus in 2018 was 3,938,625. Tourism industry in Cyprus will continue its upward trend, says President Anastasiades The tourism industry is on the rise President Nicos Anastasiades has said, pointing out that it can face all the challenges that arise and can strengthen its competitive advantages. The Tourism Strategy also aims at diversifying into other local and cultural experiences while attracting multi-million investment into large-scale infrastructure projects.Efforts are focusing on diversifying, enriching and improving the quality of the touristic product and therefore, investment opportunities into thematic areas, such as luxury and lifestyle tourism, nautical tourism, cultural tourism, sports, conference, health and wellness, and agro-tourism. With some of the most popular and cleanest beaches in Europe, much of the tourist industry relies on "sea sun and sand" to attract tourists. 9, Makariou III Ave. Severis Building, 4th Floor, In 2018, the tourism industry has registered another record year with arrivals reaching 3,9 million. In terms of Tourism Infrastructure, in relation to the tourism industry Cyprus ranks 1st in the world. Built around unique and diverse experiences, Cyprus’ tourism sector has always been a major player for the country’ s economy, which is in itself experiencing healthy growth, outperforming forecasts and maintaining its solid outlook.The tourism market is one of the largest economic sectors in Cyprus and has experienced substantial growth over the last five years with breaking records in both arrivals and revenues, steadily increasing in winter months (Nov-April) with 100% increase in tourism arrivals from 2014 to 2018.The year 2018 recorded the highest numbers reaching a peak of 3.9 million of tourists from 2.4 million in 2014. According to the World Economic Forum's 2013 Travel and Tourism Competitiveness Report, Cyprus' tourism industry ranks 29th in the world in terms of overall competitiveness. According to the report issued by the “World Travel & Tourism Council” (‘WTTC’) on the economic impact of travel and tourism in 2015, the direct contribution of travel and tourism to GDP in 2014 was €1,111.0 million (7,0% of GDP). Stay up to date with travel and events news to make the most of your next trip to this island paradise. The tourism sector in Cyprus is considered as the backbone of the island’s economy, providing an important lifeline to the economy during the relatively recent economic and financial downturn. The vision of the new Cyprus Tourism Strategy is to develop Cyprus in a sustainable way, which positively impacts our economy, society and the environment, while tourism arrivals are expected to reach around 5 m by 2030, 40% of whom to arrive in the period November – April. In 2007 the CTO spent a reported €20 million on promotion. Visiting Cyprus? Most visitors arriving to Cyprus on short term basis were from the following countries:English is the universal language since the island has an international outlook.The Cyprus Tourism Organisation, usually abbreviated to CTO, and known as KOT in Greek, was a semi-governmental organisation charged with overseeing the industry practices and promoting the island as a tourism destination abroad. Income from tourism accounts for around 15% of the country’ s GDP, while according to latest estimates, the sector could contribute around 25% to the country’ s economy by 2030.Through a clearly-defined Vision and Strategy to launch the full rebranding of Cyprus and establish the island as a quality, all-year destination, tourism can strengthen its place and be one of the top economic performers by 2030, not only through direct revenues, but also through the major multiplier effects that tourism has on the local economy. Your online one-stop source for all Cyprus tourist related news in English.

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