Tourism

Spending by tourists between January and May has surpassed the figures for 2019, according to data released by the Statistical Service on Monday and showing that 2023 is set to be a ...

European travel stocks stumbled into some profit-taking as earnings season kicked off and extreme weather hit in July, but many investors are betting relatively attractive valuations and solid demand will ...

Cyprus’ Gross Domestic Product (GDP) growth rate and inflation rate are expected to reach 3 per cent, respectively, for 2023, consistent with the predictions made in May, according to a report released ...

The tourism ties between Cyprus and China, the world’s most populous country, took centre stage at the “China-Cyprus Tourism Promotion Webinar”, which was held earlier this week. According to ...

Local airline Cyprus Airways on Monday released a report detailing its performance during June 2023, during which it carried 59,110 passengers, doubling the figures from the same month of the previous year, ...

Here are the top business stories in Cyprus from the week starting July 17: Tourist arrivals in Cyprus experienced a significant increase of 22.7 per cent in June 2023 compared to the same ...

Britain’s easyJet (EZJ.L) posted a record pretax profit of 203 million pounds ($262.5 million) for its third quarter, above analysts’ forecasts, on the back of an ongoing rebound in summer ...

Tourist arrivals in Cyprus experienced a significant increase of 22.7 per cent in June 2023 compared to the same period last year, although they remained 10.6 per cent lower than the record-breaking arrivals ...

Here are the top business stories in Cyprus from the week starting July 10: Invest Cyprus, the national investment promotion agency, on Friday released a statement expressing its support for a ...

Nicosia was the focus of discussions on Friday to come up with ideas that will inject some new life and a new interest in the historic city. The island’s ...

City of Dreams Mediterranean, Europe’s first integrated casino resort, officially opened its doors this week, with high hopes that it would usher in a new era for tourism. The ...

The President of the Paphos Hoteliers’ Association Evripides Loizides this week expressed satisfaction with the outlook of the tourism sector in Paphos, saying that hotel occupancy rates in the district ...

European airports are in the midst of another busy summer as passenger numbers globally recover to pre-pandemic levels, while airline and airport staff continue to negotiate on wages. The travel ...

Here are the top business stories in Cyprus from the week starting July 3: Cyprus’ tourism revenue reached €217.6 million in April 2023, compared to €185.1 million in the same month of the previous ...

Deputy Minister of Tourism Kostas Koumis described Saudi Arabia as a potentially significant tourism market for Cyprus. The minister’s comments were made during his visit to Saudi Arabia this ...

Jet2 (JET2.L) has seen a pick-up in demand for package holidays as Britons seek certainty on spending in a cost of living crisis, the travel company said on Thursday, ...

Cyprus’ airports experienced a promising first half of 2023 as passenger traffic soared, marking a remarkable 3 per cent increase compared to the corresponding period in 2019. Hermes Airports, the company tasked with ...

Cyprus’ tourism revenue reached €217.6 million in April 2023, compared to €185.1 million in the same month of the previous year, marking a 17.6 per cent increase, according to a report by the state’...

Cyprus tourism sector expects full recovery by 2024, with industry stakeholders cautiously optimistic as they navigate the current set of challenges By Kyriacos Nicolaou The recovery of the Cyprus tourism sector ...

The first Israeli cruise ship of the summer, named the Crown Iris, arrived in Larnaca on Friday with a total of 1,600 tourists on board. The boat left the Israeli port ...

Bars and restaurants across Cyprus experienced a notable decline in occupancy rates, with the drop in guests ranging from 25 per cent to 30 per cent in June, according to Neophytos Thrasyvoulou, ...

Deputy Minister of Tourism Kostas Koumis announced on Wednesday the approval of a memorandum of understanding with Saudi Arabia in the tourism sector, as well as the establishment of a ...

By Maria Eirini Liodi For a sixth year next Sunday, Platres will be embracing in style its most enduring fragrance – lavender. The mountain village’s annual lavender festival will attract 25 ...

Here are the top business stories in Cyprus from the week starting June 19: Hellenic Bank on Friday released its financial results for the first quarter of 2023, posting a profit of €69.7 ...