Economy category powered by

Tourism Minister optimistic about 2024 despite “not easy year” ahead

Deputy Minister of Tourism Kostas Koumis has said that he remains optimistic regarding Cyprus’ 2024 tourism performance, although, as he noted, “it is not an easy year.”

In 26 March statements in the House of Representatives and when asked about the sector’s performance, Koumis noted that there had been an increase in arrivals during the first two months of the year amounting to 1.6%.

But as he added, “it is not an easy year, but a year marked by challenges” with Cyprus’s tourism industry affected by the situation in the Middle East, the economic crisis in Germany and the recession in Great Britain and mostly the aviation crisis.

"We remain optimistic because we had worked intensively before the crisis to increase availability" he said and added that most likely the sector’s performance will be similar to the previous year.

Regarding the “green” fee to be imposed later this year, Tourism Deputy Minister said that it is not something that currently affects potential guests and noted he will get back to this after the consultation planned with the Ministry of Finance.

(Source: CNA)

Read More

EU report reveals Cyprus has highest share of online clothes shoppers and social media users
Chief Scientist promotes Cyprus as innovation and investment hub in Asia
Marios Loucaides: Significant acceleration in mergers and acquisitions is anticipated
Prodea Investments now owns almost 100% of MHV after €92.3m 20% acquisition from Flowpulse
PASYLE's clear message about DRS: "The cost should not be transferred to supermarkets and consumers"
Baker Tilly South East Europe hosting Baker Tilly 2025 Europe Conference in Athens
We enjoy a very strong relationship with Cyprus, advisor to Qatari Prime Minister says
Aristotelis Panteliadis: The food retail market is changing rapidly - "Purely online" is a thing of the past
Olympios Toumazou: Cypriot consumers behave like cats on a rooftop
European shoppers willing to switch payment methods for faster checkouts, but trust remains key