Economy category powered by

We remain optimistic, Deputy Minister of Tourism says

We remain optimistic, despite the uncertainties, Deputy Minister of Tourism Kostas Koumis has said.

Addressing the recent General Assembly of the Cyprus Hotel Managers Association in Limassol, Koumis, who was representing the President of the Republic Nikos Christodoulides, praised the continuous and valuable contribution of the Association to the tourism industry of Cyprus saying that “our collective responsibility is to work together  to diversify the tourism product, investing in the green transition, collaborating with local authorities to green destinations, and invest in highlighting the comparative advantages of our country.”

He described the tourism sector as “more competitive than ever before”, but noted that the external factors affecting tourism have multiplied. He also stressed the "historic achievements" recorded in Cyprus tourism in 2024, despite the ominous forecasts and the continuous challenges.

“Despite the uncertainty that has overwhelmed the global economy, we remain optimistic that this year too we will manage to have a successful tourism year, beneficial for tourism businesses and local communities,” he concluded.

President of the Cyprus Hotel Managers Association Marios Ellinas, said in his address that Cyprus' potential as a tourist destination is inexhaustible and referred to the culture, gastronomy, nature, infrastructure.

Deputy Secretary General of the Cyprus Chamber of Commerce and Industry, Andreas Andreou,  underlined that the country's tourism is on an "extremely positive course", noting that last year both arrivals and tourism revenue set a record amidst a difficult situation given the geopolitical challenges and international economic uncertainty. 

"These parameters make our success even more remarkable." he concluded. 

(Source: CNA)

Read More

President Christodoulides to attend Pope Francis' funeral
‘Nicosia-Capital of Cyprus’ Initiative supports suggested traffic regulation for Makarios Avenue
Embassy of the Holy See in Cyprus to open book of condolences for late Pope
Intellectual Property: The importance of the Supreme Court's decision and the need for the establishment of a Copyright Authority
G.A.P. Vassilopoulos' documented proposal for combatting the water shortage
DreamPlay opens an office and campus in Limassol
Universal Life selects Sapiens to modernise its core systems
Egg prices up annually in EU and Cyprus to a lesser extent, according to Eurostat
Pope a devotee of peace and dialogue, President says
US stocks and dollar plunge as Trump attacks Fed chair Powell