Cyprus’ tourism industry is looking positive for 2014 and is expected to boost the country’s GDP as a result.

At the recent opening of the 38th Cyprus International State Fair, Cyprus’ Minister of Energy, Commerce, Industry and Tourism Giorgos Lakkotrypis declared the country’s outlook to be positive for 2014.

He commented: “Prospects for 2014 and the coming years are particularly positive. The Ministry of Energy, Commerce, Industry and Tourism is one of the most productive ministries in the country. It has an important role to play in the joint effort to restart the economy and restore our state’s credibility.”

The International State Fair has been hailed as a major factor in restarting Cyprus’ economy. Lakkotrypis commented: “The state fair is called upon to reaffirm once more its important role.”

Currently Cyprus’ tourism industry accounts for 10 percent of the country’s GDP and with recent links to more airports including Liverpool’s John Lennon Airport via EasyJet, the industry is expected to remain strong.

Cyprus is still one of the top tourism destinations in Europe and welcomes many tourists all year round to popular resorts including Paphos and Limassol. With over 300 days of sun each year it has already been crowned as a top winter sun holiday destination.

As Cyprus’ international airports see passenger traffic figures rise compared to last year and with new tourism attractions including the Limassol Marina set to open in 2014, Cyprus is correct to deem its future as positive. The sunny winter season is now underway and Cyprus can expect to see its economy boosted by incoming tourists.


Sources: Famagusta Gazette

About the author: Thomas Yates

After finishing his Business Management degree Tom was looking to join a progressive company where he had the opportunity to have his own ideas listened to and implemented. It was a case of being in the right place at the right time as Rivermead Global were looking at taking somebody on and in 2009 Tom joined the company. If you are looking at buying a property in Egypt or Turkey you have come to the right people. Read our Ultimate Guide To Buying Property In Hurghada