Here are the top business stories in Cyprus from the week starting May 22:
Talks between the government and US energy giant Chevron appeared to move in a positive direction on ...
European University Cyprus this week announced that in collaboration with the International Union of Tourism Policy and Middlesex University, will be holding an international tourism conference in Cyprus.
The conference, ...
German travel and tourism company TUI Group recently released a report outlining its performance during the first half of the year, noting a significantly improved second quarter and a strong ...
Ryanair (RYA.I) achieved close to record full-year profit in the year to March 31 and is cautiously optimistic that robust summer demand will ensure modest profit growth in the next 12 ...
Below are the top business stories from Cyprus for the week starting May 15:
Tourist arrivals in Cyprus experienced an increase of 18.5 per cent in April 2023, compared to the same period ...
Robust growth in tourist arrivals in Cyprus reaffirms post-pandemic recovery
Tourist arrivals in Cyprus experienced an increase of 18.5 per cent in April 2023, compared to the same period last year, according ...
There was a 12.7 per cent decrease in the issuance of new building permits in Cyprus during the first two months of 2023, according to data released by the Cyprus Statistical Service (...
Below are the top business stories from Cyprus from the week starting May 8:
The Deputy Minister of Shipping, Marina Hadjimanoli, emphasised the importance of competitiveness, resilience, and anticipation of new ...
National flag carrier Cyprus Airways on Friday announced a significant increase in its passenger volume for April 2023, providing further evidence of the travel industry’s ongoing recovery from the dire ...
Europe’s first integrated casino resort will be opening in Cyprus on July 10 this year, Melco Resort announced on Thursday.
Described as a game changing development, the resort is “poised ...
The number of international tourist arrivals is expected to reach 10.78 billion, 74.4 per cent of the 2019 level, according to the Report on World Tourism Economy Trends 2023 issued on Wednesday.
In 2023, the ...
The International Air Transport Association (IATA) this week reported a significant increase in air travel demand for March 2023, with total traffic rising 52.4 per cent compared to the same month in 2022.
...
Ireland’s Ryanair (RYA.I) sealed a multibillion-dollar deal for as many as 300 Boeing (BA.N) jets on Tuesday, burying the hatchet after an 18-month public feud over prices upset ...
Tourism revenue for February increased by 42.9 per cent over last year, the island’s statistics department (Cystat) said on Tuesday.
Revenue from tourism reached €56.6 million in February 2023 compared to €39.6 mn ...
Sebastian Ebel, the Chief Executive Officer of TUI, a leading tourism company, this week declared that the era of inexpensive flights has come to an end, noting, however, that Cyprus ...
Paphos is set to experience its best flight schedule in 30 years, according to Nasos Hadjigeorgiou, the head of the Paphos Regional Board of Tourism (Etap).
In statements made to the ...
Here are the top business stories in Cyprus from the week starting May 1:
Credit rating agency DBRS Morningstar has acknowledged that the Cyprus government announced that it aims to achieve ...
Persistent staff shortages at Paphos hotels significantly affect the quality of services offered, the head of the Paphos hotel association Thanos Michaelides said on Thursday.
The issue of finding staff ...
The Paphos regional board of tourism (Etap) this week announced that it has successfully participated in a European programme for smart small-to-medium enterprises (SMEs), which will help to improve the ...
Greenspan Projects, a creative design and build specialist, on Wednesday, announced that it has been appointed to work on City of Dreams Mediterranean, a major project which will create one ...
Hermes Airports, the consortium that manages and controls the island’s two International Airports, on Tuesday released a statement welcoming Jazeera Airways to Cyprus.
Jazeera Airways, a low-cost carrier based ...
Here are the top business stories in Cyprus from the week starting April 24:
Cyprus’ shipping industry will continue to improve, according to the country’s Deputy Minister of Shipping, as ...
By Tom Cassauwers
The passenger planes of today are based on designs that have been fundamentally the same for decades. This means that flight times have also changed very little.
...
Cyprus Deputy Minister of Tourism Costas Koumis recently met with strategic partners in London in order to ensure a strong summer tourist season and a solid autumn.
Speaking to the ...