Travel and Tourism in Cyprus to 2018

Date: 2015-09

The Cypriot travel and tourism sector was adversely affected by the eurozone crisis in 2009. Despite recovery in 2010โ€“2011, the financial crisis in the country in 2012โ€“2013 led to a further fall in the sector in 2013. Initiatives by the Cyprus Tourism Organization (CTO) to promote domestic and international tourism, and government plans for the development of tourism infrastructure facilities and increasing foreign investments are expected to attract more tourists over the forecast period.


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