According to the results of the Cyprus Services and Transport Survey, the tertiary sector of the economy registered in 2022 a positive growth rate compared to 2021.

Travelport a global technology company that powers bookings for hundreds of thousands of travel suppliers worldwide, today announced a new partnership with Ajet (formerly AnadoluJet), the low-cost carrier (LCC) brand from Turkish Airlines, that brings more enriched multi-source content to agency customers.

The movement of travellers to and from Cyprus in 2023 recorded an increase compared to 2022. Total arrivals of travellers reached 6.107.725 recording an increase of 26,4 percent and departures totalled 6.105.574, also recording an increase of 26,8 percent, compared to 2022. Air traffic represented 95,1 percent of arrivals and 95,2 percent of departures in 2023.

Travel and tourism sector witnessed 10.9 percent year-on-year (YoY) decline in the number of deals (mergers and acquisitions (M&A), private equity (PE) and venture financing) announced globally during January-May of this year.

In May of this year the total Cyprus government employment reached 54.826 persons. For the period January – May an average total government employment reached 54.835 persons, marking an increase of 2.684 persons (5,1 percent) compared to the corresponding period of 2023.

Based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism in Cyprus reached EUR113,0 million in March this year compared to EUR97,8 million in the corresponding month of 2023, recording an increase of 15,5 percent.