According to data provided by Central Bank of Cyprus’s Real Estate Unit, part of the Economic Research Department, Residential Property Price Index (RPPI) saw a quarterly rise of 0.3 percent during the fourth quarter of 2016, reflecting recovery in the real estate sector in Cyprus.

Held on June 19 at Hilton Park Nicosia, Cyprus Hotel Association’s (CHA) annual general meeting focussed on discussing recent developments in Cyprus’ tourism sector.

On June 16, Cyprus’ Department of Environment, presented the first completed phase of its study regarding the management of the island’s coastal and terrestrial zones. 

In 2018 and for the fourth consecutive year, Aegean Airlines will support the OPAP Limassol Marathon GSO, as a gold sponsor.

Cyprus Airways and S7 Airlines have announced a codeshare agreement on St. Petersburg – Larnaca itinerary, operating three times weekly as of June 08.

On the occasion of celebrating the Restoration of Independence of Georgia as well as the 25 years of diplomatic relations between Georgia and Cyprus, Nicos Kouyialis, agriculture, rural development and environment minister, Cyprus, spoke at an event in Georgia.

In a bid to attract more tourists to the destination, Pafos Regional Board of Tourism has recently announced that significant developments have been made in order to upgrade the city’s online resources.

Aiming to increase awareness about cultural heritage and promote Cypriot customs and traditions to both local and foreign visitors, Ayia Napa Municipality launched The Revival of the Cypriot tradition festival for the second consecutive year.

Pafos Regional Board of Tourism has recently joined Culture and Heritage for Responsible, Innovative and Sustainable Tourism Actions (CHRISTA), a new European Union (EU) programme concerning cultural tourism.

Aiming to increase awareness of the potential of mountain tourism, Cyprus Tourism Organisation (CTO), in collaboration with Troodos Development Company (ANET), recently organised a seminar in Kyperounta.