In the first nine months of the year, overall revenue from tourism rose an annual 3.2% to below €1.8bn, Cystat said in a statement on its website.
Tourist arrivals in September and in January to September rose an annual 14% and 7.4%, according to previous Cystat data.
Directly or indirectly, tourism accounts for roughly one quarter of Cyprus’ economy according to the London-based World Travel and Tourism Council.
Source: Cyprus Mail
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
Read Georg Bühler's Insight
