According to new research from Phocuswright, the global travel market is forecasted to grow between 6-10 percent per year through 2026.  The industry has now exceeded pre-pandemic levels, recording a 24 percent jump in gross bookings in 2023, and a total spend of USD1.5 trillion.

As part of Larnaka Tourism Board's (LTB) ongoing efforts to welcome and embrace all visitors there are currently several initiatives underway to increase touristic accessibility. 

Medical tourism has been gaining momentum and it is also evident from companies' discussions that it presents a big opportunity. An in-depth analysis of the filing documents reveals that companies are focusing on the needs of international patients, including access to skilled healthcare professionals, advanced treatments, and world-class facilities, reveals the Company Filing Analytics Database of GlobalData, a leading data and analytics company.

Cyprus unemployed persons, registered at the District Labour Offices on the last day of May 2024, reached 8.159 persons.

Europe's tourism industry is experiencing a robust recovery in the first months of this year. Based on data from reporting destinations, foreign arrivals (+7.2 percent) and overnights (+6.5 percent) in the first quarter of the year surpassed 2019 figures.

In 2023, more than 75 percent (195.7 million) of the EU’s 20 to 64-year-olds were employed, the highest share recorded since the start of the time series in 2009. This marks three consecutive years of growth after a drop to 72 percent in 2020 due to the COVID-19 pandemic.