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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.
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.
In 2021, 1.5 million enterprises in the EU had their core business in the real estate sector, representing 4.8 percent of all active enterprises in the EU’s business economy. This marked an 11 percent increase from 2020 (1.3 million enterprises).
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.