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Ayia Napa is the largest tourist resort in Cyprus, with a 27,000-person-bed capacity and more than 175 hotels and apartments of all sizes. In 2017, the resort received over 700,000 tourists and accommodated 5 million overnight stays, [ 26 ] representing approximately 30% of all Cyprus overnight stays.
Tourism in Cyprus occupies a dominant position in the country's economy, [1] [2] and has significantly impacted its culture and multicultural development throughout the years. [ 3 ] [ 4 ] In 2006, the tourism industry made up 10.7% of the country's GDP and the total employment in the tourism industry was estimated at 113,000 jobs. [ 5 ]
It is Europe's first integrated resort, as well as its largest as of March 2024. [2] [3] It is owned by Melco Resorts & Entertainment Limited (NASDAQ: "MLCO"). It was constructed at a cost totalling over €600,000,000 (US$660,000,000). [1] It is a 14-storey development with over 500 room/suites.
The Ledra Palace Hotel is located in central Nicosia, Cyprus, and until 1974 was one of the largest and most glamorous hotels of the capital. [1] The hotel was designed by the German Jewish architect Benjamin Günsberg and was built between 1947 and 1949 by Cyprus Hotels Limited at a cost of approx £240,000 Cyprus pounds on what was then called King Edward VII Street, since 1962 Markos Drakos ...
A seaside resort is a city, town, village, or hotel that serves as a vacation resort and is located on a coast. Sometimes the concept includes an aspect of an official accreditation based on the satisfaction of certain requirements such as in the German Seebad. [a] Where a beach is the primary focus for tourists, it may be called a beach resort.
In the 1980s, Kato Paphos received most of the investment. In the 1990s, Coral Bay Resort was further developed and in the 2000s, the Aphrodite Hills resort was developed. Today Paphos, with a population of about 35,961 (as of 2018), is a popular tourist resort and is home to a fishing harbour. Ktima is the main residential district while Kato ...