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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.
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.
An all-inclusive resort is a holiday resort that generally includes, in the price of booking a stay, lodging, unlimited food and drink, alcoholic drinks, entertainment, and other recreational activities like sports or watersports. [1] They are often located in warmer regions of the world, particularly in the Mediterranean, Mexico and the Caribbean.
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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 ]
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