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British Travelers Appointed As Tourism Ambassadors By Ayia Napa

A renowned British couple, whose unwavering dedication has seen them choose Ayia Napa as their exclusive holiday destination on 70 separate occasions, has been honored by the local authority. This prestigious recognition reflects not only their enduring affinity for the coastal town but also their role as ambassadors on behalf of British visitors.

Historic Loyalty And Cultural Connection

Peter and Glynnis Ditchburn have become synonymous with Ayia Napa’s unique charm. Their repeated visits underscore a deep cultural connection that transcends the typical tourist experience. The couple’s loyalty has translated into a significant endorsement, making them exemplary figures in promoting the town’s appeal to visitors from Great Britain.

Recognition From Local Leadership

The award was presented by Ayia Napa mayor Christos Zannettou, who lauded the Ditchburns as not only devoted tourists but as bona fide honorary locals. The mayor highlighted their impressive travel record as a testament to the town’s allure and the exceptional hospitality that both locals and authorities extend to all visitors.

This prestigious appointment adds a compelling narrative to Ayia Napa’s marketing story, setting a benchmark for tourism loyalty and encouraging similar long-term engagements. In an era where destination authenticity is increasingly valued, the Ditchburns’ story offers a powerful example of how repeated positive experiences can forge enduring bonds between visitors and their chosen getaway.

doValue Cyprus Strengthens Market Leadership With New Astrobank Portfolio

Expanding Market Influence

Loan and real estate management firm doValue Cyprus has significantly reinforced its domestic presence in non-performing loan servicing by acquiring a new portfolio from Astrobank Public Company Limited. This development follows Astrobank’s recent transition, marked by the transfer of key operations to Alpha Bank Cyprus Limited and the subsequent surrender of its banking licence.

Strategic Acquisition And Swift Execution

Finalized on November 3, 2025, the agreement underscores a decisive strategic shift as doValue Cyprus assumes management of Astrobank’s remaining portfolio. The immediate commencement of portfolio management is a testament to the firm’s commitment to delivering specialized, resilient solutions within the non-performing loan market.

Expertise Driving Market Growth

Chief Executive Officer Varnavas Kourounas emphasized that the latest portfolio acquisition not only expands the firm’s operational footprint but also validates its credibility and deep expertise in the competitive Cypriot financial sector. The strategic move is aligned with the broader growth ambitions of the doValue Group.

Broader Market Implications

Operating as part of the international doValue Group—the largest independent loan and real estate management organization in Southern Europe—doValue Cyprus is well-positioned to leverage its newly expanded portfolio. With approximately €136 billion in assets under management, the group maintains a dominant presence across Italy, Greece, Spain, Portugal, and Cyprus. Moreover, its subsidiary, Altamira Real Estate, runs Cyprus’ largest real estate platform, managing extensive property portfolios alongside the island’s most comprehensive sales network.

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