Opens in a new tab

Breaking news

Cyprus Elevates Tourism Quality Ahead Of EU Council Presidency

Tourism Resilience And Recovery

Cyprus is poised to fortify the quality of its tourism offerings as it enters a pivotal phase of development. Deputy Minister of Tourism Kostas Koumis emphasized the nation’s robust recovery and remarkable growth during a gathering of the Association of Travel And Tourism Agents Of Cyprus (Actta) in Nicosia. He noted that the past three years have not only seen the industry rebound from pandemic setbacks but, in many instances, surpass pre-pandemic performance metrics.

Strategic Investments And Evolving Priorities

The Deputy Minister outlined several key initiatives driving this transition. Enhanced air connectivity across European markets, rising hotel overnight stays well above the EU average, and significant gains in tourism revenue underscore this upward trend. However, Koumis stressed that the government’s strategy is evolving—tourism success must now be measured by the depth and quality of the experiences offered rather than mere visitor numbers or revenue figures.

Embracing Sustainability And Authenticity

According to Koumis, addressing seasonality, prioritizing digital upgrades, environmental sustainability, and robust local community support are crucial. These measures align with the EU’s Tourism Agenda 2030, which champions long-term sustainability and community enrichment. The Deputy Ministry has already allocated over €20 million through the Recovery And Resilience Facility (RRF) to upgrade rural and remote areas, enhance local accommodations, and foster authentic visitor experiences.

Preparing For A Modern Tourism Model

Recent initiatives—including a draft law on diving tourism, the launch of a national tourism app, a comprehensive study on medical tourism, and a project documenting Cyprus’ rich tourism history—demonstrate a strategic pivot toward strengthening the island’s unique destination attributes. As 2024 and 2025 set new benchmarks in visitor arrivals and revenue, industry leaders are now called upon to envision the next decade collectively. Koumis underscored the influential role of tour operators in promoting lesser-known regions and expanding authentic tourism products.

A Vision For Broader Prosperity

The overarching challenge remains ensuring that progress in tourism generates broad societal benefits. The commitment to cultivating a modern tourism model—one that enriches visitors with the genuine flavor of Cyprus while providing tangible advantages to local communities—illustrates a forward-looking strategy. As the nation prepares to assume the EU Council Presidency in 2026, Cyprus is set to redefine its tourism paradigm, building not only on performance metrics but on the intrinsic value of unique and sustainable experiences.

Google Cloud Outage Disrupts Banking And Digital Services Across The UK

A power outage at a Google Cloud data centre near London disrupted services across the UK on Tuesday, affecting banks, businesses and other digital platforms. Google said the incident was caused by a power event at its cloud operations, with full recovery expected by around 1300 GMT.

The disruption began at 0608 GMT and affected Google Cloud services in the europe-west2 region, which is hosted in London. In an initial update, the company reported elevated error rates and intermittent network failures across multiple services as engineers worked to restore operations.

Banking Services Hit By The Disruption

Revolut was among the most visibly affected companies, with customers reporting problems with ATM withdrawals, bank transfers and card top-ups. A source close to the matter linked the issues to the Google Cloud outage.

Traditional banks also reported disruptions. Lloyds said some customers were experiencing problems with its app and online banking, while HSBC confirmed difficulties accessing its services. HSBC added that it was monitoring the situation and noted that other organisations were affected as well.

Disruption Spreads Beyond Finance

Downdetector, which tracks online service disruptions, recorded hundreds of reports involving other businesses, including property website Rightmove and the Royal Mail postal service. The reports suggested that the outage was affecting multiple parts of the UK’s digital economy.

The incident highlights the risks facing businesses that depend on shared cloud infrastructure. Even a temporary failure at a single provider can disrupt services across several sectors, from banking and payments to logistics and consumer platforms.

Companies Reassure Customers

Revolut said it had been working to resolve the issue since it was identified and apologised to affected customers. The company also confirmed that customers’ money and data remained safe.

As cloud platforms underpin an increasing share of digital commerce, the outage illustrates how disruptions to critical infrastructure can spread far beyond the provider itself, affecting businesses and customers across the economy.

The Future Forbes Realty Global Properties
Aretilaw firm
Uol
eCredo

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter