Cyprus Hospitality Awards 2025: Recognizing Excellence In Tourism And Hospitality

This week, the Deputy Ministry of Tourism unveiled the nomination process for the Cyprus Hospitality Awards 2025, a landmark initiative designed to recognize and reward excellence in the tourism and hospitality sectors. In a robust partnership with the Cyprus Hospitality Body (Kypria Filoxenia), this program underscores Cyprus’ commitment to delivering exceptional visitor experiences.

Celebrating Superior Hospitality

The first pillar of the awards emphasizes the hospitality experience. The public is invited to nominate individuals or teams that went above and beyond in 2024 to create unforgettable moments for visitors. Nominees must submit a comprehensive proposal highlighting outstanding achievements in categories such as accommodation, catering, travel, agrotourism, and overall hospitality excellence. A dedicated panel of judges will rigorously review each submission until the August 22, 2025 deadline.

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Recognizing Digital Excellence

The second pillar focuses on online reputation, a critical component of modern tourism. This category leverages the Deputy Ministry’s advanced Online Reputation Management (ORM) system, which automatically assesses guest reviews and ratings across digital platforms. By eliminating the need for nominations, this process ensures a fair and transparent evaluation of the digital landscape, reinforcing Cyprus’ image as a premier destination.

The Cyprus Hospitality Awards 2025 serves not only to honor exceptional service providers but also to enhance Cyprus’ international reputation as a quality destination. This dual approach highlights the importance of both personalized excellence and digital credibility in today’s competitive tourism industry.

The Future Forbes Realty Global Properties

Cyprus Property Deals Reach €286 Million Despite Second-Quarter Uncertainty

by THEFUTURE.TEAM

July 28, 2026

Cyprus’ high-end property market remained active in the first half of 2026, although geopolitical uncertainty may have weighed on investment activity during the second quarter.

€286.4 Million Across The 50 Largest Deals

Property transactions worth a combined €286.4 million ranked among Cyprus’ 50 highest-value deals completed between January and June, according to real estate analytics firm Ask Wire.

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Examining the country’s biggest sales across all districts, the report found that the 10 largest transactions alone accounted for €161.7 million, highlighting the concentration of activity at the upper end of the market.

Limassol Extends Its Lead

A €55 million sale involving a building and adjoining fields in Moni was the largest property transaction recorded during the period.

Six of the country’s 10 biggest deals took place in Limassol, with a combined value of €117.2 million. Paphos followed with three transactions worth €35.5 million, while Larnaca recorded one €9 million sale.

Across the broader ranking, Limassol’s 10 largest transactions reached €148.2 million, representing 51.7% of the total value of the top 50 deals. Paphos followed with €68.8 million (24%), while Nicosia recorded €26.7 million. Famagusta narrowly surpassed Larnaca, reaching €21.4 million compared with €21.2 million.

Land Continues To Drive High-Value Deals

According to Ask Wire CEO Pavlos Loizou, land acquisitions continue to dominate Cyprus’ largest property transactions.

“The land market dominates the list of the 10 highest-value property transactions, with seven sales involving fields and plots.”

Many of those sites are expected to be developed into luxury residential and hospitality projects, he added.

Office Demand Remains Strong

Growing demand for office space also reflects the expansion of international companies establishing operations in Cyprus, Loizou said.

“We continue to observe growing demand for office properties, reflecting the expansion of the new ecosystem of international companies that has been establishing itself in Cyprus in recent years.”

Eight of the 10 largest transactions were completed during the first quarter of 2026, with activity slowing in the following three months.

Loizou said the slowdown may reflect investor caution linked to the conflict in the Middle East, which appears to have influenced investment decisions during the second quarter.

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