Breaking news

Cyprus Set For Robust Tourism Surge In 2025

As we step into 2025, Cyprus is optimistically eying a thriving year for its tourism sector. Following a landmark year in 2024, where tourist arrivals exceeded four million, generating over €3 billion, there is a concerted push to reach new heights in the coming months.

Deputy Minister Costas Koumis has indicated a notable 6% increase in tourist arrivals when compared to the same period last year, showcasing the island’s improved air connectivity and infrastructure. Not only is this about increasing numbers, but also about enhancing the tourist experience, with initiatives to extend the tourism season beyond the traditional summer peak and focus on niche markets like sports tourism.

Paphos, a key player in Cyprus’s tourism sector, continues to shine. Its strategic investments in hospitality and new international connections—linking Paphos airport with 58 airports across 21 countries—underscore its growing appeal.

The push for quality service and diversified offerings emphasizes the importance of sustained improvements. Tourism in Cyprus is more than just a sector—it’s a dynamic, strategic facet of national growth.

Sklavenitis Cyprus Sets A New Standard For Employee-Centric Benefits

Investing In Human Capital

In a bold move that underscores the growing importance of human capital in today’s business landscape, Sklavenitis Cyprus has taken innovative steps to ensure its workforce is both valued and supported. The supermarket chain has introduced a policy to pay a 14th salary to all employees—including those from Papantoniou Supermarkets—cementing its status as the sole retailer in Cyprus to implement such a comprehensive benefit.

A Significant Investment In People

This initiative is far from symbolic. With an estimated total cost of €2 million, it represents a committed investment in the company’s most valuable asset—its people. By providing an additional salary, Sklavenitis reinforces a culture of inclusivity and fairness, acknowledging every employee’s contribution to its success.

Robust Benefits For Long-Term Stability

Complementary to the 14th salary, the company has launched a robust benefits program designed to address both financial and personal security. An Automatic Cost of Living Adjustment (ATA) of 12.56 per cent ensures that wages remain aligned with inflation, safeguarding real income stability for its team members.

Comprehensive Health And Life Support

Sklavenitis further enhances employee welfare through access to a Group Life and Health Insurance Plan and a Provident Fund co-funded by the employer. These measures not only provide immediate protection but also empower employees to plan confidently for the future.

Exclusive Perks And Incentives

The company extends its commitment beyond conventional benefits by offering store discounts, a birth allowance, and holiday gift vouchers valued at €100 during both Easter and Christmas. These additional perks enhance employee satisfaction and underline Sklavenitis’ people-first ethos.

A Strategy For Mutual Success

In an industry where employee engagement directly impacts customer satisfaction, Sklavenitis’ comprehensive approach stands out as both a progressive and strategic business decision. By investing in its workforce, the company not only nurtures a supportive workplace but also drives superior corporate performance, setting a new benchmark for responsible employment practices in Cyprus.

The Future Forbes Realty Global Properties

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter