Breaking news

Deputy Minister Of Tourism Charts Promising Future For Cyprus Post-WTM Engagements

by THEFUTURE.TEAM

November 6, 2025

Cyprus Deputy Minister of Tourism, Costas Koumis, has signaled robust optimism for the forthcoming tourist season following a series of strategic discussions with tour operators and airlines at the renowned World Travel Market (WTM) in London.

Strategic Engagement At WTM

Held at the Excel Centre, the WTM stands as one of the globe’s most significant tourism events, featuring over 5,000 exhibitors from 180 countries and drawing nearly 45,000 industry professionals. During the event, Deputy Minister Koumis successfully communicated Cyprus’ commitment to leveraging its assets as a year‐round destination, receiving highly positive feedback from key partners.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Enhanced Focus On Winter Tourism

With a clear mandate to build upon the recent summer successes, Deputy Minister Koumis emphasized that amplifying visitor numbers during the winter season remains a top priority. “The main goal for us now is to increase visitors during the winter season, something we are working very intensively to achieve,” he noted. This focus is underpinned by remarkable performance metrics, including Cyprus recording the highest increase in hotel overnight stays among European competitors when comparing recent years.

Solidifying A Year-Round Appeal

Feedback from strategic partners was overwhelmingly positive, with endorsements reflecting both the exceptional summer visitor experience and the readiness for continued collaboration. These discussions reinforce Cyprus’ position as the European Mediterranean country with the highest percentage of revenue derived from tourism, reinforcing its potential as a viable destination throughout the year.

As Cyprus continues to enhance its offerings and foster international collaboration, the proactive engagement at WTM is set to underpin a transformative growth trajectory for the nation’s tourism sector.

The Future Forbes Realty Global Properties

Cyprus Property Valuers Advocate Investment Funds For Affordable Housing Initiative

by THEFUTURE.TEAM

December 10, 2025

A Strategic Investment for Social Stability

Cyprus’ property valuers association has put forward a compelling proposal for the creation of 500 new affordable housing units. The association recommends that investment funds, including the social insurance fund and other private initiatives, actively participate in the development process. This strategic move is intended to secure the long-term financial stability required for such a vital infrastructure project.

An Innovative Financial Model

Polys Kourousides, President of the association, emphasized that the financial structure should be designed to avoid additional strain on the state budget. “The model should prioritize sustainability and efficiency, especially since the private sector is tasked with the delivery of these housing units,” Kourousides stated. His remarks highlight the importance of blending public interest with private sector expertise to effectively address pressing social challenges.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Addressing a Growing Social Need

Kourousides further described the initiative as a timely response to one of the most urgent social issues of our time. The association has long championed the use of state-owned land for affordable housing projects, underlining its commitment to socially balanced urban development. In addition, the association remains prepared to assist the government by providing essential technical and scientific perspectives to shape a modern, efficient housing framework.

Looking Ahead

This proposal underscores the growing recognition among industry leaders that innovative financial models and public-private collaboration are essential to address housing shortages. With a clear roadmap and the right investment partners, Cyprus may well set a benchmark in sustainable and inclusive urban development.