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Paphos chamber of commerce pleased with economic performance in 2022
February 7, 2023
Paphos’ economy performed well during 2022, both in terms of its tourism sector and real estate and market, according to Paphos Chamber of Commerce and Industry (Evep) secretary and director Marinos Stylianou.
“2022 was a very good year for the city’s economy despite the adverse conditions that preceded it and which continue to affect us negatively to this day,” Stylianou told the Cyprus News Agency (CNA).
“In 2022, Paphos had very good occupancy rates in its hotels, mainly due to the increase in the arrivals of British tourists, and represents a very important year of recovery for Paphos’ tourism industry, since the district managed to reach about 85 per cent of arrivals and about 90 per cent of the income recorded during 2019,” he added.