Transport, Leisure & Tourism sector

As one of the top tourism destinations, Cyprus is an appealing island known for its natural beauty and historical sites, presenting significant opportunities for investment in the hospitality sector. Cyprus’ Mediterranean climate, picturesque scenery, beautiful beaches, numerous historical and cultural attractions, traditional hospitality, and vibrant cuisine all provide an excellent foundation for further enhancing the industry.

Additionally, Cyprus’ geographical location, situated between three continents, offers opportunities for visitors from a wide range of nationalities.

International, regional, and local competitive pressures, along with the general economic environment, create both opportunities and risks in the Travel, Leisure, and Tourism industry. Many companies in the hospitality sector are seeking innovative and sustainable methods to attract new business, improve operating efficiency, and increase profitability.

At KPMG Cyprus, we leverage industry-leading knowledge, data-driven technology, and global alliances to help you achieve your business objectives. Our team of industry specialists is dedicated to enhancing trust, mitigating risk, and unlocking new value, enabling you to build a resilient and sustainable business. Additionally, we assist our clients in addressing both current and emerging issues.