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Casino to make Cyprus leading tourism destination, says property president

September 26, 2018 at 4:17pm
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Cyprus Casinos C2 has already started attracting a substantial number of tourists to favourable acclaim says Craig Ballantyne, property President of City of Dreams Mediterranean and Cyprus Casinos C2, adding that he is optimistic that when the integrated casino resort is launched in 2021, Cyprus will emerge as a  leading global destination for leisure and business tourism.

In a message on the occasion of World Tourism Day which is marked on September 27, Ballantyne emphasised the important contribution the tourism industry has and continues to make to the economic and social growth of Cyprus by creating new jobs and generating revenue.

“We at Melco consider ourselves an important contributor to Cyprus’ tourism in establishing the island as a popular and must visit destination,” he said.

The pioneering City of Dreams Integrated Resort, a landmark for Cyprus and the wider region, is expected to attract an additional 300,000 tourists per year, firmly putting Cyprus on the map as an international conference destination, he said.

City of Dreams Mediterranean will create an estimate of 4,000 local job opportunities during the construction phase and approximately 2,400 permanent jobs once it is fully opened as well as contributing to approximately 6,500 direct, indirect and related full-time jobs, he added.

After the second year of operation, the Integrated Resort is expected to contribute approximately €700 million per year to the Cyprus economy, accounting for around 4% of the country’s annual GDP.

“As success is a journey and not a destination, I want to reiterate our continued commitment to the on-going refinement, innovation and improvement in collaboration with our stakeholders and the Cyprus government of the efforts aimed at upgrading and differentiating the tourism offerings  of Cyprus,” he said.

This year’s World Tourism Day is dedicated to the important contribution of digital transformation to tourism.