Cyprus’ tourism sector has always been a major contributor to the country’ s economy. The tourism and hospitality industry is one of the largest economic sectors in Cyprus, with a GDP contribution close to 15%. Being an established and resilient tourist destination, Cyprus has maintained the interest of leading investment groups and hotel chains to expand their footprint and invest in the island. There are major projects underway such as marinas, golf resorts, hotels and luxury resorts and the new integrated Casino Resort have marked a considerable development into tourism related investment.