Travel, Leisure and Tourism 

Cyprus offers appealing cities and regions whose natural beauty and historical sites bear the potential to become top notch tourist destinations. A pleasant climate, picturesque scenery, beautiful beaches, numerous historical and cultural attractions, traditional hospitality and a vibrant cuisine all provide an excellent basis for the further development of tourism.

The Travel, Leisure and Tourism industry that is fundamental to the Cyprus economy is under intense competitive pressures and the recent global economic downturn has certainly had its effect on it.
In KPMG Limited, we have the industry and sector knowledge to help you achieve your business objectives. The knowledge and scope of experience that we offer is as wide as the countries and the markets in which we operate.

A number of businesses operating in the Travel, Leisure & Tourism sector are family business and KPMG’s Family Business practice can help you to address the specific needs of such businesses.

Vulnerable to the economic cycle, many companies are finding themselves looking for innovative ways of attracting new customers and increasing profit. KPMG’s team of industry specialists can challenge your approach and help you find ways to overcome common challenges including the following:

  • Audit
  • Tax
  • Advisory
    • - Transaction Services
        - Corporate Finance
          - Forensic
            - Business Performance Services
              - IT Advisory

              Services Benefits of our services

              • High quality, personal approach and methodology shared by the KPMG global network of advisory firms
              • Local knowledge combined with international know-how
              • For each project a unique approach that is consistent with the given environment and the specific client requirements and needs
              • Lines of reasoning that might help you win over suitable partners for your project and reduce the risks associated with project implementation or operation
              • Description of effectual steps toward the implementation of a project

              • Sector know-how

                • Hotels and destination resorts
                • Health, wellness, SPA and fitness centres
                • Golf courses and golfing estates
                • Sport and cultural events
                • Theme parks and visitor attractions
                • Stadiums and arenas
                • Convention and exhibition centres
                • Restaurant chains
                • Tour operators and travel agencies


        Demetris S.Vakis
        Board Member, Primary Contact

        +357 22209301

        Fax: +357 22377934

        TLT Brochure

        Please see our TLT brochure (PDF, 438 KB) for more detailed information on the services provided.

        Cyprus Tourism Market Report 2nd Edition

        The second edition of KPMG Cyprus Tourism Report (PDF,760 KB), provides an overview of the major economic factors affecting the industry as well as a summary of the recent trends and activities.