The city and district of Larnaca will acquire new hotels and tourist accommodation within the next few years, which are expected to highlight the area as an attractive investment and tourist destination.
In a statement by the Larnaca Tourism Development and Promotion Company (LTAP), it is stated that "the tourism developments under construction and planned, demonstrate that Larnaca is a very attractive investment destination in the tourism and hospitality sectors".
It is added that "the most recent but important addition in terms of achieving diversity in Larnaca's hotel product, since it is a resort-type unit, is the Radisson Beach Resort Larnaca. This particular property opened in October 2022, is located in the coastal area of Voroklini and provides all the facilities and services of a five-star hotel."
Larnaca was chosen by the French hotel giant Accor Group with the well-known Mercure brand to operate its first unit in Cyprus. The new unit is called Mercure Beach Resort Larnaca and will open in April 2023 in Voroklini."
According to the announcement, "the new Pallas Hotel, which is expected to open soon, aims to bring back the old glamour of the historic homonymous square in the city centre."
Moreover, the "Quality Group of Companies, together with its partners, continues to enrich the hotel map of Larnaca with four new hotels."
In addition, the "Quality Group of Companies, together with its partners, continues to enrich the hotel map of Larnaca with four new hotels."
In addition, the "Quality Group of Companies, together with its partners, continues to enrich the hotel map of Larnaca with four new hotels. In particular, two abandoned hotels in Pyla, the former Stavros Hotel which will carry the Best Western brand and the former Aris Hotel, will be fully upgraded and will operate next summer as licensed first class apartments."
In addition, "the Quality group will create the first robotic hotel in Cyprus located on Makarios Avenue, under the brand of the Holiday Inn Express chain, the works of which are expected to start immediately. In mid-2023, the construction of an ultra-luxury unit in Voroklini is also expected to begin on land of 15 thousand square meters, which will bear the name of a major international chain."
Within the coming year, "it is estimated that all four hotel investments of NCH Capital Inc. in collaboration with its strategic partners."
As mentioned, the three developments are located in Pyla and include the Troy Resort & Spa, the four-star Beau Rivage Hotel & Residences and the five-star Floating Scapes. The latter two are located in the tourist area of the Pyla seafront and consultations are underway for collaboration with international brands.
Still this company "is also proceeding directly with the construction of a boutique hotel in the St. Lazarus area under the name St. Lazarus Hotel."
It is noted that "the first hotel within its boundaries is expected to be acquired by the Municipality of Dromolaxia-Meneos. This will be the four-star Parayialia Hotel and will be located on the coastal road of Meneos, while the development is in the licensing stage with work expected to start in 2023."
The announcement also states that "within the boundaries of the Municipality of Larnaca, more than 1000 beds are pending licensing, while 13 of the 33 new applications are for listed buildings."
"This is fully in line with the objective of the Larnaca EBRD to use listed buildings as a measure to preserve our architectural and cultural heritage, to give character to the city and to offer alternative accommodation options sought by the modern tourist," the statement concludes.
Source: CNA
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