City of Dreams Mediterranean – billed as Europe’s first integrated resort – has officially opened to the public in Cyprus, promising to usher in “a new era” of tourism success for the Mediterranean country.
With a total investment of over €600m, the new resort – owned and operated by Hong Kong company Melco Resorts & Entertainment – takes in hotel accommodation (14 storeys and 500 bedrooms and suites), restaurants, a casino and an expo centre and is one of the largest development projects of its kind ever undertaken in Cyprus.
City of Dreams Mediterranean aims to establish the island as a year-round destination for premium tourism, world-class entertainment, as well as a hub for international business and conference tourism.
Striving to become a regional landmark, the resort said it will contribute towards the sustainable growth of the Cyprus economy by attracting thousands of tourists each year while creating hundreds of jobs and developing a chain of value for the local community through collaborations with Cyprus suppliers and businesses.
Lawrence Ho, Chairman and Chief Executive of Melco Resorts & Entertainment said: “Today marks the start of the most exciting chapter. City of Dreams Mediterranean gives Cyprus a new story to tell by blending local culture, hospitality and beauty with a new form of entertainment and experience. City of Dreams Mediterranean provides premium luxury, inspired and infused with local flavour. It allows Cyprus to unlock new markets in the region and beyond. Having a resort of this quality, with all its attractions, including the largest expo facilities on the island, opens multiple new possibilities. The resort is a product of incredible hard work by many thousands of individuals through the partnership with the government, the business community, our colleagues and the people of this island. I would like to take this opportunity to acknowledge their achievement here in Cyprus. Thank you to all those who have helped turn this dream into a reality.”
