Tourism is considered one of the driving sectors of the Turkish Cypriot economy. The country received over 1.1 million tourists in 2012, when hotels and restaurants generated an income of $328 million and constituted 8.5% of the GDP. Accommodation and catering created more than 10,000 jobs in the same year. The tourism sector has seen great development in the 2000s and 2010s, with the number of tourists more than doubling, increased investment and hotel construction; official estimates of income derived from tourism were around 700 million US dollars in 2013 and the total bed capacity was estimated to be around 20,000.