Economy category powered by

Our goal for tourist arrivals this year has been achieved, Deputy Minister says

Deputy Minister of Tourism Kostas Koumis has said the goal as regards tourist arrivals for this year was to remain close to the figures of last year, noting that based on the statistical data so far, we are achieving this goal.

In statements after the meeting of the Council of Ministers on 17 July, Koumis said that based on the arrivals data from CySTAT published that day, there had been an increase of 5.5% for June and 2.4% for the first half of the year. 

"It is important to underline that these figures are an increase of last year's rise which was 20.1%," he went on to say.

He added that in recent months, solutions have been given in relation to the labour issues in the tourism industry, a programme has been announced by the Ministry of Energy to reduce the energy costs of the hotel industry and the Deputy Ministry has announced a series of plans to improve the tourism product with incentive plans for both the hotel industry and local authorities.

Koumis also said that the government wants to fully utilise the EU Recovery and Resilience Fund.

Asked whether the Deputy Ministry's forecasts for arrivals are being revised upwards, he said that they were aware that they had to face challenges that come mainly from the geopolitical instability in the region.

Furthermore, he said that the purchasing power of thousands of households in the UK, Germany, Belgium and other countries has been reduced noting that this is affecting tourism and the side effects are evident. 

Koumis said that the average length of stay has decreased and the trend continues to fall month by month.

"Our target was very specific, it was to stay close to last year's performance, and based on the figures that have just been released, we are achieving that goal," he concluded.

(Source: CNA)

Read More

Labour Minister refers to Cypriot positive labour market trajectory at EU Council
F.O.C. Family Office Connect Cyprus officially launches in Limassol (pics)
Cyprus-based expert Sunil Kapoor shares his view of historic Modi visit with leading India news channel
What is tokenization and why Mastercard is phasing out manual card entry
Evgeniou: Indian businesses have received the message that Cyprus is a base for activity in the European market
Plenum votes in one-year extension for the licensing of guesthouses
European Commission welcomes political agreement increasing efficiency of EU capital markets
President Christodoulides visiting Lithuania and Estonia for meetings with counterparts
CBC satisfied with Moneyval assessment of Cyprus' progress on recommendations
Cyprus sees increased passenger flow at airports, Ministry pledges for highest level of safety