FRIDAY, 30 OCT 2020



Facebook Linked In Twitter
GAP Vassilopoulos

Rapid Tests Could Be 'Game-Changer' In EU's Coronavirus Response, Says Michel

Anastasiades: EC Will Examine Substantive Measures Against Turkey If There Is No Compliance



Tourist Arrivals Increase by 4% in February

Tourist Arrivals Increase by 4% in February

On the basis of the results of the Passengers Survey, arrivals of tourists reached 105,571 in February 2019 compared to 101,481 in February 2018, recording an increase of 4.0%. February 2019 had the highest volume of tourist arrivals ever recorded in Cyprus during the specific month.

For the period of January – February 2019 arrivals of tourists totaled 187,541 compared to 177,348 in the corresponding period of 2018, recording an increase of 5.7% and outnumbering the total arrivals ever recorded in Cyprus during the first two months of the year.

Tourist arrivals from the United Kingdom increased by 3.9% in February 2019 compared to February 2018 while tourist arrivals from Greece remained at the same level as last year. Contrary to that, a decrease of 22.7% in tourist arrivals from Russia, 13.4% decrease from Israel and 10.5% decrease from Germany were recorded.

The United Kingdom constitutes the main source of tourism for Cyprus for February 2019, with a proportion of 35.1% while arrivals from Greece comprise 11.4% of total arrivals, from Russia 8.8% and from Israel 7.5%.

For a percentage of 59.0% of tourists, the purpose of their trip in February 2019 was holidays, for 22.0% visit to friends and relatives and for 18.6% business.


Thematic Routes To Spread Tourism To Mountain And Rural Areas

Tourist arrivals to Cyprus recorded a consistent increase in the past few ...

Louis Infinity Blu Receives “Best Hotel Worldwide” Award

Louis Infinity Blu owners and operators received on Wednesday, September 30, the ...

Cyprus Deputy Tourism Ministry To Subsidise Projects For Upgrading Beaches

Cyprus Deputy Tourism Ministry promotes a subsidy scheme to encourage projects for ...



SAVE THE DATE: The Limassol Business Summit

Entrepreneurs, CEOs and Senior Managers of businesses across the entire spectrum of economic activity will discuss the business future of Limassol at the ...

How Work Has Been Transformed In 2020 And What Lies Ahead

More at the 19th Leadership & Human Resource Management Conference IMH and PwC Cyprus will hold the 19th Leadership & Human Resource Management ...

Lending And Real Estate: An Ingenious Combination

Consulco has recently launched its CySEC-regulated LC London Credit Fund, investing into the UK bridging finance market through its subsidiaries. The aim of ...

Deposits Reach Six-Month High In September, Boosted By Debt Payment Holiday

Deposits in the Cyprus banking system amounted to €48 billion in September, reaching the highest point in the last six months, mainly due to the increase ...

The 11th Limassol Economic Forum Promises An Excellent Roster Of Speakers

One of the year’s most keenly anticipated events, the 11th Limassol Economic Forum, organised by IMH and IN Business magazine, will be live streamed on ...

The Cyprus Holiday Houses Market

Cyprus second home real estate has been grappling with subdued demand and low consumer sentiment for more than 8 months now, because of the pandemic. ...

Rapid Tests Could Be 'Game-Changer' In EU's Coronavirus Response, Says Michel

Speaking to Euronews, Charles Michel said that a major part of the fight against the pandemic will be rapid testing. He said EU leaders must agree as fast as ...

Ford Sees Full-year Pretax Profit, Posts Stronger Than Expected Quarterly Earnings

Ford CEO Jim Farley, who took over on Oct. 1, is tasked with completing the No. 2 U.S. automaker’s $11 billion restructuring begun under his predecessor, ...