The acquisition of Hilton hotel by Marfin Popular Bank has increased the interest for the island’s hotel industry, PASYXE Chairman, Haris Loizides stated on Wednesday. Speaking to StockWatch, Mr....
Tourist arrivals from Bulgaria and Romania, the two countries that joined the European Union on 1/1/2007, have recorded an impressive increase. According to CYSTAT data released on Friday, Romanian...
The perception that Cyprus is an expensive destination is wrong, Cyprus Tourism Organization supported on Thursday. Speaking to StockWatch, CTO Chairman, Panos Egglezos said that such rumours are...
The social and economic impacts from the opening of a casino in Cyprus were the major issue of talks at the House of Representatives on Wednesday, after the submission of the independent experts’...
Greece continues to be the most popular destination for Cypriot travelers in 2006. According to CYSTAT data released recently, Cypriots’ trips to Greece in November 2006 recorded an increase of 19.6...
According to CYSTAT data released on Tuesday, tourism arrivals in November 2006 fell 8.7% (-9.1 thousand) to 95,682 against 104,822 in the corresponding month of 2005. This drop is linked to the...
Few days before Christmas and New Year’s Eve, the situation in the hotel industry is dramatic. Speaking to StockWatch, PASYXE Chairman, Haris Loizides said that this is the worst winter for hotels...
According to CYSTAT data released on Thursday, tourist revenues in October 2006 recorded an increase of 2% to £122.9 million against £120.5 million in the corresponding month of 2005. In October...
The efforts of the Cyprus Tourism Organization to reach an agreement with foreign air companies so as to include Cyprus in their flights seem to be fruitful. Speaking to StockWatch, CTO Chairman,...
According to CYSTAT data released recently, Cypriots’ trips to Greece in October 2006 recorded an increase of 13.1% or 3.6 thousand to 31.1 thousand against 27.5 thousand last year. Similarly, trips...