POST Online Media Lite Edition



 

Greek Cyprus tourism heads for record with 40-percent hike

Staff writer |
Bailed-out Greek Cyprus recorded a 40-percent hike in tourist arrivals in March, setting the stage for a record year for the holiday island and indicating an economic revival.

Article continues below






Tourist arrivals already hit a 14-year high in 2015 reaching 2.65 million, on the back of a cheaper euro.

“The large increase recorded in March... shows at an early stage that this year, if something unexpected does not occur, will be the year with the highest number of arrivals in the history of [Greek] Cyprus tourism,” state-run Cyprus Tourism Organisation said.

“Already the first quarter recorded a strong increase of 32.4 percent compared to the first quarter of 2015 with nearly all markets showing growth.”

Despite the euro faring better this year, experts say Cyprus is attracting more tourists because it is seen as a safe destination in a turbulent region dogged by terror attacks such as in Egypt, Turkey and Tunisia.

The number of tourists arriving on the eastern Mediterranean holiday spot in March reached 137,013 compared to 97,479 in the same month last year, an increase of 40.6 percent, the statistical service said.


What to read next

Israel 2nd largest exporter to Cyprus
VAT revenues in Greece exceed target by 9.91% in August
Santorini island has reached its tourism limit, mayor says