{"id":2471527,"date":"2019-09-20T15:34:40","date_gmt":"2019-09-20T12:34:40","guid":{"rendered":"https:\/\/buyhome.com\/?p=2471527"},"modified":"2019-09-20T15:34:56","modified_gmt":"2019-09-20T12:34:56","slug":"cyprus-enjoys-summer-high-for-tourist-arrivals","status":"publish","type":"post","link":"https:\/\/buyhome.com\/cyprus-enjoys-summer-high-for-tourist-arrivals\/","title":{"rendered":"Cyprus enjoys summer high for tourist arrivals"},"content":{"rendered":"\n

An influx of British, Russian and Israeli tourists ensured Cyprus achieved its best-ever figures for arrivals in August with a record 553,600 visitors, official data indicated on Tuesday.<\/em><\/strong>
<\/p>\n\n\n\n

The Mediterranean island has beaten all previous August records this year with tourist arrivals reaching 553,626 from 534,847 in 2018, a 3.6 per cent annual increase, the state statistical service said.
<\/p>\n\n\n\n

Another record was also broken for the first eight months of the year (January-August) with the number of tourists coming to Cyprus rising 0.6 per cent on last year to an unprecedented 2.735 million from 2.719 million in 2018.
<\/p>\n\n\n\n

Tourist from the island\u2019s biggest market the UK (186,071) increased by 1 per cent in August on an annual basis, arrivals from second largest market Russia (115,682) were also up 1.8 per cent while visitors from Israel (51,871) spiked 23.6 per cent.
<\/p>\n\n\n\n

This was countered by a 14.2 per cent decline in tourists from Germany (15,794), a 20.3 per cent and a 0.2 per cent drop from Sweden (20,673).
<\/p>\n\n\n\n

Holidaymakers from the UK is by far the island’s largest market with a 33.6 per cent share in August, followed by Russia with 20.9 per cent, nearby Israel is third with 9.4 per cent and Sweden 3.7 per cent.
<\/p>\n\n\n\n

Increases were also seen from other emerging countries, such as Norway up 19.4 per cent and Finland 16 per cent.
<\/p>\n\n\n\n

The holiday island has benefited from its reputation as a regional safe haven as unrest has hit the tourism sectors of its traditional competitors Egypt, Tunisia and Turkey.
<\/p>\n\n\n\n

Cyprus annual tourist arrivals spiked 7.8 per cent in 2018 to a record 3.93 million as revenue touched a historic high of 2.71 billion euros.
<\/p>\n\n\n\n

Cypriot authorities say they would be satisfied to meet last year\u2019s targets due to stiffer competition from cheaper neighbouring destinations like Turkey and the unforeseen impact of a no-deal Brexit
<\/p>\n\n\n\n

The tourism boom helped Cyprus return to growth following a \u20ac10-billion bailout to rescue its crumbling economy and insolvent banks in March 2013.
<\/p>\n\n\n\n

Income from tourism now accounts for about 15% of the country\u2019s gross domestic product and is credited with underpinning a quick recovery with GDP growth at around 3.5 per cent.<\/p>\n\n\n\n

Source: <\/em>http:\/\/www.financialmirror.com\/<\/em><\/a> <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

An influx of British, Russian and Israeli tourists ensured Cyprus achieved its best-ever figures for arrivals in August with a record 553,600 visitors, official data indicated on Tuesday. The Mediterranean island has beaten all previous August records this year with tourist arrivals reaching 553,626 from 534,847 in 2018, a 3.6 per cent annual increase, the… Read more »<\/a><\/p>\n","protected":false},"author":20,"featured_media":2471529,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[],"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\t\n