According to CYSTAT data released on Tuesday, tourist arrivals in July 2005 recorded an increase of 11% to 338.972 against 305.978 in the corresponding month of 2004.
This increase is mostly attributable to the increase in the tourist arrivals from Russia, Ireland and the United Kingdom by 36%, 27% and 12% respectively.
Tourist arrivals from Greece, on the other hand, dropped 12% to 15,945 against 18,207 in July 2004.
For January-July, 2005, tourist arrivals showed an increase of 7.1% to 1,357,890 against 1,267,830 in the corresponding period of 2004.
STEK: Tourist recovery but…
STEK General Manager, Fedias Karis said that tourism has recovered.
“According to latest data, there is a recovery in tourism, but full recovery means that tourist revenues must increase”, Mr. Karis told StockWatch.
“The increase in tourist arrivals for 2005 will stand at 5%. However, not all tourists that visit the island stay to licensed hotel units. Many spend their holidays to unlicensed hotels or even stay with their relatives”, he concluded.
This increase is mostly attributable to the increase in the tourist arrivals from Russia, Ireland and the United Kingdom by 36%, 27% and 12% respectively.
Tourist arrivals from Greece, on the other hand, dropped 12% to 15,945 against 18,207 in July 2004.
For January-July, 2005, tourist arrivals showed an increase of 7.1% to 1,357,890 against 1,267,830 in the corresponding period of 2004.
STEK: Tourist recovery but…
STEK General Manager, Fedias Karis said that tourism has recovered.
“According to latest data, there is a recovery in tourism, but full recovery means that tourist revenues must increase”, Mr. Karis told StockWatch.
“The increase in tourist arrivals for 2005 will stand at 5%. However, not all tourists that visit the island stay to licensed hotel units. Many spend their holidays to unlicensed hotels or even stay with their relatives”, he concluded.
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