Local
articles | 03 January 2014

Cyprus recovers as a tourist destination according to British Travel Agents

A report by the Association of British Travel Agents (ABTA) heralds the recovery of Cyprus as a tourist destination, following the disruption caused by last spring’s decisions of the Eurogroup regarding the island’s economy.

The ‘Travel Trends Report 2014’ makes a brief reference to Cyprus, commenting that bookings were hit in the spring by concerns over the country’s economic situations. “However, the country has now recovered,” adds the report. Cyprus is included in the list of the most popular overseas holiday destinations in 2013 for Brits, along with Spain, Greece, USA, France, Italy, Turkey and Tunisia.

ABTA also concludes that while consumer confidence is slowly increasing, many consumers are still feeling cautious about their finances. This means that it is likely that 'tried and tested' destinations will continue to do well, a trend that is expected to benefit Cyprus as well. The 2014 ABTA Destinations to Watch are Brazil, The Caribbean (Antigua), Costa Rica, Greece, Malaysia, Mauritius, Mexico, Oman, Portugal, Slovenia, Sicily and USA (Texas, New Mexico, Alaska). More generally, ABTA expects the resurgence in popularity over the last few years of package holiday bookings to continue into 2014.

Source: Financial Mirror

Cooperation Partners
  • Logo for Cyprus Shipping Chamber
  • Logo for Association of Cyprus Banks
  • Logo for Cyprus Chamber of Commerce and Industry
  • Logo for Cyprus In Your Heart
  • Logo for Invest Cyprus
  • Logo for Ministry of Energy, Commerce, Industry and Tourism
  • Logo for CFA Cyprus
  • Logo for Cyprus Investment Funds Association
  • Logo for Cyprus International Businesses Association