Tourism ‘to pick up’
Despite initial fears that tourist arrivals from Russia would drop by 25-30%, due to the fall of the rouble, early bookings suggest the arrivals will not be that bad, while more holidaymakers are expected from the UK and Germany.
The Director of the Cyprus Hotel Managers, Vasos Kilani, told the Cyprus News Agency that “the situation is far different than what we anticipated earlier this year.”
There is a more positive response from the Russian market over the last two-three weeks with the stabilisation of the market, he said, adding that the fall could be around 15%, but this will only be known at the beginning of May.
It seems that the largest Russian tour operator, “Biblio Globus”, has resumed reservations in Cyprus, while it is already scheduled to operate three flights a week.
Kilani said that flights are expected to increase accordingly with the demand which will continue until the end of October.