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In July of this year, the consumer price of package holidays in the EU was 6.6 percent higher than in July 2023. The price of domestic holiday packages was up 11.1 percent, while international holiday packages saw a 5.7 percent increase.
A total of 415 deals (comprising mergers and acquisitions (M&A), private equity, and venture financing deals) were announced in the travel and tourism sector during January to July of this year, which was a year-on-year (YoY) decline of 10.4 percent compared to the 463 deals announced during the same period in 2023, according to GlobalData, a leading data and analytics company.
Cyprus tourists’ arrivals reached 551.229 in July of this year compared to 523.718 in July 2023, recording an increase of 5,3 percent. For the period of January – July 2024, arrivals of tourists totalled 2.203.704 compared to 2.137.408 in the corresponding period of 2023, recording an increase of 3,1 percent.
The Cyprus Deputy Ministry of Culture is organising a conference on ‘Cultural Rights in Times of Crisis – Contemporary Challenges and Perspectives’, in the framework of the 9 Mediterranean EU Member States Summit (MED9).
The unemployed persons, registered at the Cyprus District Labour Offices on the last day of July of this year, reached 11.877 persons. Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for July reached 11.109 persons remaining at the same level in comparison to the previous month.
Hermes Airports has launched a new programme with a view to facilitate relaxation for stressed passengers prior to their flights, as well as, to encourage adoptions from dog shelters.
Based on the results of the Passengers Survey carried out by the Statistical Service, Cyprus’s revenue from tourism reached EUR310,5 million in May of this year, recording a minor decrease of 0,2 percent as compared to the corresponding month of 2023 (EUR 311,0 million).
Wizz Air, hailed as one of the most environmentally sustainable airlines globally on July 29, World Nature Conservation Day, announced the commencement of the second term of its voluntary WIZZ Sustainability Ambassador programme.
During the first quarter of this year, guests spent 123.7 million nights in short-term rental accommodation in the EU, booked via Airbnb, Booking, Expedia Group or TripAdvisor. This corresponds to an increase of 28.3 percent compared with the same period in 2023.
The Department of Antiquities of the Deputy Ministry of Culture announced the completion of the 2024 final excavation season of the Kourion Urban Space Project (KUSP), under the direction of Dr Thomas W. Davis, Associate Director of the Lanier Centre for Archaeology at Lipscomb University, Dr Laura A. Swantek (Assistant Professor of Anthropology, Phoenix College), and Dr Lucas Grimsley (Lanier Centre for Archaeology, Lipscomb University). KUSP partners include the Australian Institute of Archaeology and the University of Cyprus.