Positive indicators mirror outbound travel growth forecasts around the celebration of the Chinese New Year, one of the key periods when Chinese take holidays. According to the latest results of the Long-Haul Travel Sentiment Survey and Index Chinese willingness to travel overseas remains positive in the first months of 2018.
Russian Travelers Fuel Increase of Cyprus Tourism Revenues
An increase in tourist arrivals from Russia has powered an increase in Cyprus’ tourism revenue. After a constant increase throughout 2012, revenues are expected to reach 2 billion euros by the end of the year, closing at a 10% increase from last year’s figures, according to the Cyprus Tourism Organistion (CTO).