miltiades wrote:""""From Wikipedia, the free encyclopedia
Tourism occupies a dominant position in the economy of Cyprus.[1]
* In 2006 it was expected to contribute 10.7% of GDP.
* in real terms it generated CYP£2,598.2 mn (US$5,445.0 mn) (annual-2006).
* total employment was estimated at 113,000 jobs (29.7% of total employment = 1 in every 3.4 jobs).
This plonker dismisses tourism that employs , according to official RoC figures 113,000 people , 1 out of every 3.4 of total employed !!! 5 AND A HALF BILLION DOLLARS , mere pittance according to IGAROS !!!
The employment figures mentioned therein, include airline staff, hotel staff, as well as every single souvenir shop in Cyprus. If Brit Tourist numbers suddenly dropped, then it will only translate into a mediocre decline in employment.
Cyprus is much better off developing new industries which will offer Cypriots much more fulfilling careers than working behind bars.
Tourism is a very insignificant contributor to GDP output.
British Tourism is also very poor when compared to Greek, German and Scandinavian tourists, who stay longer and spend more than the average Brit tourist, who is only looking to party at various Ayia Napa rave parties and end up in the gutter.
If Cyprus wants tourists, then they should explore Scandinavian, German and Greek markets more.
The standard of Cypriot tourism is a disgrace. And the Brits are the main culprit.
BTW....Today, tourism industry only accounts for 7% of GDP output and is still declining.