Insider Business Tour operators take a piece of Thomas Cook pie

Tour operators take a piece of Thomas Cook pie

Cyprus’ tourism industry is too dependent on giant travel operators overseas, considering that about 60% of the Mediterranean island’s visitors over the recent past years come through them.

UK’s market was shared by three such operators – including the recently-collapsed Thomas Cook group. Specifically, Thomas Cook, Tui and Jet 2 flew over to Cyprus 54% of UK visitors in 2017, according to Phileleftheros information.

That is why the blow to the island’s tourism industry by Thomas Cook’s collapse is huge. Afterall, it used to fly over some 5% of UK visitors annually, that is, 250,000 in numbers.

The state of play is different this year since operators are all trying to get collapsed Thomas Cook’s travellers. That is, tourists who consistently chose Cyprus for their holidays.

Tui is currently seeking to increase its share to 11%. It has already added more flights, and insiders said Tui already reached agreement with two hotels in Paphos that previously cooperated with Thomas Cook.

Jet2holidays records a steady upward trend in Cyprus. Four years ago it carried 30% of passengers with travel packages, while today that figure exceeds 70%.

Easyjet holidays, which has not yet announced its intentions is also eyeing the Cyprus market. This is a new venture of the group, and stakeholders in Cyprus are hoping for a close partnership. In Britain, online platforms (On the beach, Love holidays) seem to be also gaining momentum.

 

Read more:

https://in-cyprus.com/cyprus-tourism-braces-for-fallout-following-collapse-of-thomas-cook/

Top Stories

164 new cases, one death announced on Tuesday

 The Health Ministry announced the death of one person due to COVID-19. This raises the death toll from the virus in Cyprus to 176,...

Where to get antigen rapid tests on Wednesday

The Health Ministry announced the following antigen rapid test sites for Wednesday, 20 January 2021:   LIMASSOL Parking place Sklavenitis supermarket, Germasogia 08:30-16:30 Grigoris Afxentiou Square 08:30-16:30 Parking place...

Italy’s Mount Etna erupts at night time

Long streams of red-hot lava flowed down Mount Etna as Europe's tallest and most active volcano erupted again.   At 10,926 feet, Etna is the continent's...

Cyprus secures another 565,000 doses of Pfizer/BioNTech vaccines

Through additional procedures of the European Commission, Cyprus secured another 565,000 doses of Pfizer/BioNTech vaccines, increasing the number of orders from the specific company...

Everything ready for inoculations among enclaved Greek Cypriots and Maronites

All necessary arrangements have been made to start inoculating against COVID-19 the enclaved population and those who repatriated in the Karpas peninsula and the...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...