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The World Travel & Tourism Council (WTTC), the global body that represents the private sector of the travel and tourism industry, commended the Portuguese government for recognising the importance of the sector to the overall economy, and making it a priority which has resulted in the travel and tourism sector growing 8,1 percent in 2018, contributing USD45,5 billion to the nation’s economy.

On the basis of the results of the Cyprus Passengers Survey, arrivals of tourists reached 553,845 in August compared to 534,847 in August 2018, recording an increase of 3,6 percent.

International tourist arrivals grew four percent from January to June (H1) of this year, compared to the same period in 2018, according to the latest UNWTO World Tourism Barometer published ahead of the 23rd World Tourism Organization General Assembly.

Analysts at Lodging Econometrics (LE) report that Europe’s hotel construction pipeline soared to record high counts in the second quarter of this year with 1,704 projects having 260,111 rooms, for a dramatic 23 percent increase in projects and 19 percent increase in rooms year-over-year (YOY).

On the basis of the results of the Cyprus Passenger Survey, revenue from tourism reached EUR350,4 million in June compared to EUR357,7 million in the corresponding month of 2018, recording a decrease of two percent.

On the basis of the results of the Cyprus Passengers Survey, arrivals of tourists reached 550,971 in July compared to 539,626 in July 2018, recording an increase of 2,1 percent.