Support The Moscow Times!

Cyprus Records Drop in Number of Russian Tourists

A Cypriot flag flutters as a man exercises at a dock on the beach of the southern coastal city of Limassol, Cyprus.

The number of tourists visiting Cyprus rose 1.5 percent in 2014, recovering after falling in 2013 but capped by a sharp drop in Russian visitors late in the year, official data showed Monday.

The Mediterranean island relies on Russia for more visitors than from any other country except Britain. But Russians were hit by a steep decline in the ruble and other economic problems late last year and their numbers fell 12.5 percent in December from a year earlier, the data showed, after dropping 25 percent in November.

Local tourism industry experts expect a 15 to 20 percent drop in Russian arrivals this year, potentially affecting Cyprus' ability to pull out of a recession that began in mid-2011.

Tourism accounts for about 11 percent of Cyprus's national output.

Cyprus welcomed 2.44 million visitors last year, the Cypriot department of statistics said. That was up from 2.40 million in 2013 when arrivals fell by 2.4 percent as the euro-zone member faced a banking crisis and was forced to seek an EU/IMF bailout.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more