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Flow of Cypriot tourists to Egypt won`t come down
Monday, May 16, 2005
Visiting Cypriot Minister of Commerce, Industry and Tourism Yiorgos Lillikas said that the recent terrorist attack which occurred on Abdel Moneim Riyad Square downtown Cairo this month won`t affect flow of Cypriot tourists to Egypt.

At a press conference in Cairo, Lillikas said he took a stroll in the Egyptian streets and toured Khan Al Khalil area freely as he knows that Egypt is the homeland of stability and security. The Cypriot minister termed his talks with Egyptian officials as positive. Lillikas`s visit to Egypt came at an invitation from Egyptian Tourism Minister Ahmed Al Maghrabi.
Vicky Karantzavelou - Monday, May 16, 2005
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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