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Cyprus pricing itself out of the market

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Postby Tim Drayton » Mon Jan 05, 2009 11:35 am

miltiades wrote:
RichardB wrote:I'm fed up of hearing Cyprus ,Spain, or wherever is pricing itself out of the market. Prices in Cyprus have not risen a great deal over the last few years in comparison with the UK

Its the weak sterling that is pricing Brits out of the market

eg This time last year it was 1.2 pounds sterling =1 euro

5 years ago it was around 1.6 euro per pound sterling

Its now 1 for 1

We (The Brits) had the opportunity to go in at 1.58 approx 5 years ago and turned down the chance cos we didn't want to lose our pound (LOL)

Then again the Brits know best.....

Lat year Jan 4th 08 , the official rate was 1.33 see link
http://www.xe.com/ict/

The small minded little Englander who doesn't want to lose his.... sovereignty !!! hate the Euro because the trashy Sun and Mail tell him so.
They still beleive that we were right in not joining the Euro !!


Thanks for that link, mate. I have been looking for a resource like that.
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Postby WeRthePeople » Sat Feb 28, 2009 10:55 pm

Once again any one on here who points out the FACT that Cyprus, the "best holiday destination in the Med" just won't except that it now operates in a global market.
For a number of years now Bar owners, Airport Operators, Taxi Owners not to mention corrupt developers have been ripping off, Brittish visitors to the Island.
Yes the fall in the pound has been due in the main to greedy bankers here in the UK, but the fact remains in comparison to other Med destinations Cyprus STILL won't meet it's most profitable visitors half way.
The Island is way too expensive, more expensive than most other desitnations WITHIN the Euro zone for Brits.
Live in your own world if you must, but when your tourist income takes a massive hit. Due to lack of UK visitors. Don't start moaning.

Just for the record I love your island, and will be back, but rip of Cyprus will drive many away. FACT.
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Postby Oracle » Sat Feb 28, 2009 11:41 pm

I think the way forward for Cyprus, given its limited size, is to price itself so high that it keeps out the non-spending riff-raff and selects the higher echelons of the tourist market ...

As I said before, if I was President, I would double hotel prices overnight 8)

Cyprus Airways in profit for second year running
By Charles Charalambous

CYPRUS Airways (CY) made a profit for the second successive year in 2008, despite a huge increase in fuel costs and the added financial burden caused by a “tired out” fleet of aircraft, Executive Chairman Kikis Lazarides said yesterday.

Cyprus Mail
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Postby Z4 » Sun Mar 01, 2009 12:24 am

[quote="Oracle"]I think the way forward for Cyprus, given its limited size, is to price itself so high that it keeps out the non-spending riff-raff quote]

Please explain what "riff-raff" is Oracle?
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Postby Oracle » Sun Mar 01, 2009 12:29 am

Z4 wrote:
Oracle wrote:I think the way forward for Cyprus, given its limited size, is to price itself so high that it keeps out the non-spending riff-raff


Please explain what "riff-raff" is Oracle?


The ones who come to Cyprus simply because they think it is cheap!
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Postby Z4 » Sun Mar 01, 2009 12:30 am

Oracle wrote:
Z4 wrote:
Oracle wrote:I think the way forward for Cyprus, given its limited size, is to price itself so high that it keeps out the non-spending riff-raff


Please explain what "riff-raff" is Oracle?


The ones who come to Cyprus simply because they think it is cheap!


?...that's not riff-raff!
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Postby Get Real! » Sun Mar 01, 2009 12:58 am

WeRthePeople wrote:Once again any one on here who points out the FACT that Cyprus, the "best holiday destination in the Med" just won't except that it now operates in a global market.
For a number of years now Bar owners, Airport Operators, Taxi Owners not to mention corrupt developers have been ripping off, Brittish visitors to the Island.
Yes the fall in the pound has been due in the main to greedy bankers here in the UK, but the fact remains in comparison to other Med destinations Cyprus STILL won't meet it's most profitable visitors half way.
The Island is way too expensive, more expensive than most other desitnations WITHIN the Euro zone for Brits.
Live in your own world if you must, but when your tourist income takes a massive hit. Due to lack of UK visitors. Don't start moaning.

Just for the record I love your island, and will be back, but rip of Cyprus will drive many away. FACT.

Cyprus' EU membership also means EU prices so don't be surprised if it gets even more expensive soon. You just can't have both worlds...

Cyprus' current annual income from tourism is now just an odd 15% and falling, so in the near future there won't even be a tourist industry like before, so enjoy it while it lasts for the Cypriots have discovered bigger and better things…
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Postby Oracle » Sun Mar 01, 2009 1:07 am

Z4 wrote:
Oracle wrote:
Z4 wrote:
Oracle wrote:I think the way forward for Cyprus, given its limited size, is to price itself so high that it keeps out the non-spending riff-raff


Please explain what "riff-raff" is Oracle?


The ones who come to Cyprus simply because they think it is cheap!


?...that's not riff-raff!


I referred to "non-spending riff-raff" ... What other interpretation do you wish to place upon this term?
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Postby Z4 » Sun Mar 01, 2009 1:17 am

Get Real! wrote:
WeRthePeople wrote:Once again any one on here who points out the FACT that Cyprus, the "best holiday destination in the Med" just won't except that it now operates in a global market.
For a number of years now Bar owners, Airport Operators, Taxi Owners not to mention corrupt developers have been ripping off, Brittish visitors to the Island.
Yes the fall in the pound has been due in the main to greedy bankers here in the UK, but the fact remains in comparison to other Med destinations Cyprus STILL won't meet it's most profitable visitors half way.
The Island is way too expensive, more expensive than most other desitnations WITHIN the Euro zone for Brits.
Live in your own world if you must, but when your tourist income takes a massive hit. Due to lack of UK visitors. Don't start moaning.

Just for the record I love your island, and will be back, but rip of Cyprus will drive many away. FACT.

Cyprus' EU membership also means EU prices so don't be surprised if it gets even more expensive soon. You just can't have both worlds...

Cyprus' current annual income from tourism is now just an odd 15% and falling, so in the near future there won't even be a tourist industry like before, so enjoy it while it lasts for the Cypriots have discovered bigger and better things…


Proof GR?

Cyprus is a tourist destination, and always will be. The tourism income is falling and the island will need to recover that from somewhere.
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Postby Z4 » Sun Mar 01, 2009 1:20 am

Oracle wrote:
Z4 wrote:
Oracle wrote:
Z4 wrote:
Oracle wrote:I think the way forward for Cyprus, given its limited size, is to price itself so high that it keeps out the non-spending riff-raff


Please explain what "riff-raff" is Oracle?


The ones who come to Cyprus simply because they think it is cheap!


?...that's not riff-raff!


I referred to "non-spending riff-raff" ... What other interpretation do you wish to place upon this term?


I spend money when I am over there and the prices ARE expensive and I am not classed as riff raff. Cyprus is becoming more expensive than the UK for every day things, food, drink, petrol etc....
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