Gold Magazine January - February 2014, Issue 34 | Page 55

tourism Gold: Tourism to Greece was severely affected by the social unrest that accompanied the bailouts and austerity measures. Fortunately, Cyprus did not experience such a reaction to the Troika’s decisions. Have you noticed any effect on tourism numbers to the island in 2013 and in those predicted for 2014? Peter Long: In 2013, passenger numbers to Cyprus slightly decreased compared to 2012. We believe that this was largely due to the financial crisis earlier this year. However, Cyprus remains one of our key destinations – we had over 400,000 customers holiday on the Island in 2013 and expect that to increase next year. Gold: Opinion in Cyprus has always been divided between those who believe that the island should be aiming to attract high-end visitors and those who want to increase visitor numbers at any price. What’s your view? P.L.: All tourism is good tourism. The point is to be able to offer all customer types what they want and Cyprus has the ability to do that. With its sandy beaches, clear seas and great people, we believe that Cyprus has a lot to offer any traveller. If you're a couple in search of culture and fine cuisine, or a family looking for relaxation and safe beaches there is plenty to keep the little ones happy. There is something for everyone. It is our strong belief to continue to offer a wide-range of holidays for every need throughout our portfolio of brands. Gold: The UK was once the key source of visitors to Cyprus but numbers have been falling for many years. What does TUI see as the reasons for this? P.L.: The travel industry is becoming In Cyprus there is something for everyone more and more competitive. Countries worldwide are recognising the importance of travel and tourism to their economies. We bring visitors to Cyprus from not only the UK, but Ireland, Sweden, Norway, Denmark, Finland, Germany, Netherlands, Belgium, Austria, Switzerland, Poland and France as well. As long as the value proposition is good, in terms of price vs quality, then people will always want to go to Cyprus. We believe that, in general, that is the case on the island. However, prices do tend to be higher so the industry needs to be mindful that it doesn’t price itself out of the market. Gold: Given the intensely competitive tourism sector, what would be your advice to Cyprus and those responsible for the industry if it is to survive and ultimately thrive? P.L.: Tourism plays, and will continue to play, a vital role in the economic recovery of Cyprus. Because of this, the Government of Cyprus should invest in the country’s main gateway infrastructure, such as airports and ports, as well as improving road networks. This will ensure that tourism remains a key economic driver. For us to take advantage of the opportunities, we will need the full support and assistance of various stakeholders such as the authorities for tourism, our partners and, of course, the Government. This will enable us to continue developing and investing in our offering in Cyprus as we work with the Government for mutual benefit. We would also like to highlight that we have great support from the CTO and this will help to facilitate further growth. We would ask that airports show the support to committed long-term partners like our airlines by creating a level playing field, ensuring that all airlines are treated the same way and have the same rates. Hoteliers should continue to work with us continue to invest in hotels and improving the customer experience through innovation and differentiation. They also need to be mindful of the competition to ensure that they continue to provide value. TUI Travel already offers a wide range of differentiated product in Cyprus across its major source markets. Further growth will come from new differentiated product. As long as the value proposition is good, people will always want to go to Cyprus Gold: In all the markets you service, which destination would you point to as a model for those that are trying to provide what today’s travellers want? P.L.: I would say Rhodes and Kos. They both have an extensive range of hard differentiated products allowing us to appeal to all customer segments across all source markets. Peter Long Peter Long joined the Board of TUI Travel PLC on 28 June 2007 as Chief Executive. In November 1996 he was appointed Group Managing Director of First Choice Holidays PLC and became Chief Executive in September 1999. Prior to joining First Choice, he was Chief Executive of Sunworld Holidays. From February 2001 to June 2005, he was a non-executive director of RAC plc, and from April 2006 to July 2009 he was a nonexecutive director of Debenhams plc. He was appointed as a non-executive director of Rentokil Initial Plc in 2005 and is currently the Senior Independent Non-Executive Director. In October 2013, Peter Long was appointed President of the Family Holiday Association, a UK-based charity which provides short breaks away from home for more than 2,000 disadvantaged families. the international investment, finance & professional services magazine of cyprus Gold 55