March 21th, 2007

Tourism in North Cyprus is set for a boost this year, both via hotels and holiday homes in Cyprus.

The Turkish minister for tourism added his support to the development of North Cyprus Tourism, revealing that his ministry are prepared to provide incentives for airlines to lower their prices and increase their services in order to attract more tourists, many of whom visit to invest in property abroad.

Cyprus Turkish Airlines have announced that scheduled flights will operate from Munich and Frankfurt airports from June until November and charter flights to Frankfurt will be extended from May. This benefits not just tourists to the island, but also people who already own properties in Cyprus.

Kyrenia and the large Acapulco Hotel Resort also featured in a positive presentation from the German press recently, where people that own properties in Cyprus were said to be lucky to have found such an idyllic area of the med.

Comments that Cyprus Turkish Airlines are in financial trouble and are to be privatized were strongly refuted by its director last week. CTA claim to have government support, but several parties have recently declared interest in the airline, Pegasus Airline, known for its low cost flights being one of them, whoever wins this fight it will surely benefit Cyprus property owners?