PRESENTATION OF MAIN RESULTS CONFERENCES AND INCENTIVES SURVEY

PRESENTATION OF MAIN RESULTS CONFERENCES AND INCENTIVES SURVEY conducted for the CYPRUS TOURISM ORGANIZATION April 2010 CMR Cypronetwork Marketing Research & Consulting Conferences and Incentives Statistics 2009 1

Methodology Period which the data cover The data were collected between July and December 2009, but cover all months of 2009 (i. e January – December) Data collection method Data were collected via email, fax and over the phone Respondents Organizations such as hotels travel agents, conference organizers, conference venues, governmental and semi governmental organizations, education and financial institutes Conferences and Incentives Statistics 2009 2

Executive Summary è Conferences (of any type) was the leading category (76%) in the Conferences and Incentives Market in Cyprus during 2009 èMore than four out of ten events had International origin (42%), while 37% had European origin èApproximately one out of two Conferences or Incentives took place in Limassol (44%) è Most Conferences and Incentives took place in March (16%), followed by October (14%) and May (12% respectively) è More than six out of ten of the Incentives (63%) took place in Limassol also lead the way for Association conferences (43%), while most of Governmental conferences took place in Nicosia (49%) è The average number of participants in each event in Cyprus is approximately 119. Association conferences have on average 129 participants, Corporate conferences 99 participants, Governmental conferences 159 participants and Incentives 67 participants è The average number of stay for Conferences or Incentives ranges to 4 è Almost one out of five (17%) conferences or incentives cost up to € 10000. More than one out of four (27%) cost € 10001 -€ 25000, almost one out of five (19%) cost € 25001 € 50000, three out of five(57%) cost € 50001 - € 100000 and 13% of conferences or incentives cost more than € 100001. è Greece, Russia and UK have the largest contribution for holding events in Cyprus. Conferences and Incentives Statistics 2009 3

Analysis of respondents/ participants in the project Conferences and Incentives Statistics 2009 4

C&I Geographical Breakdown Conferences and Incentives Statistics 2009 5

Origin of C & I Not Specified EU Origin only Most Gr & Cy origin European origin International Origin Conferences and Incentives Statistics 2009 6

C & I Origin – Analysis by Area Conferences and Incentives Statistics 2009 7

Type of C & I Not specified Association Conferences Incentives Corporate Conferences Governmental Conferences and Incentives Statistics 2009 8

Type of C & I – By number of participants Incentives Association Conferences Corporate Conferences Governmental Conferences and Incentives Statistics 2009 9

Type of C & I – By area Conferences and Incentives Statistics 2009 10

Type of C & I – By origin Conferences and Incentives Statistics 2009 11

Number of participants – By type Conferences and Incentives Statistics 2009 12

Number of participants – By city Conferences and Incentives Statistics 2009 13

Month that C & I took place Conferences and Incentives Statistics 2009 14

Month that C & I took place – By type CONFERENCES INCENTIVES January 3% January 7% February 8% February 2% March 18% March 11% April 10% April 9% May 12% May 11% June 9% July 2% July 7% August 2% August 9% September 6% September 13% October 15% October November 9% 10% November December 6% 3% December 6% Conferences and Incentives Statistics 2009 15

Month that C & I took place – By type Association Conferences Corporate Conferences Governmental Conferences Incentives % % January 1 1 3 4 February 6 4 2 1 March 4 7 13 6 April 7 4 5 5 May 3 10 7 6 June 5 2 8 5 July 1 1 1 4 August 1 1 1 5 September 3 0 8 7 October 7 7 10 5 November 7 2 8 3 December 2 0 4 3 Conferences and Incentives Statistics 2009 16

Average number of participants in the events Conferences and Incentives Statistics 2009 17

Average number of participants’ stay - by type Conferences and Incentives Statistics 2009 18

Country of Origin of participants Conferences and Incentives Statistics 2009 19

Accommodation Type 3* Hotels Other 5* Hotels 4* Hotels Conferences and Incentives Statistics 2009 20

C & I Estimated Expenditures Conferences and Incentives Statistics 2009 21