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

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

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

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

Conferences and Incentives Statistics C&I Geographical Breakdown

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

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

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

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

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

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

Conferences and Incentives Statistics Number of participants – By type

Conferences and Incentives Statistics Number of participants – By city

Conferences and Incentives Statistics Month that C & I took place

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

Conferences and Incentives Statistics Month that C & I took place – By type Association Conferences Corporate Conferences Governmental Conferences Incentives %% January 1134 February 6421 March April 7455 May June 5285 July 1114 August 1115 September 3087 October November 7283 December 2043

Conferences and Incentives Statistics Average number of participants in the events

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

Conferences and Incentives Statistics Country of Origin of participants

Conferences and Incentives Statistics * Hotels 4* Hotels 3* Hotels Other Accommodation Type

Conferences and Incentives Statistics C & I Estimated Expenditures