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

2. Conferences and Incentives Statistics 2009 2 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 email, fax and over the phone Data were collected via email, 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

3. Conferences and Incentives Statistics 2009 3 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 € 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.  Greece, Russia and UK have the largest contribution for holding events in Cyprus.

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

5. Conferences and Incentives Statistics 2009 5 C&I Geographical Breakdown

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

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

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

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

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

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

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

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

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

15. Conferences and Incentives Statistics 2009 15 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

16. Conferences and Incentives Statistics 2009 16 Month that C & I took place – By type Association Conferences Corporate Conferences Governmental Conferences Incentives %% January 1134 February 6421 March 47136 April 7455 May 31076 June 5285 July 1114 August 1115 September 3087 October 77105 November 7283 December 2043

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

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

19. Conferences and Incentives Statistics 2009 19 Country of Origin of participants

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

21. Conferences and Incentives Statistics 2009 21 C & I Estimated Expenditures