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Analyzing Tourist Trends In Cyprus: Q1 Growth And March Slight Dip

In the first quarter of 2025, Cyprus saw a notable uptick in tourist arrivals, increasing by 7.5% compared to the previous year. March, however, brought a slight reduction of 0.8% in visitors, as per CyStat data. Despite this small decline, local tourism still shows resilience in a global travel resurgence.

A Closer Look At March Arrivals

March 2025 witnessed 200,736 tourist arrivals, slightly down from 202,256 in March 2024. This decrease aligns with seasonal shifts and evolving travel patterns. The United Kingdom led as the top source of tourists at 30.7%, followed by Israel, Poland, Germany, and Greece.

Purpose Of Visit: A Changing Narrative

Most visitors (69.4%) arrived in Cyprus for holiday pleasures, with others visiting friends (15.7%) or conducting business (14.7%). Compared to last year’s data, travel for leisure saw a slight decline, from 76.0% in March 2024.

Cypriot Residents Traveling Abroad

The locals too are increasingly traveling abroad; March saw a 13.9% rise in such trips compared to last year. Popular destinations include Greece, the UK, and Italy.

Sklavenitis Cyprus Sets A New Standard For Employee-Centric Benefits

Investing In Human Capital

In a bold move that underscores the growing importance of human capital in today’s business landscape, Sklavenitis Cyprus has taken innovative steps to ensure its workforce is both valued and supported. The supermarket chain has introduced a policy to pay a 14th salary to all employees—including those from Papantoniou Supermarkets—cementing its status as the sole retailer in Cyprus to implement such a comprehensive benefit.

A Significant Investment In People

This initiative is far from symbolic. With an estimated total cost of €2 million, it represents a committed investment in the company’s most valuable asset—its people. By providing an additional salary, Sklavenitis reinforces a culture of inclusivity and fairness, acknowledging every employee’s contribution to its success.

Robust Benefits For Long-Term Stability

Complementary to the 14th salary, the company has launched a robust benefits program designed to address both financial and personal security. An Automatic Cost of Living Adjustment (ATA) of 12.56 per cent ensures that wages remain aligned with inflation, safeguarding real income stability for its team members.

Comprehensive Health And Life Support

Sklavenitis further enhances employee welfare through access to a Group Life and Health Insurance Plan and a Provident Fund co-funded by the employer. These measures not only provide immediate protection but also empower employees to plan confidently for the future.

Exclusive Perks And Incentives

The company extends its commitment beyond conventional benefits by offering store discounts, a birth allowance, and holiday gift vouchers valued at €100 during both Easter and Christmas. These additional perks enhance employee satisfaction and underline Sklavenitis’ people-first ethos.

A Strategy For Mutual Success

In an industry where employee engagement directly impacts customer satisfaction, Sklavenitis’ comprehensive approach stands out as both a progressive and strategic business decision. By investing in its workforce, the company not only nurtures a supportive workplace but also drives superior corporate performance, setting a new benchmark for responsible employment practices in Cyprus.

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