Hoping for a increase in visitor numbers, the arrival of low price flights to Malta is eagerly anticipated by hoteliers and holiday companies on the Mediterranean island.
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With visitor numbers static in recent years and facing new competiton from former Eastern Bloc countries providing inexpensive holidays, the recent announcement by the Maltese government that negotiations were at an advanced stage with two low cost airlines has sparked hopes that the island will see a rise in visitor numbers, a great deal for the relief of some inside the tourist sector worried in regards to the future of Malta as a holiday destination.
Even ahead of the new carriers towards the island land the current airlines have already been providing return flights at prices seemingly considerably lower than previously to try and hold on to their share from the market place.
Based on on-line travel guide YourMalta.com the airline negotiations happen to be tempered using the need for the islands government to see that the national carrier, Air Malta, isnt damaged as it is a single of Maltas significant employers.
Traditionally the UK has been Maltas greatest industry for incoming tourists, frequently creating up more than half on the islands guests in any offered year, but some on the island see even this market place as below threat. And property buyers from the UK have accounted for seventy per cent of Malta property sales to overseas buyers in recent years, settling in Valletta, Sliema, St Pauls, Mellieha, St Julians and Qawra.
A very good portion of UK guests and property buyers for Malta in current years happen to be ex-forces who served for the British throughout WW2 when Malta held out against Hitlers Luftwaffe, and then in peacetime by way of to 1964 when Malta became independent, who returned for holidays.
But with the inevitability of this industry declining a new breed of Maltas holiday and hotel entrepreneurs see Maltas future as less dependent on the UK tourist, and being a lot more cosmopolitan in her outlook.
Declining Market and New Opportunities
Tribune Properties, a UK business specialising in Malta properties, say they have noticed extra buyers making enquiries from other nations more than the last year. In certain they say they have been receiving enquiries from France, Italy and Germany.
The UK remains the foundation for overseas property buyers considering acquiring property in Malta, but the overall percentage is lowering as additional and extra people today in mainland Europe have visited Malta, and liked it so significantly they want to either move to the island full time or get a holiday house.
The arrival of low cost flights to Malta though could reignite British interest as 3 and four day breaks a few times a year becomes financially viable. If the airlines fly to destinations in Europe too the number of buyers for Malta property could rise inside the immediate and medium term explains Tribunes Managing Director, Roger Munns.
For Maltas tourist business 3 and 4 day visitors in elevated numbers is going to be a welcome enhance. There is certainly discussion on the island about extending clubs opening hours beyond the current 4am.
Clubbers within the UK are utilised to 6am closing, and could be deterred from producing a weekend trip using a 3 hour flight only to discover shorter hours obtainable for partying.
There are new opportunities for Malta, and its for the island to make a decision whether or not to embrace them and obtain a new generation of guests or ignore them and lose an asset for the economy agree YourMalta.com
Malta features a lot to provide the visitor apart from becoming a Mediterranean holiday island. Malta has a rich culture and history, and can quickly appeal to all generations from toddlers to pensioners. Far more Italians and other nationalities are discovering Malta as a destination. Malta will develop into extra cosmopolitan. And whilst a number of the older more conservative residents are likely to be against a younger and a lot more diverse mix of visitors from what they have been utilised to and see modify as some thing to become afraid of, we think the island will embrace the much more cosmopolitan really feel, when retaining the capabilities that make Malta a exclusive visit among her Mediterranean island competitors.