This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Malta Was This Summer's Big Revelation

LONDON, October 8, 2012 /PRNewswire/ --

-As many holidaymakers fled the summer rain, the southern-European island of Malta welcomed record numbers of tourists this year-

Malta was the major surprise among European destinations in summer 2012, according to leading online travel agency Holiday Hypermarket.

Despite the economic crisis affecting a large number of economies in the Eurozone, tourism to the sun-kissed Mediterranean island of Malta increased noticeably in the month of July, with data from Malta's National Statistics Office showing a 7.2 per cent increase in arrivals over the previous year. EU visitors (five per cent increase) and non-EU visitors, who grew by an impressive 19 per cent, contributed to the country's outstanding tourism in 2012.

Holidays to Malta are particularly popular among British holidaymakers, who now represent the main group of tourists by nationality and 26 per cent of total visitors.

While England and Wales recorded the wettest summer of the last 100 years, Malta made for an affordable getaway with average expenditure of approximately £70 per night. This heightened the usual appeal of a welcoming Mediterranean destination which has historically been linked to Britain and where English is still an official language.

Calum Macdonald, e-Commerce Manager at Holiday Hypermarket, comments: "The case of Malta demonstrates how, even in difficult economic periods, a welcoming atmosphere and range of affordable accommodation are very strong attractions.

"British tourists over the summer have generally been resorting to destinations where low prices go hand-in-hand with natural beauty and hot temperatures; Malta is that kind of place, a home away from home for all beach lovers."

About Holiday Hypermarket:

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs