Many changes took place across the face of earth, since the globalization began to propel the world by the late 1980s. The emerging new world order had many fast growing economies and several new regional powers to be content with. New players in the world tourism were on rise too. While Greece had always been a preferred choice for holiday making, suddenly new players began to fill up this spot as well. Egypt and Turkey in particular had their tourism infrastructure upgraded and were now drawing away a substantial amount of the Greek bound tourism inflow. A majority of these drop outs hailed from the UK and Germany, two of Greece’s most influential neighbors. The two aforementioned countries were dragging them away by offering leisure and fun at slashed rates. A less occupancy rate in the rooms across Crete hotels told about this unfolding saga.
However, the same trend also saw new markets emerging from the erstwhile communist states like Russia, Lithuania and Slovenia. The fall of Soviet era and the emergence of a new middle class after the initial lull had seen them sending travelers across the world. The Cypriots were also not behind and were more than willing...