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2012 APS Bank, FELTOM ELT Industry Survey Report by Deloitte

In a seminar held at the Radisson BLU, St Julian’s, the Federation of English Language Teaching Organisations (Malta) today presented the findings of a survey, carried out by Deloitte, on the industry’s performance during 2012. The survey shows that 2012 was a positive year for the industry, with the number of students travelling to Malta to learn English increasing from 69,297 in 2011 to 81,911 in 2012 and the number of student weeks increasing from 182,347 in 2011 to 226,360 in 2012. The estimated total expenditure by English language students in 2012 increased by close to €30 million to reach €135 million, representing more than 10% of total tourist expenditure in Malta.

Mr Julian Cassar Torregiani, Chairman of FELTOM said that these figures amplify the potential this industry has for our country. With ELT being undoubtedly one of Malta’s unique selling points, gives us an edge and benefits that go beyond those normally associated with tourism.

Mr Raphael Aloisio, from Deloitte, said that ‘The ELT segment was clearly one of the strongest performers in the local tourism sector in 2012 and now accounts for more than 12.6% of total tourist guest-nights. Improved connectivity was clearly a contributory factor which enabled schools to grow new non-traditional markets and achieve the impressive results. I believe that increased connectivity in non-peak season from these niche markets could help increase the number of ELT students coming to Malta in the low and shoulder season beyond the current 60% level’.

During the seminar, FELTOM presented the FELTOM Award to the Hon Mario de Marco in recognition of his efforts to promote the interests of the EFL industry in Malta. Dr de Marco thanked FELTOM for the award and assured those present of his continued and unwavering support for the tourism industry which he described as a cornerstone of Malta’s economy. He attributed the success achieved in tourism to the continued and deep collaboration between all industry stakeholders.

 

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Deloitte Malta refers to a civil partnership, constituted between limited liability companies, and its affiliated operating entities; Deloitte Services Limited and Deloitte Audit Limited. The latter is authorised to provide audit services in Malta in terms of the Accountancy Profession Act.

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Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.

This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte Network”) is, by means of this communication, rendering professional advice or services. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this communication.

© 2013 Deloitte Malta

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Contacts

Name:
Raphael Aloisio
Company:
Deloitte
Job Title:
Leader Financial Advisory
Phone:
+356 23432000
Email
raloisio@deloitte.com.mt