Cyprus Mail
Business

Slight rise in tourism revenue in August

Revenue from tourism in August rose 0.8 per cent in comparison to last year, from €428.2m to €431.6m, the statistics service said.

From January to August 2019 revenue from tourism was estimated at €1.85bn compared to €1.89bn for the same period in 2018.

Based on the results of a department survey the per capita spend by tourists for August 2019 was €779.31. This marked a 2.7 per cent decrease compared to August 2018 of €800.

Per capita tourist expenditure for the period January-August 2019 reduced 2.3 per cent compared to the previous year. It fell from €694.85 in 2018 to €678 in 2019.

However, daily spending increased by 1.3 per cent from €77.73 in August 2018 to €78.72 in August 2019.

The average length of holiday dropped from 10.3 days in August 2018 to 9.9 days in 2019, a decrease of 3.9 per cent.


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