Cyprus Mail

Revenue from tourism up in January 2020

Tourism will be back to pre-coronavirus levels by 2020 according to Tui's CEO Fritz Joussen

Revenue from tourism amounted to €40.2 million in January 2020, an increase of 1.5 per cent over the same month in 2019, data published by the Cyprus Statistical Service showed on Tuesday.

According to Cystat’s passenger survey, the expenditure per person for January 2020 reached €469.98 compared to €483.26 in January 2019, marking reduction of 2.7 per cent.

The expenditure per person/per day for January 2020 compared to January 2019 rose by 3.0 per cent to €55.95 from €54.30.

Furthermore, the average length of stay also declined by 5.6 per cent year on year to 8.4 days compared with 8.9 days in January 2019.


Related posts

Switzerland first to put coronavirus contact-tracing apps to use

Andrew Rosenbaum

As cabinet ratifies EastMed, global producers are struggling

Andrew Rosenbaum

Cyprus’ general government balance in Jan–Apr turns negative due to Covid-19

Source: Cyprus News Agency

Recovery plan heralds more integrated EU, say analysts

Andrew Rosenbaum

Cyprus restart plan well-received by economists

Andrew Rosenbaum

Central Bank: all previous projections ‘upside down’, expect ‘serious recession’

Source: Cyprus News Agency