Revenue from tourism up 27.8% in March 2018

Revenue from tourism recorded an increase of 27.8% y-o-y in March 2018, according to data released on Tuesday by the Statistical Service of Cyprus.

On the basis of the results of the Passenger Survey, revenue from tourism reached Euros 110 mn in March 2018 compared to Euros 86 mn in the corresponding month of the previous year.

For the period of January � March 2018 revenue from tourism is estimated at Euros 201 mn compared to Euros 168 mn in the corresponding period of 2017, recording an increase of 19.6%.

The expenditure per person for March 2018 reached Euros 572.48 compared to Euros 611.41 in the corresponding month of the previous year, recording a decrease of 6.4%. The expenditure per person/per day for March 2018 compared to March 2017 also recorded a decrease of 0.7%. A decrease of 5.7% was recorded in the average length of stay, from 8.8 days in March 2017 to 8.3 days in March 2018.

The expenditure per person for the period of January � March 2018 reached Euros 544.36 compared to Euros 588.50 in the corresponding period of the previous year, recording a decrease of 7.5%. The expenditure per person/per day for the period of January � March 2018 compared to the period of January � March 2017 also recorded a decrease of 6.4% (from Euros 66.88 to Euros 62.57).

Source: Cyprus News Agency