Revenue from tourism up on an annual basis by 8.5% in January this year

Revenue from tourism was up on an annual basis by 8.5% in January this year, despite a drop in expenditure per person and per day of tourists, data released by the Cyprus Statistical Service, on Tuesday, show.

The results of the Passenger Survey show that revenue from tourism reached Euros 38.4 million in January 2018 compared to Euros 35.4 million in the same month of the previous year, recording an increase of 8.5%.

Expenditure per person in January 2018 reached Euros 506.49 compared to Euros 565.48 in January 2017, recording a decrease of 10.4%.

Expenditure per person/per day for January 2018 compared to January 2017 also fell by 6.4%.

In January 2018 a decrease of 20.1% was recorded in the expenditure per person for tourists from the United Kingdom, down from Euros 727.29 in January 2017 to Euros 581.29 in January 2018.

A drop was also recorded in expenditure per person of tourists from Greece by 7.3%, down from Euros 343.56 to Euros 318.36 and tourists from Russia by 3.9%. down from Euros 606.82 to Euros 583.37 this year.

Expenditure per person/per day for tourists from the United Kingdom recorded a drop of 16.6%, from Euros 60.11 in January 2017 to Euros 50.11 in January 2018.

Expenditure per person/per day by tourists from Greece also fell by 0.9% from Euros 37.34 to Euros 37.02) and by tourists from Russia by 17.1%, from Euros 80.91 to Euros 67.05.

Source: Cyprus News Agency