Revenue from Tourism Reaches 110M in March 2018

07 June 2018

Revenue from Tourism Reaches 110M in March 2018

On the basis of the results of the Passenger Survey, revenue from tourism reached €110.0 mn in March 2018 compared to €86.1 mn in the corresponding month of the previous year, recording an increase of 27.8%.

For the period of January – March 2018 revenue from tourism is estimated at €201.1 mn compared to €168.1 mn in the corresponding period of 2017, recording an increase of 19.6%.

The expenditure per person for March 2018 reached €572.48 compared to €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 €544.36 compared to €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 €66.88 to €62.57). 

 

Source:  Gold News Cyprus

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