From January to March, total revenue rose 14% to €168.1m compared with the respective period last year, Cystat said in a statement on its website on Tuesday.
The increase in revenue from tourism in the third month of the year was mainly on an annual 3.6% rise in spending per person to €611.41, which more than offset a shortening of the average length of stay by 0.4 days to 8.8 days, Cystat said.
Tourists from the UK, traditionally Cyprus’ largest source of incoming tourism, stayed in March on average 9.8 days, which is half a day less compared to March last year, but increased their spending 15% to €744.16 during their stay per person, Cystat said. Those from Russia, Cyprus’ second-largest source of tourism, spent on the island 8.9 days, 0.6 days more relative to March 2016, and spent on average €617.51, or 8.6% more.
Tourist arrivals in March and in the first quarter rose 2.8% and 14% compared with the respective period of 2016. Tourism accounts directly or indirectly for a quarter of Cyprus’ economy.
Source: Cyprus Mail