articles | 12 July 2019

Tourism revenue up in April 2019

Revenue from tourism in April 2019 presented an increase of 3% year-on-year after having recorded a drop in the two previous months.

According to the Passengers Service, published by the Statistical Service, revenue from tourism in April 2019 reached €186.6 million compared with €181.4 million in April 2018.

For the period of January-April 2019 revenue from tourism is estimated to be €375.2m compared with €382.5m for the same period in 2018, a drop of 1.9%. It should be noted that last year was a record high in both tourist arrivals and revenue from tourism.

According to the official data per capita expenditure of tourist in April 2019 reached €566 compared with €577 in the corresponding month of the previous year, a drop of 1.9%.

Per capita daily expenditure in April 2019 also fell 0.6% compared with April 2018, down from €71.28 to €70.83. The average duration of stay also fell by 1.2%, from 8.1 days in April 2018 to 8.0 days in April this year.

Per capita expenditure of tourists for the period January-April 2019 reached €546.32 compared with €559.54 at the same period of the previous year, a fall of 2.4%.

Daily expenditure per capita for the period of January-April 2019 (€66.62) remained at similar levels when compared to the same four months of 2018 (€66.61).

Source: Cyprus Mail

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