Revenue from tourism reached €423.6 mn in August 2017 compared to €392.2 mn in the corresponding month of the previous year, recording an increase of 8%, on the basis of the results of the Passenger Survey, published Friday by the Statistical Service of Cyprus. It is noted that arrivals in August increased by 14.2%.
However, a decrease of 5.4% was recorded in expenditure per person, mainly due to the decrease in tourists` spending from the United Kingdom.
In particular, revenue from tourism in August 2017 amounted to € 423.6 million compared to € 392.2 million in the corresponding month of the previous year, marking an increase of 8%.
However for the period of January – August 2017 revenue from tourism is estimated at €1.845,7 mn compared to €1.625,6 mn in the corresponding period of 2016, recording an increase of 13,5%.
The expenditure per person for August 2017 reached €809.01 compared to €855.14 in the corresponding month of the previous year, recording a decrease of 5,4%. The expenditure per person/per day for August 2017 compared to August 2016 also recorded a decrease of 3.6%.
In August 2017 a decrease of 5.4% was recorded for the expenditure per person for tourists from the United Kingdom (from €885.83 in August 2016 to €837.97 in August 2017), 0.5% decrease from Russia (from €855.26 to €850.76 this year) and 1.7% increase from Israel (from €721.50 to €733.46 this year).
The expenditure per person/per day for tourists from the United Kingdom recorded a decrease of 5.4% (from €76.36 in August 2016 to €72.24 in August 2017), the expenditure per person/per day for tourists from Russia decreased by 5.5% (from €90.03 to €85.08) and for tourists from Israel also decreased by 3.3% (from €122.29 to €118.30).