Revenue from tourism in Cyprus decreased for a fourth consecutive month in October 2014, with the decline in the January-October 2014 period estimated at 3.6% by the Statistical Service of the Republic of Cyprus, compared to the same 10-month period in 2013.
On the basis of the results of the Passenger Survey, announced on Monday, revenue from tourism reached €217.1 mln in October 2014, compared to €246.6 mln in the corresponding month of the previous year, recording a decrease of 12%.
In September 2014, revenue fell by 22.6%, while in August and July the decrease was 7.2% and 5.1% respectively.
Tourist arrivals in October 2014 were down by 8.1%, compared to the same month in 2013, to 251,453 from 273,587.
However, revenue in October 2014 is up by 2.7% compared to October 2012 and by 15% compared to October 2011.
For the 10-month period, from January to October 2014, revenue is estimated at €1,914.7 mln, compared to €1,985.7 mln in the corresponding 2013 period.
The same data reveal that the average stay in October 2014 was extended to 10.5 days, from 9.3 days in October 2013.
Average expenditure per person fell at €863.5, compared to €901.5 in October 2013, with the daily average in October 2014 standing at €82.2 from €96.9.
Tourists from the US stayed the longest, with 15.9 days and were followed by tourists from the UK with 11.5 days.
The highest per capita spending came from US tourists, with €1,261.2, followed by Belgian tourists with €1,129.2 and the French with €1,012.3. In the lower end, tourists from Greece spend less with €527.2, followed by Israelis with €589.8 and Italians with €589.6.