News Local CyStat: Tourism revenue down 5.8% in May

CyStat: Tourism revenue down 5.8% in May

Revenue from tourism in May 2019 fell an annual 5.8% to total €277.6 m, the Cyprus statistical service said on Friday citing the results of the Passenger Survey. Tourism revenue in May 2018 was €294.7 m.

For the period of January – May 2019 revenue from tourism is estimated at €652.8 m compared to €677.2 m in the corresponding period of 2018, recording a decrease of 3.6%.

Expenditure per person for May 2019 reached €638.78 compared to €654.14 in the corresponding month of the previous year, recording a decrease of 2.3%.

Expenditure per person/per day for May 2019 compared to May 2018 remained the same (from €76.06 to €76.05). A decrease of 2.3% was recorded in the average length of stay, from 8.6 days in May 2018 to 8.4 days in May 2019.

Expenditure per person for the period of January – May 2019 reached €582.15 compared to €597.12 in the corresponding period of the previous year, recording a decrease of 2.5%.

The expenditure per person/per day for the period of January – May 2019 compared to the period of January – May 2018 remained at the same level (from €70.25 to €70.14).

Read more

https://in-cyprus.com/tourism-revenue-up-2-9-in-april-down-1-9-for-january-april/

Top Stories

Trump accuses U.S. Health Department watchdog of ‘fake dossier’ on coronavirus

President Donald Trump on Tuesday accused the U.S. Health Department's inspector general of having produced a "fake dossier" on American hospitals suffering shortages on...

5 tons of chloroquine imported from India for Cyprus, Israel

Five tons of API Chloroquine have been imported from India for Cyprus and Israel as part of a joint initiative by the two countries...

106 booked for breaking stay at home decree

Police carrier out checks at 1443 premises islandwide from 6 am to 6 pm on Tuesday and only one was found to be violating...

New York suffers deadliest day in coronavirus crisis

New York has suffered its deadliest day in the novel coronavirus pandemic, with 731 fatalities in the last 24 hours, although Governor Andrew Cuomo...

Cyprus prices dual EMTN Tranche for €1.75 billion

The Republic of Cyprus has priced on Tuesday two new benchmark-sized Euro Medium Term Notes for a total amount of €1.75 bn with Finance...

Taste

Stuffed vine leaves without meat

(Dolmadakia gialantzi) Rinse the leaves and boil in salted water for approximately 10 minutes until soft. Drain and place in some cold water with ice...

Snails with tomato sauce

When the snails are ready, drain them. Fry the onions in the oil and once slightly brown, add the tomatoes. Stir until cooked well...

Sea bream with capers

Clean the sea bream well, add salt and pepper to them and brush them with olive oil. Mix the capers and parsley together as...

Halloumi bread

Sift the flour with the salt into a bowl and mix in the yeast and lemon rind. Make a well in the centre of...