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).

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

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