Insider Economy Tourism revenue records small annual increase in first two months of 2019

Tourism revenue records small annual increase in first two months of 2019

Tourism revenue for the first two months of 2019 reached €92 million compared to €91,1 million in the first two months of 2018, recording a small annual increase of 1%.

Data released by the Statistical Service today show that revenue from tourism in February was €52,4 million compared to the same month of the previous year, recording a slight drop of 0.6%.  In January revenue from tourism came to €39,6 million recording an increase of 3.15% on an annual basis.

Per capita expenditure of tourists in February 2019 came to €496.81 compared to €519,43 in the same month of 2018, recording a drop of 4.4%.

Per capita /per day expenditure of tourists this February compared to February 2018 recorded an increase of 4.9%, reaching €59,86 compared to €57,08. At the same time the average duration of tourists visit fell by 8.8% from 9.1 days in February last year to 8.3 days in February this year.

Per capita expenditure for the period of January – February 2019 reached €490,89 compared to €513,89 at the same period of the previous year, recording a drop of 4.5%.

Per capita / per day expenditure of tourists for the two-month period of 2019 compared to the same period of 2018 recorded an increase of 1.1%., reaching €57,08 from €56,47.

(Cyprus News Agency)

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