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Cyprus Revenue from Tourism November-December 2018

On the basis of the results of the Cyprus Passenger Survey, revenue from tourism in November 2018 reached EUR91,9 million, recording an increase of 2,7 percent compared to the corresponding month of 2017, while in December 2018 revenue from tourism reached EUR56,4 million recording an increase of 1,1 percent as compared to December 2017.

For the period of January – December 2018 revenue from tourism is estimated at EUR2,710,6 million compared to EUR2,639,1 million in the corresponding period of 2017, recording an increase of 2,7 percent.

The expenditure per person for November 2018 reached EUR579,35, presenting a decrease of 6,4 percent compared to November 2017, and for December 2018 to EUR528,95, also presenting a decrease of 6,2 percent as compared to December 2017.
A decrease was also recorded in the average length of stay with corresponding rates of 11,3 percent and 8,8 percent for November and for December 2018 in relation to November and December 2017.
The expenditure per person/per day increased by 5,6 percent for November 2018 and by 2,8 percent for December 2018.

The expenditure per person for the period of January – December 2018 reached EUR688,22 compared to EUR722,62 in the corresponding period of the previous year, recording a decrease of 4,8 percent. The expenditure per person/per day for the period of January – December 2018 compared to the period of January – December 2017 also recorded a decrease of 1,7 percent (from EUR76,07 to EUR74,81).