articles | 13 May 2016

Cyprus tourism revenue up in Jan-Feb 2016

A significant increase of 12.5% was recorded in income from tourism during the months of January-February 2016, while the yearly increase in February came to 21.7%, according to recent data from the Statistical Service.

The data shows that revenue increased for the 8th month in a row.

According to data from the Traveller’s Survey, revenue from tourism in February 2016 came up to €37.6 million compared to €30.9 million the same month last year, an increase of 21.7%.

For the period January-February 2016, revenue income is estimated at €66.7 million compared to €59.3 million for the same month last year, an increase of 12.5%.

According to the data, in February 2016, 65,988 tourists arrived in Cyprus, an increase of 30.1% compared to February 2015 when arrivals came up to 50,709.

January saw an increase of 16.3% compared to the same month of 2015 for arrivals and 2.5% increase in revenue.

The average stay decreased slightly from 9.9 days to 8.8 days. Per capita spending came up to €570,45 compared to €609,83 during the same month last year.

Out of 65,988 arrivals, the majority came out of the United Kingdom, with 22,175 arrivals in February 2016 compared to 17,329 during the same month last year.

Greece follows with 8,755 arrivals (7,510 same month last year), and Russia with 7,358 arrivals (3,659).

In February of 2016, British tourists resided in Cyprus on average 10.2 days, and spent €633.93 per capita and €62.15 per day.

Greek tourists resided on average 9.4 days and spent €374.06 per capita and €39.79 per day.

Russian travellers stayed an average of 9.4 days and spent €793.37 per capita and €84.40 per day.

Source: InCyprus

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