Tourism revenues down in January

Tourism revenues fell 0.5 per cent year-on-year in January, to €30.7 million, the island’s statistical service said on Monday.

It followed a drop in arrivals by 3.8 per cent to 40,675, from 42,286, in January last year.

Tourism revenues recorded a significant increase – 8 per cent — in 2013, reaching €2.08 billion compared with €1.92 billion in 2012.