Tourism revenue declines in June

Revenue from tourism declined by 2 per cent in June 2019 with revenue for the six-month period to June, falling 3.1 per cent compared with the corresponding period last year.

According to data released by the Cyprus Statistical Service, revenue from tourism amounted to €350.4m in June 2019 compared with €357.7m in June 2018. June marked the second consecutive reduction in tourism revenue and the third this year.

For the period of January–June 2019 revenue from tourism is estimated at just over €1bn, a decrease of 3.1 per cent over the same period last year.

Expenditure per person for June 2019 declined by 1.8 per cent in June to €687.53 compared with €699.88 in the corresponding month in 2018. The daily expenditure per person for June 2019 also declined by 1.8 per cent in June 2019 amounting while the average length of stay remained the same as last year at 9.1 days.

For the six months ending in June expenditure per person amounted to €615.08 compared with €629.04 in the corresponding period in 2018, a decrease of 2.2 per cent.

Daily expenditure per person/per day for the period of January–June 2019 compared with the period January–June 2018 recorded an increase of 0.1 per cent – from €72.30 to €72.36, Cystat added.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.