Revenue from tourism in Cyprus recorded an annual increase of 12.7 per cent in May, the results of the Passenger Survey showed on Wednesday.
The Statistical Service said that revenue from tourism reached €244.7 million in May 2016 compared to €217.1 million in the corresponding month of the previous year.
In January – May 2016 revenue from tourism is estimated at €530.2 million compared to €471.9 million in the corresponding period of 2015, recording an increase of 12.4 per cent.
The average duration of stay in the fifth month of the year remained unchanged from last year at 9 days, while the average per capita expenditure decreased to €670 compared to €706 in the same month last year.
The increase in revenue in May is mainly attributed to the significant increase of arrivals by 18.7 per cent. In addition the per capita expenditure of tourists from the United Kingdom increased to €815 from €755. In contrast, tourist from Russia spent less as their per capita expenditure fell to €577 from €752 in May 2015.
Source: CNA
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