Tourist revenues drop by 87.3% in Cyprus during January – August

Revenue from tourism in Cyprus amounted just to €235.6 million for the period of January – August 2020, marking a steep reduction amounting to 87.3% year on year, as the tourism sector was hit the hardest by the coronavirus pandemic, CNA reports.

Based on data released by the Cyprus Statistical Service (Cystat) revenue from tourism for the period of January – August 2020, is estimated at €235.6 mn compared to €1,857 mn in the respective period of 2019, recording a decrease of 87.3%.

Tourist arrivals in January – August 2020 plunged by 84% to 424,650 compared with 2.7 million in the respective period of 2019. The Cypriot tourist sector was heavily affected following the measures taken by the Cypriot government to contain the spread of the coronavirus pandemic (COVID-19), including the ban of entry to Cyprus which was imposed on several categories of persons.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: AyianapaProtaras

 

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