Cyprus tourism revenue fell sharply in April

Cyprus tourism revenue fell sharply in April, according to the results of the Passenger Survey.
Revenue from tourism fell by 17.1% to EUR 89.0 mln compared with EUR 107.4 mln in the corresponding month of the previous year.
In the same month, tourism arrivals fell by 23%, depressed by flight delays and cancellations as a result of volcanic ash.
For the period January – April 2010 revenue from tourism is estimated at EUR 218.2 mln, down 6.1% from the EUR 232.3 mln recorded in the corresponding period of 2009.