Cyprus outbound tourism drops 19% y/y in April

In a sign that Cypriots are cutting back as a result of the crisis, outbound tourism fell by 19% compared with the year earlier in April.
In absolute numbers 84,688 residents of Cyprus returned from a trip abroad in April 2013 compared with 104,493 in April 2013.
The timing of Orthodox Easter might also have played a part, since Easter was celebrated on May 5 this year and April 15 last year.
There were significant falls in the largest two markets, Greece and the UK.
The number returning from Greece fell by 24.4% to 24,978 in April 2013, from 33,029 in April 2012, while the number returning from the UK dropped by 14.8% to 24,928, from 29,265 in April 2012.
There was a small increase in the number of residents returning from Russia, which rose by 1.9% to 5,590.
www.sapientaeconomics.com