CYPRUS: Tourism revenue down 5.1% in July, arrivals up 5.7%

Revenue from tourism reached €321.2 mln in July compared to €338.6 mln year-on-year, a drop of 5.1%, according to the Statistical Service, despite a 5.7% increase in arrival numbers.

This was the first drop in revenue from tourism since last March, when it had dropped by 14.3% on a yearly basis.
On the other hand, the Passenger Survey for the period January-July saw revenue from tourism rise to €1,099.9 mln compared to €1,036.2 mln in the same period of 2013, an increase of 6.1%.
The average stay of tourists in July increased to 10.7 days, compared to 10.5 days in July 2013.
The longest staying tourists in July were those from the USA with 14.1 days, followed by the Irish with 13.5 days and the U.K. with 11.2 days.
Total per capita spending dropped to €841.00 compared to €936.80 in July 2013, while daily spending dropped to €78.30 from €89.40.
The highest per capita spending was recorded by tourists from France with €1,000.70, followed by the Swiss with €940.10 and the Russians with €934.40. The lowest per capita spending was recorded by the Greeks with €412.90, the Finnish with €557.20 and the Israelis with €597.20.
Furthermore, the highest daily spending was recorded by tourists from Belgium with €121.00, the Swiss with €106.20 and the Dutch with €101.40, while the lowest was recorded by the Greeks with €38.90, the Americans with €54.70 and the Irish with €66.70.