Despite all efforts to boost Cyprus tourism, the numbers show revenue from the sector fell 1.5 percent year-on-year to €2.3 billion euro in the first nine months of 2019.
According to the Cyprus statistical service, per capita tourist spending between January and September was around €685 euro, down 2.2 percent from the €700 euro figures for the same period of 2018.
Per capita spending per day rose 1.1 percent year-on-year during the same period to €76.13 euros, but tourism revenue in September fell 0.4 percent year-on-year from €378.8 euros to €377.2 euros. Earlier this year Deputy Minister for Tourism Savvas Perdios said that 2019 is a difficult year for tourism owing to two successive years of massive growth.
According to the Republic of Cyprus, Ministry of Finance, Statistical Service, September was the sixth month this year that recorded an annual drop in tourism revenue. In addition, per capita spending during the month was down 1.3 percent, to €718 euros while per day spending rose 3 percent to €78.99 euros.
The average duration of a holiday fell from 9.5 days in September last year to 9.1 days this year, which partially accounts for the declines.
[…] to a new report from the World Bank, a reunification of the island of Cyprus, accompanied by the appropriate supportive policies would see the income of both Greek Cypriots and […]