Revenue from tourism in May declined by 5.8% or €17.1 million (mn) exceeding the percentage drop of 3.5% in tourist arrivals.

According to data released on Friday by the Statistical Service of Cyprus revenue from tourism reached €277.6 mn in May 2019 compared to €294.7 mn in the respective month of the previous year.

For the period of January – May 2019 revenue from tourism is estimated at €652.8 mn compared to €677.2 mn in the corresponding period of 2018, recording a decrease of 3.6%.

The expenditure per person for May 2019 reached €638.78 compared to €654.14 in the corresponding month of the previous year, recording a decrease of 2.3%.

Spending per person/per day for May 2019 compared to May 2018 remained the same (from €76.06 to €76.05), while a decrease of 2,3% was recorded in the average length of stay, from 8.6 days in May 2018 to 8.4 days in May 2019, Cystat said.

For the period of January – May 2019, spending per person reached €582.15 compared to €597.12 in the corresponding period of the previous year, recording a decrease of 2.5%.

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