Tourism revenue rises in October 4.2% to €277m, Cystat says

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Tourism revenue rises in October 4.2% to €277m,...
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By Stelios Orphanides

Revenue from tourism rose in October an annual 4.2 per cent to €277.1m, against an increase in arrivals of 14 per cent, the statistical service said on Friday.

In January to October, revenue from tourism rose 15 per cent to €2.5bn, Cystat said in a statement on its website. In the same period, total arrivals rose 14 per cent.

The lower rate of increase in revenue compared to the increase in arrivals was mainly on a 8.6 per cent annual reduction in holiday budgets to €681.05, accompanied by an increase in the length of stay by 0.1 days to 9.3 days, Cystat...


Tourism revenue rises in October 4.2% to €277m, Cystat says


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