May tourism revenue up 1.1% amid product fatigue

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May tourism revenue up 1.1% amid product fatigue
 © CyprusMail 2018
By Stelios Orphanides

Cyprus had to attract 7.6 per cent more visitors from abroad during May in order to increase its revenue from tourism 1.1 per cent to €294.7m compared with the respective month of 2017, a clear sign that the economy’s benefits from tourism was decreasing, the statistical service said.

In May, tourists reduced their spending 6 per cent per stay to an average of €654.14 compared with May last year, Cystat said. Visitors from the UK, traditionally Cyprus’ largest source of incoming tourism, spent on average €694.35 in May or 3 per cent less compared...


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May tourism revenue up 1.1% amid product fatigue


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