Cyprus tourism revenue plunges 90%

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Cyprus tourism revenue plunges 90%
 © FinancialMirror 2020

Cyprus tourism revenue in July plummeted 89.9% to €42.5 mln from €422 mln in the same month last year due to travel restrictions to stem the pandemic.

The outlook was no better for the six months January to July when income from tourism dipped 88.5% to €164.5 mln from €1.42 bln in the same period of 2019,  according to the Statistical Service.

Expenditure per person for July reached €654.06 compared to €765.84 in the same month last year, recording a 14.6% decrease.

Daily expenditure per person for July 2020 decreased 45.5% from €80.61...


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This article was automatically added to our system 29-9-2020

Cyprus tourism revenue plunges 90%


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