Revenue from tourism was up by 12.5% in the first two months of the year, while in February alone it soared by 21.7% compared to the same month of the previous year, data released by the Cyprus Statistical Service on Wednesday show.
On the basis of the results of the Passenger Survey, revenue from tourism reached €37.6 mn in February 2016 compared to €30.9 mn in the corresponding month of the previous year, recording an increase of 21.7%.
Revenue from tourism is on an upward trajectory for the 8th month in a row.
For the period January – February 2016 revenue from tourism is estimated at €66.7 mn compared to €59.3 mn in the corresponding period of 2015, recording an increase of 12.5%.
According to the data, in February this year 65,988 tourists arrived in Cyprus, recording an increase of 30.1% compared to February 105 when arrivals were recorded at 50,709. In January the annual increase was 16.3% for arrivals and 2.5% for revenue.
The average duration of stay was slightly down to 8.8 days from 9.9 February last year. Per capita expenditure was €570.45 this February compared to €609.83 in February 2015.
Expenditure per day in February this year amounted to €64.92 compared to €61.81 last February.
Arrivals from the traditional market of the United Kingdom were up this February reaching 22,175 compared to 17,329 at the same month of the previous year. Greece comes second with 8,755 arrivals this February (7,510 in February 2015) and Russia third with 7,358 arrivals (3,659 in February 2015).