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Emilianidou: Government To Support Businesses And Employees During December

Cyprus President Tells UN Envoy He Is Ready To Attend Informal Meeting On Cyprus

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ECONOMY

Revenue From Tourism Plunges by 84%

Revenue From Tourism Plunges by 84%

Revenue from tourism in August 2020, according to the Statistical Service, reached €71,1 million compared to €431,6 million in August 2019, recording a massive decrease of 83,5%.



For the period January-August 2020, revenue from tourism is estimated at €235,6 million compared to €1.856,8 million in the corresponding period of 2019, recording a decrease of 87,3%.


The expenditure per person for August 2020 reached €681,81 compared to €779,31 in August 2019, recording a decrease of 12,5%. Additionally, the daily expenditure per person for August 2020 compared to August 2019 recorded a decrease of 36,8% (from €78,72 to €49,77).

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