MONDAY, 17 DEC 2018



Facebook Linked In Twitter
Invest Cyprus 30/04-30/03/2019

Despina Theodosiou Honoured in Lloyd’s List Top 100

Revel: Cyprus, Greece and Israel Welcome Cooperation with Like-Minded Countries



Revenue from Tourism up On an Annual Basis By 8.5% In January 2018

Revenue from Tourism up On an Annual Basis By 8.5% In January 2018

Revenue from tourism was up on an annual basis by 8.5% in January this year, despite a drop in expenditure per person and per day of tourists, data released by the Cyprus Statistical Service, on Tuesday 10 April, show.

The results of the Passenger Survey show that revenue from tourism reached €38.4 million in January 2018 compared to €35.4 million in the same month of the previous year, recording an increase of 8.5%.

Expenditure per person in January 2018 reached €506.49 compared to €565.48 in January 2017, recording a decrease of 10.4%.

Expenditure per person/per day for January 2018 compared to January 2017 also fell by 6.4%, the Cyprus News Agency reports.

In January 2018 a decrease of 20.1% was recorded in the expenditure per person for tourists from the United Kingdom, down from €727.29 in January 2017 to €581.29 in January 2018.

A drop was also recorded in expenditure per person of tourists from Greece by 7.3%, down from €343.56 to €318.36 and tourists from Russia by 3.9%. down from €606.82 to €583.37 this year.

Expenditure per person/per day for tourists from the United Kingdom recorded a drop of 16.6%, from €60.11 in January 2017 to €50.11 in January 2018.

Expenditure per person/per day by tourists from Greece also fell by 0.9% from €37.34 to €37.02) and by tourists from Russia by 17.1%, from €80.91 to €67.05.


Akis Petretzikis Cooks Christmas Recipes in Cyprus Together with Coca-Cola

Coca-Cola launched the Christmas season in our kitchen with a special, festive cooking ...

Christmas Events to be Organised at Cyprus’ Airports

Larnaca airport has been turned into a fairy-tale Christmas town open to the public with ...

The Transformation of Hilton Park to a Five-Star hotel has Begun

Louis Hotels unveiled the new and refreshed face of the Hilton Park, which will soon be ...



Asos Profits Hit by Fashion Price-Cutting

Online fashion retailer Asos has warned of weak profits this financial year after "unprecedented" discounting hit its trading in November. After ...

House Plenary Approves 2019 State Budget

The House of Representatives Plenary on Friday approved by majority voting the 2019 state budget, that provides for a surplus amounting 3% of GDP. Thirty ...

Moody’s Update on RCB Bank: High Capital Adequacy, Low NPL’s Ratio

Moody’s Investors Service has published its updated credit analysis report on RCB, highlighting as the Bank’s strengths the low NPL ration and the ...

Cyprus Records the Largest Decrease on NPLs According to EBA Data

Cyprus recorded the largest decrease among EU countries in Non-Performing Loans (NPLs) between June 2017 and June 2018, according to a report by the European ...

Revel: Cyprus, Greece and Israel Welcome Cooperation with Like-Minded Countries

The partnership among Cyprus, Greece and Israel is not exclusive, and the three countries welcome cooperation with other like-minded parties to promote the ...

Explore the World in 2019 with Emirates’ Special Fares

Start your New Year with a new adventure with Emirates’ special fares to popular destinations for Cypriot travellers. Explore new cultures, relax on the ...

Qatar Airways Inspires Travelers to Travel to Thailand

Qatar Airways is inspiring passengers to ignite their sense of adventure and explore the beauty of exotic Thailand with their friends and family. ...

Honorary Distinction for Costakis Loizou

The Louis Group Executive President, Costakis Loizou, was awarded with an honorary distinction by the Holy Metropolis of Piraeus. Loizou was awarded with the ...