Tourist spending up until October hit €1.95 billion exceeding total tourism income received in 2012 and reaffirming hopes the key sector will ease the economy out of recession.
Accoding to official data released yesterday tourism revenue up until October has surpassed the €1.92b spent by holidaymakers last year.
And debt-ridden Cyprus’ tourism income increased 16.6% in October alone compared to the same month in 2012 offering a financial lifeline for the troubled economy which needed a €10b bailout in March.
The average daily amount spent by tourists in October was €96.90 while the average length of stay was 9.3 days.
Belgians were the biggest spenders in October at an average €209.60 a day, while the recession-hit Greeks were the most frugal spending €57.70.
Arrivals in 2012 increased 3% reaching 2.46 million visitors – a seven year high -- from 2.39 million for 2011 while tourism income increased 10.2% to €1.92b.