Home / Business / Local Business / Over half-a-million tourists visited Cyprus in August

Over half-a-million tourists visited Cyprus in August

Cyprus saw a record number of tourists visit the island during the bumper month of August.

Official data on Monday showed the arrival of tourists reached 523,651 in August compared to 458,645 in the same month last year, recording an increase of 14.2%.

August 2017 had the highest volume of tourist arrivals ever recorded in Cyprus during that month.

For the first eight months January-August arrivals of totalled 2.51 million compared to 2.19 million in the same period of 2016, recording an increase of 14.7%.

This also outnumbered the total arrivals ever recorded in Cyprus during the first eight months of the year.

Seen as a regional safe haven, Cyprus boasted a record year for tourism in 2016 with an unprecedented 3.18 million arrivals, generating €2.36 billion in revenue.

ALSO READ:

Officials expect these records to be broken again this year with an estimated 8 percent increase in arrivals for 2017.

Cyprus has benefitted from a boom in arrivals, especially from its largest markets Britain – up 7.9% percent in August – along with a revival in those coming from Germany (54.6%), Sweden (4.2%) and Israel.

The biggest percentage rise in tourist arrivals was from nearby Israel spiking 95.7%.

This was offset by a 2.5% decrease in Russian tourists.

Arrivals have been on a continuous upward curve since June 2015.

The island is seen a safe haven for tourists, with other traditionally popular destinations in the eastern Mediterranean having been hit by upheaval in the past few years.

The UK and Russia constituted the main sources of tourism for Cyprus in August, with a 35.5% and 22.9% slice respectively.

Income from tourism accounts for about 12% of the eurozone member’s gross domestic product.

Check Also

Unemployment rate drops to 10.6% in Q2

The number of people out of work in the second quarter of 2017 was 10.6% …

European Commission team looking at Larnaca Port concerns

The EP Committee on Petitions (PETI) is conducting a fact-finding mission in Larnaca between Wednesday …