February tourism revenue up 13% but Britons cut back on spending

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By Stelios Orphanides

Cyprus’s revenue from tourism rose in February 13 per cent to €52.7m compared to the respective month of 2017 but tourists from UK drastically reduced their holiday budgets, the statistical service said.

In the first two months of the year, total revenue rose an annual 11 per cent to €91.1m, Cystat said in a statement on its website on Friday.

The increase in revenue was accompanied by an annual 23 per cent increase in arrivals in February, which resulted from an 8.4 per cent drop in average spending in tourist budgets to €519.43, Cystat said. Still, visitors on the island prolonged their length of stay in February by 0.7 days to 9.1.

Visitors from the UK, traditionally Cyprus’s primary source of incoming tourism whose economy plunged into uncertainty two years ago when voters decided to leave the European Union, cut back their holiday spending in February 28 per cent to €509.03 compared to the respective month of 2017, Cystat said. On the other hand, Russian tourists, who make up the second most numerous nationality, spent in February on average €694.94 which is 11 per cent more compared to a year before.

Visitors from Germany and Greece increased their spending in February an annual 2.4 per cent to €607.47 and 3.2 per cent to €349.40 respectively, while those from Israel, spent on average €364.27 which is 10 per cent less than a year before, Cystat said.

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About Author

Stelios Orphanides is a journalist at CyprusBusinessMail.com. To contact Stelios Orphanides: [email protected]

  • Guest

    Cheapskates.

    • The Truth

      Who the GC’s who overcharge and attempt to shaft all tourists with sh*te offering.

      • Guest

        Nobody overcharges, if they have a price list, and only morons would purchase something without knowing the cost, so your remarks are pure BS.

        • The Truth

          All overcharge in the South – Go to TRNC to see what a good offering is and a prices that don’t shaft. Also making good profits.

          • atmost55

            Go the north?
            God forbid. Never!

          • Colin Evans

            You really should give it a try. I am having a new hip fitted in just over a week and am going to Kyrenia for a short break at a first class hotel at 72.00 Euro a night for bed and breakfast. Oh, and the service for dinner and food quality is far better than in the south, where I live, with a much lower cost as well.

          • SuzieQ

            Good luck with your op, Colin.

          • Colin Evans

            Many thanks for that. This time it is the right one. I had the left one done 10 years ago in Paphos General, but this time in the Evangelismos.

          • atmost55

            Don’t think so

          • atmost55

            I have heard that it’s dirty and dangerous.
            Anyway, it would bring back too many memories of my Kyrenia.

          • Colin Evans

            You are ill informed!!

          • Alassia

            Please don’t rely on hearsay, atmost55. If you can overcome your fears, you will find the Turkish Cypriots are kind, helpful and lovely people. After all is said and done, they are Cypriots ( just like you, I assume?) If you are genuinely from Kyrenia, you must surely remember your neighbours?

          • Banjo

            It’s not dirty or dangerous, it’s quite lovely in fact. I go over regularly, do watch out for the speeding cameras though !!!!!!

          • Alassia

            Enjoy. The chance to recuperate in comfortable surroundings will do you a world of good.

          • Guest

            Aren’t you better off moving there as we are sick of you talking them up, you do realise that they use GC property, which they stole, Turks don’t like building houses they like to steal them from others, and good luck in getting your money back if you get an infection, and have to have it changed, and don’t go to a GC hospital if it does.

          • Colin Evans

            It would appear that you are just so bigoted that you have not fully read what I had to say. I am having my surgery in the Evangelismos Hospital in Paphos, where both myself and my wife have been treated too many times. And I am NOT talking anyone up. What I do is sit back and think just how stupid all these arguments are over 40 years ago since, in essence, the Greek Army invited the Turkish troops to step in to prevent their people being wiped out. I know that that is something you super patriots will never accept, but, just for once try swimming outside the gold fish bowl and look inside. You may just see something different.

          • Guest

            Go and watch the documentary, the green line on you tube.

          • Colin Evans

            I have spent the greater part of this afternoon doing what you suggested. Having watched it I fail to see what, if any, point you are trying to make. Very, very clearly this film is not balanced in it’s portrayal of the 2 sides. Would have been much better if some of the problems the TC’s endured had had some decent coverage.

          • Guest

            Really, nearly all the witness’s were British and Turkish.

          • Eye on Cyprus

            Best Wishes for a comfortable and swift recovery.

          • Kevin Ingham

            Whatever you think abut the North and the Turks, at least they repay their loans (both Turkey and the TRNC have an NPL rate of about 3%)

          • Guest

            The TC’s owe billions to Turkey, why do you think that they stole the TC’s drilling rights.

          • Guest

            A Turk, says it all, you go there and stay there pr!cks like you are not welcome here.
            How can someone who has a price list showing, overcharge you? To me you are a propagandist.

          • The Truth

            A Turk? How do you work that out or is what we always expect from GC something ‘made up’ i.e Propaganda. Price list is just that – the over pricing comes from an item that costs say 10p being sold to tourists for £2. Your comment ‘Cheapskates’ is based on what? I suspect f**k all which is ‘situation normal’ for a GC.

          • Guest

            You really are a thicko, if someone is prepared to pay the price of an advertised product, then it’s not overcharging, overcharging is when you go the north, and get shortchanged then they make out they can’t speak English, when you confront them.
            I remember ice cream sellers charging 99p for something that was priced at 40p, but were advertising a 99 ice cream with a flake, and using the 99 as a price, as tourists were none the wiser.

          • atmost55

            When tourists visit the south they are visiting a beautiful European and civilized island.

          • The Truth

            A Turk? Answer. You’re mentally challenged. Overpricing is overcharging. Just no honesty from GC’s

          • Guest

            Not in my book, overcharging is when a total is increased, ie you go to a cafe, and the bill should be x amount and you are charged more than the x amount.

          • The Truth

            You totally miss the point – GC is overpriced (Inflated – Shot term gain) for the poor offering. TRNC far cheaper for a better offering. Turkey half the price with far better service. I agree a charge is what you pay but point is cheapskates (or wise people) don’t spend. Do you now get it? If I know something costs 20p I would not pay £2 for it so people are not spending and locals can’t complain or slag them off as cheapskate,

          • Guest

            Go and live there then and stop bothering me.

          • Guest

            The TC’s stole the properties they use, they don’t pay rates, they don’t pay for water or electric, and use slave labour, in effect, you are condoning this behavior, which is a bit more serious than overcharging.

          • The Truth

            Educate yourself and stop showing yourself as a idiot.

          • Guest

            If you say so Paddy.

  • Philippos

    Brits are now spending under the average (Eur 509 versus Eur 519) and the “new” markets are also spending way under the average, around EUr 400 versus EUr 519), in 9.1 days(?). with Russian spending slightly up, we might conclude that the “Right” 50% have gone back to Turkey and the more affluent “50%” are still with us, or it may just be statistical due to the length of stay increasing slightly. Of course that’s February, and March might show similar results, but it is clear from real evidence that the season from Easter has started very slowly and yet again we are not ready for it, of course. Maybe Mr Y Karousios of Ag Napa is spot on in his assessment. We’ll see in due course, no doubt, but i think that he is not far off, in his forecast

  • Kevin Ingham

    I would love to know how they work this out?

    If for example I bought my Euros in the UK and came to Cyprus to spend them how would they know my cash was bought in Britain and I was Brit spending it ???

    If Brits are going all inclusive how does that impact their spending habits and what does that actually mean ? Does it mean the Cypriot businesses are charging them less to get them to spend nothing when they are here ?

    If they are visiting friends who own property here (and that is the only reason they come here) how do you know how the spending is proportioned?

    One thing is for sure, if Brits are to be charged for a visa to holiday in Cyprus they will be taking whatever business they do bring elsewhere

    • Colin Evans

      Clearly, you and I are as stupid as each other!! For the life of me I have never been able to work out just where these figures come from. It would appear that our thought process is far too logical.

      • SuzieQ

        I think I’d better join you and Kevin, as I don’t understand the figures either.

        • Colin Evans

          It really is amazing just how many stupid people populate the CM discussion pages, is it not??

          • Banjo

            I’m a confirmed and well documented idiot so I don’t know either. I did however purchase , let’s call it a ‘supply ‘ of euros back when the exchange rate was €1.40 to the pound , sadly I’ve run out now but how would this have been reflected in their figures.

        • Neroli

          Can I join you too?!

          • SuzieQ

            Of course.

      • Douglas

        The only thing I can think off is the Brits bringing in sterling and changing it while they are here or sterling debit/credit card withdrawals from Cypriot ATM Bank machines ?

  • Mist

    They have failed to factor in All inclusive.

    • Kevin Ingham

      I am not your typical ex pat Brit and do not frequent ex pat haunts, but many of the higher end business in Cyprus I visit would go bust overnight if they did not have British customers.

      What an “ordinary” Brit will spend on a meal and drinks in “normal” bars and restaurants dwarfs your typical “European” spend.

      Granted your tax avoiding Russian oligarchs will spend money like it was going out of fashion, but the Brits (for better or worse) will neck 6 pints and 6 glasses wines (for the ladies) in the same time it will take Germans to sip two cappuccinos or a couple of pints.