Tourism Revenues, July-September 2017

Tourism revenue increased by 37.6% compared to the same quarter of the previous year

In the third quarter, comprising July, August and September, tourism revenue increased by 37.6% compared to the same quarter of the previous year, reaching $11,391,668 thousand. Of the tourism revenue (excluding mobile phone roaming and marina service expenditures), 77% was generated by foreign visitors and 23% by visiting citizens residing abroad.

Visitors organize their trips either individually or through package tours. Of the expenditures made in this quarter, $8,855,369 thousand consisted of individual expenditures and $2,536,299 thousand of package tour expenditures.

The average per capita expenditure of visitors was $684

In this quarter, the average expenditure of foreigners was $634, while the average expenditure of citizens residing abroad was $900.

The number of visitors increased by 38.1% compared to the same quarter of the previous year

The number of visitors departing from our country in the third quarter of 2017 reached 16,663,265, an increase of 38.1% compared to the same quarter of the previous year. Of these, 82.6% were foreigners, with 13,770,308 people, and 17.4% were citizens residing abroad, with 2,892,957 people.

Tourism expenditure increased by 37.9% compared to the same quarter of the previous year

Tourism expenditure, consisting of the spending of our citizens residing domestically who visited other countries, increased by 37.9% compared to the same quarter of the previous year, reaching $1,560,756 thousand. Of this, $1,217,678 thousand consisted of individual expenditures and $343,078 thousand of package tour expenditures.

The number of citizens visiting abroad increased by 12.5% compared to the third quarter of 2016

In this quarter, the number of citizens visiting abroad increased by 12.5% compared to the same quarter of the previous year, reaching 2,514,317 people. Their average per capita expenditure was $621.

Tourism revenue and expenditure, Third Quarter: July-September, 2017

The figures in the table may not add up to the totals due to rounding.

The publication date of the next news bulletin on this subject is 31 January 2018.