TREN


Tourism revenue increased by 27.7% compared to the same quarter of the previous year

In the fourth quarter, comprising October, November and December, tourism revenue increased by 27.7% compared to the same quarter of the previous year, reaching $6 billion 109 million 187 thousand. Of the tourism revenue (excluding mobile phone roaming and marina service expenditures), 77.7% was generated by foreign visitors and 22.3% by citizen visitors residing abroad.

Visitors organize their travels either individually or through package tours. Of the expenditures made in this quarter, $5 billion 59 million 897 thousand consisted of personal expenditures and $1 billion 49 million 290 thousand of package tour expenditures.

In 2017, tourism revenue increased by 18.9% compared to the previous year, reaching $26 billion 283 million 656 thousand. Of the tourism revenue (excluding mobile phone roaming and marina service expenditures), 77.4% was generated by foreign visitors and 22.6% by citizen visitors residing abroad.

Of this year's revenue, $21 billion 461 million 603 thousand consisted of personal expenditures and $4 billion 822 million 53 thousand of package tour expenditures.

Average spending per visitor was $741

In this quarter, the average spending of foreigners was $687, while the average spending of citizens residing abroad was $978.

On an annual basis, the average spending per person was $681, the average spending of foreigners was $630, and the average spending of citizens residing abroad was $903.

Tourism revenue and expenditure, Fourth Quarter: October-December, 2017

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

The number of visitors increased by 23.1% compared to the same quarter of the previous year

In the fourth quarter of 2017, the number of visitors departing from our country increased by 23.1% compared to the same quarter of the previous year, reaching 8 million 248 thousand 929 people. Of these, 83.2% were foreigners with 6 million 861 thousand 894 people, and 16.8% were citizens residing abroad with 1 million 387 thousand 35 people.

In 2017, the number of visitors departing from our country increased by 23.1% compared to the previous year, reaching 38 million 620 thousand 346 people. Of these, 83.1% were foreigners with 32 million 79 thousand 527 people, and 16.9% were citizens residing abroad with 6 million 540 thousand 819 people.

Tourism expenditure increased by 53.2% compared to the same quarter of the previous year

Tourism expenditure, consisting of the expenditures of our citizens residing domestically who visited other countries, increased by 53.2% compared to the same quarter of the previous year, reaching $1 billion 334 million 340 thousand. Of this, $1 billion 153 million 599 thousand consisted of personal expenditures and $180 million 740 thousand of package tour expenditures.

On an annual basis, tourism expenditure increased by 1.7% compared to the previous year, reaching $5 billion 137 million 244 thousand. Of this, $4 billion 95 million 120 thousand consisted of personal expenditures and $1 billion 42 million 124 thousand of package tour expenditures.

Citizens visiting abroad increased by 21.4% compared to the fourth quarter of 2016

In this quarter, the number of citizens visiting abroad increased by 21.4% compared to the same quarter of the previous year, reaching 2 million 180 thousand 457 people. Their average spending per person was $612.

On an annual basis, the number of citizens visiting abroad increased by 12.6% compared to the previous year, reaching 8 million 886 thousand 916 people. Their average spending per person was $578.

The publication date of the next news bulletin on this subject is 30 April 2018.