Monday, 10th November 2014
The Central Bank on Friday said the substantial increase in tourist arrivals as well as the increase in estimated average spending per night resulted in cumulative earnings from tourism recording a growth of 31.4%, generating $ 1.6 billion during the first nine months of 2014 compared with $ 1.2 billion during the same period in 2013.
The bank said tourist arrivals continued to record an impressive growth of 16.8%, year-on-year in September 2014, with 105,535 tourists arriving during the month. Consequently, cumulative tourist arrivals in the first nine months grew by 22.4% to 1,107,178 compared with the corresponding period of 2013. Earnings from tourism are estimated to be $ 152 million in September 2014 compared with $ 122 million recorded in September 2013.
