Tourism rakes in $ 880 m in first two months

Monday, 14 May 2018 00:00 - - {{hitsCtrl.values.hits}}

Remittances see 2.6% increase

Earnings from tourism are estimated at $ 437 million in February 2018, with the cumulative earnings amounting to $ 880 million for the first two months of 2018.

Meanwhile, workers’ remittances moderated in February 2018, as has been the usual pattern over the last several years. On a cumulative basis, workers’ remittances increased by 2.6% compared to the first two months of 2017.

Tourist arrivals increased by 19.3% in February 2018, driven by a higher number of tourists from China, India, Russia and the United Kingdom compared to February 2017. In this year’s first two months, 474,542 tourists arrived, marking an increase of 13.8% compared to the corresponding period of 2017.