Thursday, 18 September 2014 00:00
Earnings from tourism in the first eight months of this year have increased by 32% to $ 1.447 billion, according to Central Bank estimates.
“Earnings from tourism are estimated to have increased by 22.2% to $202.7 million in August 2014 compared to $165.9 million in August 2013. Meanwhile, in cumulative terms tourist arrivals recorded a growth of 23.1% during the year to August 2014 while earnings from tourism soared by 32.1% to $1,447.2 million during the period,” the Central Bank said.
It said tourist arrivals grew by 25.2% in July 2014 followed by 13.8% growth in August 2014 to 140,319 tourists from 123,269 in the corresponding month of 2013. India, UK, China, Germany and France were the top five sources of tourist arrivals accounting for 47.6% of total arrivals in August 2014.