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Tourism once again proved to be a major pillar of Cyprus’s socio-economic development with revenues generated by the industry surging 14.9 percent year-on-year between January and July.

Based on the results of the Passenger Survey, released by the country's Statistical Service, during the seven-month period, tourism contributed some EUR1.233 billion to the national economy compared to EUR1.073 billion in the corresponding period in 2015.

In July alone, revenues soared to EUR402.2 million, marking a robust 17.6 percent year-on-year improvement.

Total arrivals in the month under review stood at 482,132 as compared to 414,527 in 2015, average length of stay, however, showed a slight drop from 10.2 days to 9.7 days.

Nevertheless, industry stakeholders still benefited from the strong demand with expenditure per person reaching EUR834.25, meaning an average daily amount of EUR86.01 versus EUR80.92 recorded in July 2015.

Visitors from the Netherlands proved to be particularly valuable having delivered above average figures in all three of the aforementioned aspects.

All in all, between January and July, more than 1.73 million travellers visited the island, bringing Cyprus closer to surpassing 2015's tourism levels.