Cyprus Tourism Revenues Fall 3.5 % in 2008

Cypriot tourism revenues fell 3.5 percent in the island’s key holiday sector during 2008, official figures showed on Wednesday. Revenues weakened to 1.79 billion euros (2.38 billion dollars), from 1.85 billion euros in 2007. However, in December alone, revenues edged forward 0.4 percent to 51.6 million euros from 51.4 million a year earlier. The average …