Wednesday, August 20, 2014

Cuba's revenue from tourism grows 4 pct

Cuba's revenue from tourism grows 4 pct
Published August 19, 2014 EFE

International tourism generated $1.08 billion in revenues for Cuba in
the first half of 2014, an increase of 4 percent over the same period
last year, the National Statistics and Information Office, or ONEI, said
Tuesday.

Cuba earned a total of $1.8 billion from tourism last year.

The tourism sector is the second largest source of foreign currency for
Cuba after the export of services.

In the first six months of 2014, the arrival of foreign visitors grew
3.7 percent to 1.66 million, compared with 1.59 million during the same
period in 2013.

Canada, Germany, Britain, Italy and France remain Cuba's principal
tourist markets, while Argentina, in sixth place, is its biggest source
of tourists among Latin American countries.

In 2013, Cuba welcomed 2.85 million travelers, which represented a
modest increase of 0.5 percent over the previous year, but for this
year, the island set itself the goal of attracting more than 3 million
visitors.

Official Cuban media have acknowledged, however, that with its current
rate of growth, the sector is unlikely to achieve that goal. EFE

Source: Cuba's revenue from tourism grows 4 pct | Fox News Latino -
http://latino.foxnews.com/latino/news/2014/08/19/cuba-revenue-from-tourism-grows-4-pct/

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