CYPRUS
Revenue from Cyprus tourism up by 5,9% in August on annual basis

Revenue from tourism saw an annual increase in August by 5,9%.

Based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism reached €511,4 mn in August 2024, recording an increase of 5,9% as compared to the corresponding month of the previous year (€483,0 mn).

For the period of January – August 2024, revenue from tourism is estimated at €2.121,8 mn compared to €2.027,7 mn in the corresponding period of 2023, recording an increase of 4,6%.

The average expenditure per person was €921,59 in August 2024 compared to €944,51 in August 2023, recording a decrease of 2,4%.

Tourists from the United Kingdom (the largest tourist market with 34,7% of the total tourists in August 2024) spent on average €100,58 per day, while tourists from Israel (the second largest market during the specific month with 13,3% of the total tourists) spent on average €112,87. Tourists from Poland (the third largest market with 7,7%), spent on average €90,54 per day.

Source: Parikiaki.com

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