Revenue from tourism at €45.6 million in January 2023

15:31 - 03 April 2023

Economy Reporter

Revenue from tourism amounted to €45.6 million in January 2023, significantly surpassing the revenue from tourism in January last year, as well as in January 2019, a record year for Cypriot tourism.

On the basis of the results of the Passenger Survey carried out by the Statistical Service (Cystat), revenue from tourism reached €45.6 mn in January 2023 compared to €28.2 mn in the corresponding month of the previous year, recording an increase of 61.7%

Compared with January 2019, revenue from tourism marked an increase of 15%. Tourist arrivals in January and February this year, surpassed the respective arrivals of the first months of 2019.

According to Cysat, the average expenditure per person was €503.83 in January 2023 compared to €641.01 in January 2022, down by 21.4%.

Tourists from the United Kingdom (the largest tourist market with 20.6% of the total tourists in January 2023) have spent on average €49.84 per day, while tourists from Israel (the second largest market during the specific month with 16.6% of the total tourists) spent on average €145.63.

Tourists from Poland (the third largest market with 12.3%), spent on average €62.61 per day, Cystat added.

(Source: CNA)

Revenue from tourism at €45.6 million in January 2023

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