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Cyprus tourism revenue up 17.6% y-o-y in April

15:13 - 03 July 2023

Economy

Cyprus’ tourism revenue reached €217.6m in April 2023, compared to €185.1m in the same month last year, marking a 17.6% increase, according to CySTAT.

For the period January to April 2023, tourism revenue is estimated to have reached €417.6m, compared to €322m in the corresponding period of 2022, indicating a 29.7% increase.

The per capita expenditure of tourists in April 2023 amounted to €634.89, compared to €639.65 in April 2022, reflecting a slight decrease of 0.7%.

British tourists, Cyprus’ largest tourism market, which accounted for 36.3% of total tourists in April 2023, spent on average €79.51 per day.

In addition, Israeli tourists, the second-largest market for that specific month, comprising 9.9% of the total, spent an average of €120.23 per day. Polish tourists, the third-largest market for Cyprus with 6.7%, spent €77.67 per day.

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