Economy category powered by

Tourism revenue up 6% in September year on year

Tourism revenue in September 2024 recorded a 6% increase, compared to September last year. For the first nine months of 2024 an increase of 4.9% was also recorded, compared to the same period in 2023.

Based on the results of the Passengers Survey carried out by Cystat, revenue from tourism reached €454.1m in September 2024, recording an increase of 6% as compared to the corresponding month of the previous year (€428.4m).

For the period of January – September 2024, revenue from tourism is estimated at €2,575.9m compared to €2,456.1m in the corresponding period of 2023, recording an increase of 4.9%.

Expenditure Analysis

The average expenditure per person was €891.29 in September 2024 compared to €879.13 in September 2023, recording an increase of 1.4%.

Tourists from the United Kingdom, the largest tourist market with 35.5% of the total tourists in September 2024, spent on average €112.35 per day, while tourists from Israel, the second largest market during the specific month with a share of 10.7% of the total, spent on average €150.63. Tourists from Poland, the third largest market with an 8.3% share, spent on average €88.96 per day. 

Read More

Dr Nakis Antoniou: Larnaca is standing on the cusp of transformation
Three new arrivals at Metropolis Mall including Cyprus' first Vero Moda store
Deputy Minister celebrates traditional Cypriot products at the Resi Festival (pics)
Retail trade up 5.6% in both value and volume in March
Cyprus records €580.6m budget surplus in Q1 2025
Altia: Successful Annual Business Lunch with Real Estate Partners
Tender for 5-star Hotel & Apartments in Geroskipou
Cyprus’ Generation Z Speaks: First insights from Leonidas Alexandrou’s landmark study
Final investment on Cyprus gas project could come next year, says TotalEnergies CEO
Jamie Oliver Kitchen Limassol presents: A unique wine tasting experience with Santa Margherita