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

Makis Kervanos: Sanctions Unit will strengthen financial system protection
Trade deficit up 2.3% in first five months of 2025
Meeting under President on defence strengthening via EU-US programmes
Step-by-step: The Foreign Direct Investment screening procedure
Cypriot FM signs MoU on historic visit to Tanzania
Energy Minister visits “Valaris DS-9” drillship in block 10 (video)
Chief Scientist strengthens Cyprus’ innovation standing as regional gateway to Europe during UAE visit
Deputy Shipping Minister promotes Cyprus bid for IMO in London visit
EC report: Progress in Cyprus' justice reform but must separate Law Office powers
Water from desalination plants in Moni on 22 July