Economy category powered by

Revenue from tourism drops 0.9% y-o-y in January

08:00 - 05 April 2024

Economy

Revenue from Tourism in January amounted to €45.2 million, marking an annual drop of 0.9% year on year, Cystat said.

Revenue from Tourism in January last year amounted to €45.6 million. Tourist arrivals in January 2024 declined by 2.9% compared with January last year.

However, the average expenditure per person was €513.52 in January 2024 compared to €503.8 in January 2023, recording an increase of 1.9%, Cystat added.

Tourists from the United Kingdom (the largest tourist market with 18.6% of the total tourists in January 2024) spent on average €52.73 per day, while tourists from Poland (the second largest market during the specific month with 18.2% of the total tourists) spent on average €67.90.

Tourists from Greece (the third largest market with 11,8%), spent on average €40.85 per day.

News Feed

Read More

CSC honours teachers participating in the 'Adopt a Ship' Educational Programme
Minthis Music Festival 2025 bringing top-calibre international artists to Cyprus
The Finals of the 1st Corporate Padel Tournament begin today
Association of Large Investment Projects: Reforms for a resilient economy, let's capitalise on positive developments
Parliament green lights €100m for 'haircut' depositors and bondholders
Economic sentiment in Cyprus deteriorated in June 2025, according to survey
Cyprus proposes suspending or cancelling certain taxations, President says ahead of EUCO
Cyprus Shipping Chamber welcomes entry into force of Hong Kong International Convention on Ship Recycling
Αgriculture Minister in the Netherlands to enhance bilateral cooperation
Law Office heads discuss rule of law issues with EU Commissioner McGrath