Economy category powered by
Revenue from tourism drops 0.9% y-o-y in January
08:00 - 05 April 2024
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
6 hours, 8 minutes ago Economy
Dr Nakis Antoniou: Larnaca is standing on the cusp of transformation1 day, 6 hours ago People
Kyriakos Eleftheriou: Cyprus has plenty of grant money but it comes with constant oversight and strict conditions1 day, 6 hours ago Companies
Three new arrivals at Metropolis Mall including Cyprus' first Vero Moda store1 day, 6 hours ago Current Affairs
Deputy Minister celebrates traditional Cypriot products at the Resi Festival (pics)1 day, 21 hours ago People
Sir Stelios Haji-Ioannou announces acquisition of easyHotel.com by Tristan Capital Partners1 day, 21 hours ago Economy
Retail trade up 5.6% in both value and volume in March1 day, 22 hours ago Economy
Cyprus records €580.6m budget surplus in Q1 2025