Revenue from tourism up in first five months, slight drop in May

14:03 - 30 July 2024

Economy

Revenue from tourism showed an annual increase in the first five months of the year, but recorded a slight decrease in May.

According to the Statistical Service, based on the results of its Passengers Survey, revenue from tourism reached €310.5m in May 2024, recording a minor decrease of 0.2% compared to the corresponding month of the previous year (€311.0m).

For the period of January – May 2024, revenue from tourism is estimated at €751.2m compared to €728.6m in the corresponding period of 2023, recording an increase of 3.1%.

The average expenditure per person was €736.82 in May 2024 compared to €740.36 in May 2023, recording a decrease of 0.5%.

Tourists from the United Kingdom, the largest tourist market with 39.8% of the total tourists in May 2024, spent on average €83.18 per day. At the same time, tourists from Israel, the second largest market during the specific month with 7.9% of the total tourists, spent on average €161.66.

Tourists from Poland, the third largest market with 7.6%, spent on average €86.40 per day.

Revenue from tourism up in first five months, slight drop in May

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