Economy category powered by

Revenue from tourism at €45.6 million in January 2023

Revenue from tourism amounted to €45.6 million in January 2023, significantly surpassing the revenue from tourism in January last year, as well as in January 2019, a record year for Cypriot tourism.

On the basis of the results of the Passenger Survey carried out by the Statistical Service (Cystat), revenue from tourism reached €45.6 mn in January 2023 compared to €28.2 mn in the corresponding month of the previous year, recording an increase of 61.7%

Compared with January 2019, revenue from tourism marked an increase of 15%. Tourist arrivals in January and February this year, surpassed the respective arrivals of the first months of 2019.

According to Cysat, the average expenditure per person was €503.83 in January 2023 compared to €641.01 in January 2022, down by 21.4%.

Tourists from the United Kingdom (the largest tourist market with 20.6% of the total tourists in January 2023) have spent on average €49.84 per day, while tourists from Israel (the second largest market during the specific month with 16.6% of the total tourists) spent on average €145.63.

Tourists from Poland (the third largest market with 12.3%), spent on average €62.61 per day, Cystat added.

(Source: CNA)

Read More

MHV-owned Nikki Beach Resort & Spa Porto Heli welcomes 2025 with a unique offer
President speaks of "historic day" as Cabinet greenlights right to vote from 17
Alphamega Hypermarkets expands its presence with new store in Mandria, Paphos
Projects worth over €12m planned for Oroklini
Trump says he is open to Musk buying TikTok if Tesla CEO wants to do so
3rd Cyprus Architecture, Interior Design and Property Awards open call continues until 7 February
Successful Green Line Trade Week continuing, organisers say
EU Council approves amendments to Cypriot Recovery and Resilience Plan
Cypriot MEP Hadjipantela and Egypt's FM discuss EU macro-financial assistance
US air force assessment team to visit Cyprus this week, Spokesperson says