Economy category powered by

Tourist arrivals in Cyprus up by 33% annually in May

Tourist arrivals for Cyprus reached 420,076 in May 2023 compared to 315,018 in May 2022, recording an increase of 33.3%, according to data published by CySTAT.

In particular, arrivals from the United Kingdom were the main source of tourism for May 2023, with a share of 36.6% (153,797) of total arrivals, followed by Israel with 8.9% (37,442), Poland with 7.3% (30,835), Germany with 6.2% (25,916), and Sweden with 5.2% (21,837).

For a percentage of 82.1% of visitors, the purpose of their trip in May 2023 was holidays, for 11.3% it was to visit friends and relatives, and for 6.5% the purpose of their trip was business.

It's worth noting that tourist arrivals in 2023 have shown an increase every month from January to May, compared to the same months of 2022. For the period of January – May 2023, tourist arrivals totaled 1,156,705 compared to 849,058 in the corresponding period of 2022, recording an increase of 36.2%.

Fewer Cyprus residents travelled abroad

---------------------

Moreover, a total number of 126,583 residents of Cyprus returned from a trip abroad in May 2023 compared to 135,661 in the corresponding month last year, recording a decrease of 6.7%.

The main countries from which residents of Cyprus returned in May 2023 were Greece with a share of 31.4% (39,738), the United Kingdom with 10.1% (12,739), Italy with 5.6% (7,098), and Germany with 4% (5,095).

The purpose of travel for the residents of Cyprus in May 2023 was mainly holidays, with a percentage of 64.8%, while 28.5% of Cypriot residents travelled abroad for business reasons, 3.6% for studies and 3.1% for other reasons 3.1%.

(Source: CNA)

Read More

Board elects Michalis Louis as new CEO of Hellenic Bank with immediate effect
Shareholders elect new Hellenic Bank board of directors
EIB Vice President in Cyprus for two loan agreements for CUT
Century Travel exclusively represents Cyprus in CLIA Cruise Week 2024 with cruise offers and expert insights
Cyprus Marine Club hosts first Get Together after summer break
Supreme Court issues unanimous decision to suspend Auditor General for “improper conduct”
Cyprus and Greece to share potential interconnector geopolitical cost 50/50
CBN Young Dragon Awards –Awards Committee meets
CIM-Cyprus Business School's 2024-2025 Advisory Board convenes for the first time
Cyprus to participate in the UN's 'Summit of the Future'