Cyprus tourism revenue up 17.6% y-o-y in April

15:13 - 03 July 2023

Economy

Cyprus’ tourism revenue reached €217.6m in April 2023, compared to €185.1m in the same month last year, marking a 17.6% increase, according to CySTAT.

For the period January to April 2023, tourism revenue is estimated to have reached €417.6m, compared to €322m in the corresponding period of 2022, indicating a 29.7% increase.

The per capita expenditure of tourists in April 2023 amounted to €634.89, compared to €639.65 in April 2022, reflecting a slight decrease of 0.7%.

British tourists, Cyprus’ largest tourism market, which accounted for 36.3% of total tourists in April 2023, spent on average €79.51 per day.

In addition, Israeli tourists, the second-largest market for that specific month, comprising 9.9% of the total, spent an average of €120.23 per day. Polish tourists, the third-largest market for Cyprus with 6.7%, spent €77.67 per day.

Makis Kervanos: Sanctions Unit will strengthen financial system protection

Trade deficit up 2.3% in first five months of 2025

Step-by-step: The Foreign Direct Investment screening procedure

Chief Scientist strengthens Cyprus’ innovation standing as regional gateway to Europe during UAE visit

Deputy Shipping Minister promotes Cyprus bid for IMO in London visit

Water from desalination plants in Moni on 22 July

Sklavenitis Cyprus honoured with Invest Cyprus International Investment Award

Marfields Group receives Invest Cyprus International Investment Award

"There is no limit to what we can achieve together," President Christodoulides tells international investors

Eurobank S.A. among top honourees at 13th Invest Cyprus International Investment Awards

Cyprus tourism revenue up 17.6% y-o-y in April

News Feed

Read More