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Trending Insights: EU’s Tourist Overnight Stays Q1 2025

EU tourism nights in the first quarter of 2025

The first quarter of 2025 saw a subtle dip in EU tourist overnight stays, totaling 452.4 million, a slight decrease of 0.2% from the same period in 2024. January ushered in a positive start with 139.0 million nights, a 3.5% increase year-on-year. However, February and March saw declines, hitting 147.7 million and 167.7 million nights respectively.

According to Eurostat data, these variations are linked to calendar shifts, particularly the timing of school holidays and Easter celebrations.

Foreign visitors formed a significant segment in overnight stays, constituting around 45.6%. Cyprus impressively hosted 85.7% foreign visitors, trailing only behind Malta.

Notably, foreign overnight stays slightly rose by 1.1%, while domestic stays fell by 1.3%. Countries like Latvia and Malta recorded the steepest increases in foreign guests, while Ireland and Croatia experienced considerable downturns.

Cyprus Loan Growth Accelerates To 14% In September

Lending in Cyprus accelerated in September, with the annual growth rate of total loans reaching 14%, up from 11.8% in August. Deposits also recorded a stronger monthly increase, according to the Central Bank of Cyprus (CBC).

Total deposits rose by a net €697.1 million to €60.2 billion at the end of September. Total loans increased by €857.8 million to €29.6 billion, according to the CBC’s October 2026 Monetary and Financial Statistics.

Deposit Growth Strengthens

Deposits recorded a monthly increase of €697.1 million, more than four times the €171.5 million rise in August. However, the annual growth rate remained unchanged at 6.5%.

Deposits held by Cyprus residents increased by €639.9 million. Household deposits rose by €93.8 million, while deposits held by non-financial corporations grew by €373 million. Other domestic sectors contributed a further €173.1 million.

Annual Loan Growth Reaches 14%

Total loans increased by a net €857.8 million in September, compared with €114.6 million in August. The annual growth rate accelerated to 14%, up from 11.8% a month earlier.

Lending to Cyprus residents rose by €470.8 million. Loans to households increased by €52.2 million, while lending to non-financial corporations grew by €110.1 million. Other domestic sectors recorded a larger increase of €308.5 million.

The figures cover deposits and loans held by monetary financial institutions in September 2026.

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