Tourism Revenue in Cyprus Surges to €407.9 Million in October 2024, Marking a 17.7% Growth

by THEFUTURE.TEAM

January 3, 2025

Tourism revenue in Cyprus reached an impressive €407.9 million in October 2024, showcasing a robust 17.7% year-on-year growth compared to October 2023, according to the Cyprus Statistical Service.

Record-Breaking Figures for October

Average expenditure per tourist climbed to €888.47 in October 2024, up 9.3% from €812.95 in the same month last year. The United Kingdom continued to dominate as the largest source market, contributing 36.3% of total tourist arrivals.

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Key Tourist Markets

United Kingdom: Tourists spent an average of €114.99 per day.
Poland: The second-largest market, accounting for 8.1% of arrivals, with daily spending at €85.41.
Germany: The third-largest market, representing 7.6% of arrivals, with tourists spending €109.22 daily.

Broader Trends in 2024

From January to October 2024, total tourism revenue is estimated at €2,983.8 million, reflecting a 6.5% increase from €2,802.6 million during the same period in 2023.

Additional Insights

In October alone, Cyprus welcomed 459,106 tourist arrivals. Visitors stayed an average of 8.4 days, with a daily expenditure of €105.77.

These figures underscore the continued growth of Cyprus’ tourism sector, driven by higher spending per visitor and strong performance from key source markets.

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Only 1% Of Cyprus Farms Use Precision Farming Technologies

by THEFUTURE.TEAM

July 24, 2026

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

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Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

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