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British Tourists Lead, With Israel And Poland Following In Cyprus Tourism Surge

In a robust display of growth, July saw tourist arrivals in Cyprus climb by 6.9% year-over-year, with more than half a million visitors recorded. The latest figures from the state statistical service reveal that 589,116 tourists visited the island in July 2025, up from 551,229 in the same month last year.

Impressive Year-to-Date Growth

The upward trend is confirmed by a 10.4% increase in overall arrivals for the first seven months of 2025, which reached 2,432,129 compared to 2,203,704 during the corresponding period in 2024. This sustained growth underlines Cyprus’ continuing appeal as a premier tourist destination.

Key Source Markets

The United Kingdom remained the largest source of tourists in July, contributing 32.2% of the total with 189,730 visitors. Israel and Poland followed, accounting for 13% (76,557 arrivals) and 7.4% (43,713 arrivals) respectively. Other notable markets included Germany (4%), Sweden (3.5%), and Romania (2.9%).

Market Dynamics And Emerging Trends

The statistical data also highlight notable market variations. The Netherlands experienced the most significant increase in tourist arrivals at 44.3% compared to July 2024, while Poland and Romania saw robust growth rates of 23.3% and 23.6% respectively. In contrast, traditional markets such as Greece and Sweden witnessed declines of 20.8% and 13%, with France and Lebanon also showing notable downturns.

Visitor Profiles And Purpose Of Visit

Analyzing the purpose of travel, the vast majority of tourists (85.5%) visited Cyprus for holidays, followed by 11.6% coming to visit friends and relatives, and 2.8% on business. This distribution closely mirrors the trends from July 2024, albeit with minor shifts in percentages.

Resident Return Trends

Adding to the travel momentum, there was a 9.1% surge in the number of Cypriot residents returning from abroad in July 2025, totaling 186,987 compared to 171,382 the previous year. Greece emerged as the primary return destination, accounting for 36.8% of returning residents, followed by the United Kingdom and Italy.

Conclusion

These latest statistics underscore Cyprus’ dynamic tourism market and its growing appeal among international travelers. The continuing inflow of visitors from diverse markets, alongside strong resident travel performance, positions the island favorably in a competitive tourism landscape.

Cyprus-Based ASBIS Hits Record $1.05bn In Monthly Revenue, Up 216% Year On Year

The technology distributor ASBIS Group, headquartered in Limassol, has exceeded $1 billion in monthly sales for the first time in its history, reporting preliminary consolidated revenue of $1.05 billion in September 2026, more than three times the amount recorded a year earlier.

The figure represents a 216% increase from $332 million in September 2025, making it the highest-revenue month in the company’s history.

ASBIS reported its strongest sales growth in servers and server components, while CEO Serhei Kostevitch pointed to growing demand for artificial intelligence solutions and computing infrastructure as an opportunity for the business.

For a company operating across Europe, the Middle East and Africa, September marked a new sales milestone following several months of substantial year-on-year growth.

Kostevitch attributed the record performance to the group’s existing operations, highlighting its broad product portfolio, international market presence and strong relationships with manufacturers and trading partners.

“Most importantly, this result is the outcome of our regular operating activities,” he said.

The CEO also highlighted the company’s portfolio of projects as a reason for confidence in continued AI-related development.

However, the group’s growth was not limited to AI-related technologies. Smartphones also performed strongly in September, with Kostevitch stressing that “we are growing beyond the AI segment as well.”

Kazakhstan, the United Arab Emirates and Ukraine accounted for the largest shares of ASBIS’s September revenue, followed by Slovakia and Poland.

Growth Follows Record First Half

September’s results follow a period of strong financial performance for ASBIS.

In July, the company reported preliminary consolidated revenue of $531 million, an increase of 89% compared with the same month in 2025. August brought a further rise to $604 million, up 91% year on year.

September’s $1.05 billion figure represents a substantial increase on both months, although the company has not provided a detailed breakdown explaining the acceleration.

The results also follow a record first half of 2026, when ASBIS generated approximately $2.97 billion in consolidated revenue, up 76% year on year.

Net profit after tax reached $80.6 million, compared with $19.4 million in the same period in 2025.

The second quarter was particularly strong, with revenue reaching $1.69 billion, an increase of 78.7%, while quarterly net profit more than tripled to $44.3 million.

ASBIS has emphasised that its September revenue figures are preliminary estimates and may differ from the final reported results.

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