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Cyprus Tourism Revenue Rises 39.9% in April 2025 Amid Global Gains

Cyprus has reported a substantial surge in tourism revenue during April 2025, registering €304.2 million and marking a robust 39.9% increase from April 2024’s figures. The latest figures, derived from the state statistical service’s passengers survey, signal a significant rebound and continued growth in the island nation’s tourism sector.

Strong Monthly Performance

The marked improvement in April’s revenue not only underscores strategic market positioning but also reinforces Cyprus’s appeal as a premier destination. With the previous month’s revenue at €217.4 million, the leap to €304.2 million illustrates how targeted initiatives and favorable market conditions are positively influencing tourist spending.

Year-to-Date Growth Momentum

The impressive performance extends beyond a single month. From January through April 2025, tourism revenue reached an estimated €582.5 million, an increase of 32.2% compared to the €440.7 million recorded during the same period last year. Additionally, the average expenditure per person saw an uptick, rising from €651.69 to €726.42, reflecting increased consumer confidence and willingness to invest in quality travel experiences.

Diverse International Market Dynamics

Tourists from diverse international markets are fueling this growth. While the United Kingdom remains the largest market, accounting for 36.3% of total arrivals and showcasing daily spending of €89.33, significant contributions also emerged from Israel and Germany, with the former delivering a 15.2% share and daily expenditures of €140.08, and the latter a 7.1% share with €103.23 per day. Further enhancing the revenue mix, high-spending visits were recorded from Lebanon, Switzerland, and the United States, each contributing uniquely to the overall financial uplift.

Visitor Demographics and Spending Trends

The surge in tourist numbers is equally remarkable. April 2025 saw a total of 418,730 arrivals compared to 333,563 in April 2024. The trend was further bolstered by a slight increase in the average length of stay, rising to 7.7 days from 7.4 days. Detailed analyses indicate that European markets such as Austria, Belgium, France, and others, while varying in spending habits, collectively underscore strong engagement with tourist offerings. Notably, Swiss visitors led with the highest per person expenditure of €1,098.41, while American tourists exhibited a longer average stay that translated into elevated overall spend.

Overall, these figures highlight Cyprus’s strategic positioning and its ability to attract a diverse tourist base, contributing to a robust recovery and future growth in the travel and tourism sector. The sustained rise in revenue and visitor engagement reinforces the island’s status as a lucrative and appealing destination on the global stage.

Evel Elects New President As Maria Theocharous Takes Over For 2026–2029 Term

Maria Theocharous has been elected president of the Limassol Chamber of Commerce and Industry (Evel), taking over from Yiannis Tsouloftas for a three-year term covering 2026–2029. Theocharous previously served as the chamber’s vice-president for tourism.

The leadership transition marks a new chapter for one of Cyprus’ main regional business organisations, with the new board set to represent the district’s key economic sectors.

New Leadership Emphasises Cooperation

The chamber’s annual meeting brought together government, business and local authority representatives, including Energy, Commerce and Industry Minister Michael Damianos, Cyprus Chamber of Commerce and Industry (Keve) president Stavros Stavrou, Limassol district local government organisation president Yiannis Tsouloftas and Limassol mayor Yiannis Armeftis.

Speakers highlighted the importance of closer cooperation between public authorities and businesses in supporting Limassol’s economic development.

Representatives of the Cyprus Shipping Chamber (CSC) also congratulated Theocharous on her election and thanked the outgoing president for his cooperation. The CSC described Evel as a longstanding partner, noting the chamber’s contribution to Limassol’s business development over more than six decades.

Tsouloftas Reviews Six Years As President

In his final address, Tsouloftas reviewed the chamber’s work between 2020 and 2026, highlighting its advocacy for major infrastructure projects and efforts to address development challenges across the district.

He also outlined initiatives to remove obstacles facing local businesses, accelerate development plans and improve the conditions for economic activity.

Tsouloftas will remain involved as immediate past president, providing continuity during the transition.

New Board Covers Key Business Sectors

The new board includes representatives responsible for the chamber’s main portfolios:

  • Ilikos Charalambous, vice-president for commerce
  • Vasos Demetriades, vice-president for industry
  • Christos Nicolaou, vice-president for services
  • Nicolas Agiomamitis, vice-president for tourism
  • Ilias Theodorou, vice-president for finance
  • Demosthenes Mavrellis, vice-president for innovation and technology
  • Ilias Neocleous, honorary secretary

Other board members are Minos Agathocleous, Marios Antoniou, George Demetriou, Anastasios Kounoudis, Marios Constantinou, Xanthos Nemptsas, Antonis Pappas, Charalambos Pattichis, Chrysis Petousis, Farah Shammas, Andreas Tsouloftas and Kyriacos Hadjiathanasiou.

Costas Ioannides, Agathi Katsi, Anna Petraki, Filippos Filis and Tonis Hadjiloucas have been appointed members by distinction. The chamber also highlighted the growing participation of women in business leadership and decision-making.

Chamber Recognises Longstanding Contributions

The annual meeting also recognised businesses and individuals for their contributions, including members who have maintained continuous membership for 50 years.

Tributes were paid to three former contributors to the chamber, Tonis Antoniou, Dimi Mavropoulos and Andreas Laou, in recognition of their service.

Under Theocharous’ leadership, Evel begins its 2026–2029 term with a board covering commerce, industry, services, tourism, finance and innovation. Its priorities include continuing to represent Limassol businesses and advocating for the investment and cooperation needed to support the district’s economic growth.

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