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.