Revenue from tourism up 11.7% for Q1, 2024

Revenue from tourism is estimated at pound 223.3 mn for the period of January - March 2024, compared to pound 200 mn in the corresponding period of 2023, recording an increase of 11.7%, according to data published on Monday by the Statistical Service. Based on the results of the Passengers Survey carried out by the Statistical Service, in March, revenue from tourism reached pound 113 mn, compared to pound 97.8 mn in the corresponding month of the previous year, recording an increase of 15.5%. The average expenditure per person was pound 558.88 in March 2024 compared to pound 530.72 in March 2023, recording an increase of 5.3%. Tourists from the United Kingdom, the largest tourist market with 31.8% of the total tourists in March 2024, spent on average pound 73.49 per day, while tourists from Poland, the second largest market during the specific month with 10.4% of the total tourists, spent on average pound 75.86. Tourists from Germany, the third largest market in March 2024 with 9.8%, spent on average poun d 98.66 per day. Tourists from Greece 9% of the market, spent on average pound 43.37 per day. Finally, tourists from Israel, the fifth place on the market with 8.2%, spent on average pound 143.21 per day. Source: Cyprus News Agency