Revenue from tourism showed an annual increase in the first five months of the year, but recorded slight decrease in May.
According to the Statistical Service of Cyprus, based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism reached pound 310.5 mn in May 2024, recording a minor decrease of 0.2% compared to the corresponding month of the previous year (pound 311.0 mn).
For the period of January – May 2024, revenue from tourism is estimated at pound 751.2 mn compared to pound 728.6 mn in the corresponding period of 2023, recording an increase of 3.1%.
The average expenditure per person was pound 736.82 in May 2024 compared to pound 740.36 in May 2023, recording a decrease of 0.5%.
Tourists from the United Kingdom, the largest tourist market with 39.8% of the total tourists in May 2024, spent on average pound 83.18 per day. At the same time, tourists from Israel, the second largest market during the specific month with 7.9% of the total tourists, spent on a
verage pound 161.66.
Tourists from Poland, the third largest market with 7.6%, spent on average pound 86.40 per day, CyStat said.
Source: Cyprus News Agency