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Tourism revenue up 5.5% in first four months of 2024

Tourism revenue for the first four months of 2024 saw a notable increase of 5.5% compared to the same period in 2023, while April's revenue remained stable. According to the results of the Passengers Survey conducted by the Statistical Service of Cyprus, tourism revenue in April 2024 amounted to pound 217.4 million, showing a slight decrease of 0.1% compared to April 2023 (pound 217.6 million). For the period from January to April 2024, tourism revenue is estimated at pound 440.7 million, compared to pound 417.6 million for the corresponding period in 2023, marking a 5.5% increase. Increase in per capita expenditure in April -------------------- The average expenditure per tourist in April 2024 increased by 2.6% to pound 651.69 compared to pound 634.89 in April 2023. British tourists, who constituted the largest tourist market with 35.3% of the total tourists in April 2024, spent an average of pound 81.21 per day. Israeli tourists, the second largest market with 10.7% of the total, spent an average of po und 140.03 per day. Polish tourists, who were the third largest market with 7.6%, spent an average of pound 80.67 per day. The highest daily per capita expenditure for April 2024 was recorded by tourists from Switzerland at pound 144.35, followed by Belgium at pound 141.70 and Israel at pound 140.03. The lowest daily per capita expenditure was noted among tourists from Greece at pound 43.28, Italy at pound 74.11, and Sweden at pound 76.93. Source: Cyprus News Agency