Record August revenue for Cyprus tourism hits €511.4 million

Cyprus recorded its highest-ever tourism revenue for the month of August this year, reaching €511.4 million.

This marks a 5.9 per cent increase compared to August 2023, which saw €483 million in revenue, according to a report released this week from the Cyprus Statistical Service (Cystat).

The service reported that, according to its latest traveller survey results, tourism revenue reached €2.12 billion during the January–August period, a 4.6 per cent rise from €2.02 billion in the same period in 2023.

However, the per capita spending of tourists saw a decrease. In August 2024, the average spend per tourist was €921.59, down 2.4 per cent from €944.51 in August 2023.

British tourists, who represented the largest tourist group at 34.7 per cent of total visitors in August 2024, spent an average of €100.58 per day.

Israeli tourists, the second largest group at 13.3 per cent, spent an average of €112.87 per day.

Moreover, Polish tourists, making up 7.7 per cent of the market, spent €90.54 per day on average.

Tourists from Austria registered the highest daily spending at €132.74, followed by those from France at €116.70 and Israel at €112.87.