Revenue from tourism records annual increase of 4.3% in July

Revenue from tourism recorded an annual increase of 4.3% in July.

Based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism reached pound 474.0 mn in July 2024, recording an increase of 4.3% compared to the corresponding month of the previous year (pound 454.6 mn).

For the period of January – July 2024, revenue from tourism is estimated at pound 1,610.4 mn compared to pound 1,544.7 mn in the corresponding period of 2023, recording an increase of 4.3%.

The average expenditure per person was pound 859.95 in July 2024 compared to pound 867.96 in July 2023, recording a decrease of 0.9%.

Tourists from the United Kingdom (the largest tourist market with 33.9% of the total tourists in July 2024) spent on average pound 95.02 per day, while tourists from Israel (the second largest market during the specific month with 12.9% of the total tourists) spent on average pound 140.24. Tourists from Poland (the third largest market with 6.4%), spent on average pound 86.02 p
er day.

Source: Cyprus News Agency