The Statistical Service of Cyprus has published its latest report on tourism activity for May 2024, revealing a slight increase in visitor numbers, but a decrease in average tourist spending.
Tourist Arrivals Up Slightly in May 2024
According to official statistics, 421,400 tourists visited Cyprus in May 2024, up from 420,076 during the same month last year — marking a 0.3% increase in arrivals.
However, tourism revenue dropped by 0.2%, from €311 million in May 2023 to €310.5 million in May 2024. This indicates that while more people are coming to Cyprus, they are spending slightly less during their stay.
How Much Are Tourists Spending in Cyprus?
The average tourist expenditure in May 2024 was €736.82, compared to €740.36 in May 2023 — a 0.5% decrease.
On a daily basis, the decline in spending suggests a shift in traveler behavior, possibly due to changing economic conditions or travel habits.
Despite the slight monthly dip, overall tourism revenue from January to May 2024 increased by 3.1%, reaching €751.2 million compared to €728.6 million in the same period last year. This reflects a positive year-to-date trend in Cyprus’s tourism sector.
Top 10 Tourist Markets Visiting Cyprus in May
The most frequent visitors in May 2024 came from the following countries:
United Kingdom
Israel
Poland
Austria
Switzerland
Germany
France
Greece
Belgium
Finland
Average Daily Spending by Country
Israel – €161.66/day
Switzerland – €144.88/day
Belgium – €122.63/day
Austria & Germany – €107.26/day
France – €104.09/day
Finland – €103.22/day
Poland – €86.40/day
United Kingdom – €83.18/day
Greece – €38.03/day
These figures reflect spending on accommodation, food, transport, and leisure activities, highlighting Israelis, Swiss, and Belgians as the highest spenders.
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Even as spending shifts, Cyprus remains a top destination in the Mediterranean, offering sun, culture, and value to travelers from around the world.
Stay tuned for more travel insights and updates on Cyprus!
