The Cyprus Statistical Service has reported the tourism income for the first quarter of 2024.
According to the latest data, foreign visitors contributed €223.3 million to the state treasury, marking an 11.7% increase compared to the same period in 2023, when the income stood at €200 million.
March was especially notable, as it set a new record for tourism revenues. The income for the month reached €113 million, the highest in the last 23 years. This was €15.2 million, or 15.5%, higher than March 2023. This is also the best result since March 2001, when statistics on tourism revenues were first recorded. The second-highest revenue was recorded in March 2018, amounting to €110 million.
Average Tourist Spending Increases in Cyprus
It is also interesting to note that tourists' spending in Cyprus increased by an average of 5.3% in March 2024, reaching €558.88 per person compared to €530.72 in the same month last year.
Top Spenders in March 2024
The highest-spending tourists in March 2024 were those from Israel, with an average of €143.21 per day. However, Israeli visitors stayed the shortest, with an average stay of just four days.
The second spot was shared by tourists from Germany and Austria, both spending an average of €91.92 per day. These visitors stayed longer, averaging about six days on the island.
Here is a breakdown of the other countries with the highest spending:
Netherlands: €82.13 per day, average stay of 8.8 days
Poland: €75.86 per day, average stay of 8 days
United Kingdom: €73.49 per day, average stay of 7 days
France: €73.23 per day, average stay of 6.4 days
Greece: €43.37 per day, average stay of 9.8 days
This data highlights Cyprus' growing popularity as a top destination for international travelers. With increasing tourism revenue and rising spending, the island continues to attract visitors from around the world.
Renting a Car in Cyprus
Whether you’re visiting for a short getaway or a longer stay, renting a car is one of the best ways to explore Cyprus at your own pace. For the best car rental deals on the island, check out secrental.com. With a user-friendly interface, a wide selection of vehicles, and attractive prices, it ensures maximum comfort during your trip around Cyprus.
