REVENUE FROM TOURISM - NOVEMBER 2023

 

Revenue From Tourism: November 2023

Revenue from Tourism +17,9% Based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism reached €113,7 mn in November 2023 compared to €96,4 mn in the corresponding month of the previous year, recording an increase of 17,9%. For the period of January – November 2023, revenue from tourism is estimated at €2.916,3 mn compared to €2.381,6 mn in the corresponding period of 2022, recording an increase of 22,5%. Expenditure Analysis The average expenditure per person was €712,63 in November 2023 compared to €643,38 in November 2022, recording an increase of 10,8%. Tourists from the United Kingdom (the largest tourist market with 26,8% of the total tourists in November 2023) spent on average €71,75 per day, while tourists from Poland (the second largest market during the specific month with 11,8% of the total tourists) spent on average €81,20. Tourists from Germany (the third largest market with 10,0%) spent on average €103,24 per day. Detailed statistics on the average expenditure of tourists per person and per day by country of usual residence are presented in the following table. Table   Country of Usual Residence November 2022 November 2023 Arrivals Average Length of Stay Expenditure (€) Arrivals Average Length of Stay Expenditure (€) Per Person Per  Day Per Person Per Day TOTAL 149.857 9,0 643,38 71,49 159.605 8,9 712,63 80,07 Austria 2.907 8,4 924,28 110,03 3.431 8,4 830,01 98,81 Belgium 1.265 7,3 448,31 61,41 902 u u u France 3.246 8,0 552,84 69,11 3.575 7,2 648,57 90,08 Germany 15.065 9,3 892,25 95,94 15.984 8,6 887,84 103,24 Denmark 375       1.355 7,9 922,78 116,81 Switzerland 2.053 8,4 876,18 104,31 2.288 7,6 1.066,48 140,33 Greece 15.190 8,4 373,90 44,51 15.475 6,9 379,94 55,06 United States 1.936 9,2 868,62 94,42 2.081 20,6 1.314,15 63,79 United Kingdom 38.265 11,0 708,02 64,37 42.724 11,1 796,39 71,75 Israel 17.380 3,2 485,41 151,69 6.228 12,3 876,48 71,26 Italy 1.616 7,1 621,24 87,50 1.829 5,6 542,46 96,87 Lebanon 1.929 5,9 723,71 122,66 2.035 u u u Norway 700 u u u 1.545 7,1 726,29 102,29 Netherlands 1.456 7,9 790,31 100,04 2.344 8,9 838,92 94,26 Poland 13.759 6,3 414,90 65,86 18.874 6,2 503,45 81,20 Sweden 1.640 7,6 745,13 98,04 2.131 8,4 715,88 85,22 Finland 669 u u u 1.402 7,0 743,55 106,22 Other Countries 30.406 11,9 683,49 57,44 35.402 7,8 684,48 87,75 u: Data with low reliability.   Methodological Notes Definitions Tourists: visitors who stay for at least one night in Cyprus. Tourist arrivals: the term refers to the number of trips and not to the number of people. This differs in the sense that one person can take more than one trips during the reference period. Revenue from Tourism: refers to the revenue from tourists during their visit in Cyprus. Source of Data and Coverage The data on the expenditure of tourists is obtained from the Passengers Survey which is carried out at the points of departure in Larnaka and Pafos airports. The data is collected through personal interviews with the use of an electronic questionnaire (CAPI method – Computer Assisted Personal Interviewing). The data covers all people in the Government controlled area of Cyprus. It does not include travellers who arrive and depart illegally via ports and airports in the occupied part of Cyprus. For more information, visit the CYSTAT Portal, subtheme Tourism, CYSTAT-DB (Online Database), Predefined Tables (Excel) and Methodological Information or contact Ms Lucy Panayidou at 22602152 or via email: lpanagidou@cystat.mof.gov.cy. (GS/NG)