REVENUE FROM TOURISM - JANUARY 2024

 

Revenue from Tourism: January 2024

Revenue from Tourism -0,9%  Based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism reached €45,2 mn in January 2024 compared to €45,6 mn in the corresponding month of the previous year, recording a decrease of 0,9%.     Expenditure Analysis The average expenditure per person was €513,52 in January 2024 compared to €503,83 in January 2023, recording an increase of 1,9%. Tourists from the United Kingdom (the largest tourist market with 18,6% of the total tourists in January 2024) spent on average €52,73 per day, while tourists from Poland (the second largest market during the specific month with 18,2% of the total tourists) spent on average €67,90. Tourists from Greece (the third largest market with 11,8%), spent on average €40,85 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 January 2023 January 2024 Arrivals Average Length of Stay Expenditure (€) Arrivals Average Length of Stay Expenditure (€) Per Person Per Day Per Person Per Day Total 90.549 8,6 503,83 58,58 87.961 8,2 513,52 62,62 Austria 624 8,9 721,12 81,02 832 u u u Belgium 376 u u u 249 u u u France 1.537 5,4 441,65 81,79 1.647 6,8 417,71 61,43 Germany 3.897 13,1 682,37 52,09 2.952 10,2 697,67 68,40 Denmark 607 u u u 420 u u u Switzerland 548 8,1 623,06 76,92 976 7,8 732,75 93,94 Greece 10.459 9,8 352,52 35,97 10.384 8,8 359,48 40,85 United States 1.616 14,3 713,78 49,91 1.660 9,8 960,66 98,03 United Kingdom 18.631 11,4 568,13 49,84 16.321 11,0 580,03 52,73 Israel 14.991 3,3 480,59 145,63 9.148 5,7 674,56 118,34 Italy 952 u u u 1.150 9,1 485,00 53,30 Lebanon 1.868 7,0 768,72 109,82 2.156 6,1 654,31 107,26 Norway u u u u 247 u u u Netherlands 1.131 u u u 1.028 9,6 504,80 52,58 Poland 11.166 4,8 300,55 62,61 15.978 5,1 346,27 67,90 Sweden 1.090 u u u 498 11,1 550,07 49,56 Finland 178 u u u 182 u u u Other Countries 20.878 10,7 597,67 55,86 22.133 8,4 552,42 65,76 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 persons. This differs in the sense that one person can take more than one trips during the reference period. Revenue from Tourism: It 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 persons 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 CYSTAT Portal, subtheme Tourism, CYSTAT-DB (Online Database), Predefined Tables (Excel), Methodological Information or contact Ms Lucy Panayidou at 22602152 or via email at lpanagidou@cystat.mof.gov.cy (MS/IA)