A significant increase of 40.7% on an annual basis was recorded in tourism revenue, based on the results of the Traveler Survey of the Cyprus Statistical Service.

According to the official data, tourism revenue in May 2023 amounted to €311.0 million compared to €221.0 million in the corresponding month of the previous year, marking an increase of 40.7%.

For the period of January - May 2023, tourism revenues amounted to €728.6 million, marking a notable 34.2% surge compared to the corresponding period in 2022 when it was €543.0 million.

Per capita spending up 5.5%

Per capita spending by tourists in May 2023 was €740.36, showing a rise of 5.5% compared to €701.44 in May 2022.

British tourists, constituting the largest tourist market with 36.6% of total tourists in May 2023, spent an average of €89.83 per day. Israeli tourists, the second-largest market with 8.9% of the total, spent an average of €136.11 per day. Polish tourists, as the third-largest market with 7.3%, spent €79.46 per day.

Tourists from Lebanon had the highest per capita daily spending in May, with €193.89, followed by Austrian tourists with €123.07, Dutch tourists with €120.53, and tourists from the United States with €119.97.