What's new

[PIO] Revenues from tourism: February 2024

41492.jpg





Tourism revenues 15.0%

Based on the results of the Travel Survey, tourism revenues in February 2024 amounted to €65.1 million compared to €56.6 million in February 2024.

For the period January - February 2024, tourism revenues are estimated at €110.3 million compared to €102.2 million in the corresponding period of 2023, an increase of 7.9%.

For the period January - February 2024, tourism revenues are estimated at €110.3 million compared to €102.2 million in the corresponding period of 2023, an increase of 7.9%.


Expenditure analysis

The per capita expenditure of tourists in February 2024 amounts to €521.01 compared to €475.39 in February 2023, an increase of 9.6%.

British tourists (the largest tourist market with 24.6% of all tourists in February 2024) spent an average of €63.37 per day, while Polish tourists (the second largest tourist market in that month with 13.3% of the total) spent an average of €69.87. Tourists from Israel (third largest market with 10.6%) spent €113.36 per day.

Detailed data on the per capita and daily expenditure of tourists by country of usual residence are presented in the table below.


Table

[TD] [/TD] [TD] [/TD] [TD] [/TD]

[TR] [TD]

Country SSD[/B]

[/TD] [/TD] [TD] [TD]

February2023

[/TD] [TD]

February2024

[/TD] [/TR] [TR] [TD]

Arrivals

[/TD] [TD]

Average Length of Stay

[/TD] [TD]

Average Length of Stay

[/TD] [TD]

Cost (€)

[/TD] [TD]

Arrivals

[/TD] [TD]

Average Length of Stay

[/TD] [TD]

Cost (€)

[/TD] [/TR] [TR] [TD]

During Per Head

[/TD] [TD]

Per Day

[/TD] [TD]

Per Head

[/TD] [TD]

Per Day

[/TD] [/TR] [TR] [TD]

TOTAL

[/TD] [TD]

119.081

[/TD] [TD]

7.1

[/TD] [TD]

475.39

[/TD] [TD]

66.96

[/TD] [TD]

125.034

[/TD] [TD]

7.2

[/TD] [TD]

521.01

[/TD] [TD]

72.36

[/TD] [/TD] [/TR] [TR] [TD]

Austria

[/TD] [TD]

1.819

[/TD] [TD]

5,7

[/TD] [TD]

418,42

[/TD] [TD]

73,41

[/TD] [TD]

2.178

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [/TR] [TR] [TD]

Belgium

[/TD] [TD]

1.535

[/TD] [/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

557

[/TD] [TD]

557

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [/TR] [TR] [TD]

France

[/TD] [TD]

2.242

[/TD] [TD]

5.8

[/TD] [TD]

399.51

[/TD] [TD]

68.88

[/TD] [TD]

3.928

[/TD] [TD]

7.0

[/TD] [TD]

519.28

[/TD] [TD]

74.18

[/TD] [/TD] [/TR] [TR] [TD]

Germany

[/TD] [TD]

6.107

[/TD] [TD]

7.1

[/TD] [TD]

536.10

[/TD] [TD]

75.51

[/TD] [TD]

7.359

[/TD] [TD]

10.0

[/TD] [TD]

634.06

[/TD] [TD]

63,41

[/TD] [/TR] [TR] [TD]

Δανία

[/TD] [TD]

614

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

785

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [/TR] [TR] [TD]

Swiss

[/TD] [TD]

653

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

1.208

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [/TR] [TR] [TD]

u

[/TD] [TD]

15.058

[/TD] [TD]

6.7

[/TD] [TD]

317.21

[/TD] [TD]

47.34

[/TD] [TD]

12.835

[/TD] [TD]

7.9

[/TD] [TD]

396.69

[/TD] [TD]

50.21

[/TD] [/TD] [/TR] [TR] [TD]

United

States of America

[/TD] [TD]

1.770

[/TD] [TD]

13.0

[/TD] [TD]

822.76

[/TD] [TD]

63.29

[/TD] [TD]

1.562

[/TD] [TD]

8.3

[/TD] [TD]

717.85

[/TD] [TD]

86.49

[/TD] [/TD] [/TR] [TR] [TD]

United Kingdom

[/TD] [TD]

32.394

[/TD] [TD]

7.9

[/TD] [TD]

492.60

[/TD] [TD]

62.35

[/TD] [TD]

30.774

[/TD] [TD]

8.4

[/TD] [TD]

532.29

[/TD] [TD]

63.37

[/TD] [/TD] [/TR] [TR] [TD]

Israel

[/TD] [TD]

15.196

[/TD] [TD]

3.6

[/TD] [TD]

372.62

[/TD] [TD]

103.51

[/TD] [TD]

13.290

[/TD] [TD]

5.4

[/TD] [TD]

612.14

[/TD] [TD]

113,36

[/TD] [/TR] [TR] [TD]

Italy

[/TD] [TD]

750

[/TD] [TD]

5.9

[/TD] [TD]

447.06

[/TD] [TD]

75.77

[/TD] [TD]

1.555

[/TD] [TD]

3.5

[/TD] [TD]

308.67

[/TD] [TD]

88.19

[/TD] [/TD] [/TR] [TR] [TD]

Lebanon

[/TD] [TD]

1.675

[/TD] [TD]

7.7

[/TD] [TD]

720.29

[/TD] [TD]

93.54

[/TD] [TD]

1.905

[/TD] [TD]

6.8

[/TD] [TD]

792.55

[/TD] [TD]

116,55

[/TD] [/TR] [TR] [TD]

Norway

[/TD] [TD]

118

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

935

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [/TR] [TR] [TD]

Netherlands

[/TD] [TD]

1.411

[/TD] [TD]

7.9

[/TD] [TD]

548.59

[/TD] [TD]

69.44

[/TD] [TD]

1.536

[/TD] [TD]

11.1

[/TD] [TD]

614.98

[/TD] [TD]

55.40

[/TD] [/TD] [/TR] [TR] [TD]

Poland

[/TD] [TD]

11.728

[/TD] [TD]

5.7

[/TD] [TD]

365.42

[/TD] [TD]

64.11

[/TD] [TD]

16.591

[/TD] [TD]

5.2

[/TD] [TD]

363.32

[/TD] [TD]

69.87

[/TD] [/TD] [/TR] [TR] [TD]

Sweden

[/TD] [TD]

1.070

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

644

[/TD] [TD]

9.8

[/TD] [TD]

647.22

[/TD] [TD]

66,04

[/TD] [/TR] [TR] [TD]

Fineland

[/TD] [TD]

344

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

254

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [TD]

u

[/TD] [/TD] [/TR] [TR] [TD]

Other Countries

[/TD] [TD]

24.597

[/TD] [TD]

8.9

[/TD] [TD]

561.08

[/TD] [TD]

63.04

[/TD] [TD]

27.138

[/TD] [TD]

6.9

[/TD] [TD]

528.56

[/TD] [TD]

76,60

[/TD] [/TD] [/TR] [TR] [TD] [/TD] [TD] [/TD] [TD] [/TD] [TD] [/TD] [TD] [/TD] [TD] [/TD] [TD] [/TD] [TD] [/TD] [TD] [/TD] [/TR]



u: Data with reduced reliability.

METHODOLOGICAL INFORMATION

Definitions

Tourists - Visitors staying at least one night in Cyprus.

Tourist arrivals - The term refers to the number of visits and not to the number of persons.

Tourist arrivals - The term refers to the number of visits and not to the number of persons. This differs in the sense that a person may make more than one visit in the given reference period.

Tourism receipts - Refers to receipts from tourists during their trip to Cyprus.

Source of Data and Coverage

Data on tourist expenditure are derived from the Travelers' Survey which is conducted at the departure lounges of Larnaca and Paphos airports. The data is collected through personal interviews using an electronic questionnaire (CAPI - Computer Assisted Personal Interviewing method).

The data refers to the areas controlled by the State. They do not include travellers arriving and departing illegally through ports and airports in the occupied area of Cyprus.

For more information, interested parties can visit the Statistical Service Portal, under Tourism, CYSTAT-DB (Database), Predefined Tables (Excel), Methodological Information or contact Ms. Loukia Panagidou by phone at 22602152 or by email at lpanagidou@cystat.mof.gov.cy.

(NYAN/AF)
Contents of this article including associated images are owned by PIO
Views & opinions expressed are those of the author and/or PIO

Source

 
Back
Top