What's new

[PIO] Revenues from tourism: October 2023

39094.jpg





Tourism revenues +8.3%

Based on the results of the Travel Survey, tourism revenues in October 2023 amounted to €346.5 million compared to €319.8 million.

For the period January - October 2023, tourism revenues are estimated at €2,802.6 million compared to €2,285.2 million in the corresponding period of 2022, an increase of 22.6%.

For the period January - October 2023, tourism revenues are estimated at €2,802.6 million compared to €2,285.2 million in the corresponding period of 2022, an increase of 22.6%.


Expenditure analysis

The per capita expenditure of tourists in October 2023 amounts to €812.95 compared to €798.20 in October 2022, an increase of 1.8%.

British tourists (the largest tourist market with 36.2% of all tourists in October 2023) spent an average of €91.61 per day, while German tourists (the second largest tourist market in that month with 7.1% of the total) spent an average of €106.70. Tourists from Poland (third largest market with 6.7%) spent €86.50 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

[TR] [TD]

Country of Usual Residence[/B]

[/TD] [TD]

October 2022

[/TD] [TD]

October 2022

[/TD] [TD]

October 2022

[/TD] [TD]

October 2023

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

Arrivals

[/TD] [TD]

Average Length of Stay

[/TD] [TD]

Cost (€)

[/TD] [TD]

Expenditure (€)

[/TD] [TD]

Arrivals

[/TD] [TD]

Average Length of Stay

[/TD] [TD]

Cost (€)

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

Per Head

[/TD] [TD]

Per Day

[/TD] [TD]

Per Head

[/TD] [TD]

Per Day

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

TOTAL

[/TD] [TD]

400.628

[/TD] [TD]

8.7

[/TD] [TD]

798.20

[/TD] [TD]

91.75

[/TD] [TD]

426.272

[/TD] [TD]

8.7

[/TD] [TD]

812.95

[/TD] [TD]

93.44

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

Austria

[/TD] [TD]

13.202

[/TD] [TD]

7.6

[/TD] [TD]

1.018.39

[/TD] [TD]

134.00

[/TD] [TD]

13,924

[/TD] [TD]

7.9

[/TD] [TD]

1,114.98

[/TD] [TD]

141.14

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

Belgium

[/TD] [TD]

2.909

[/TD] [TD]

7.6

[/TD] [TD]

811.26

[/TD] [TD]

106.74

[/TD] [TD]

2.273

[/TD] [TD]

6.6

[/TD] [TD]

592.93

[/TD] [TD]

89.84

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

France

[/TD] [TD]

5.567

[/TD] [TD]

7.8

[/TD] [TD]

713.29

[/TD] [TD]

91.45

[/TD] [TD]

8.535

[/TD] [TD]

6.9

[/TD] [TD]

580.01

[/TD] [TD]

84.06

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

Germany

[/TD] [TD]

31.556

[/TD] [TD]

8.9

[/TD] [TD]

873.82

[/TD] [TD]

98.18

[/TD] [TD]

30.178

[/TD] [TD]

8.9

[/TD] [TD]

949.59

[/TD] [TD]

106.70

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

Δανία

[/TD] [TD]

10.968

[/TD] [TD]

8.1

[/TD] [TD]

919.75

[/TD] [TD]

113.55

[/TD] [TD]

11.041

[/TD] [TD]

7.1

[/TD] [TD]

793.83

[/TD] [TD]

111.81

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

Ελβετία

[/TD] [TD]

10.929

[/TD] [TD]

8.3

[/TD] [TD]

1.297.16

[/TD] [TD]

156.28

[/TD] [TD]

12,114

[/TD] [TD]

9.0

[/TD] [TD]

1,185.79

[/TD] [TD]

131.75

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

Greece

[/TD] [TD]

20.934

[/TD] [TD]

7.4

[/TD] [TD]

375.96

[/TD] [TD]

50.81

[/TD] [TD]

18.242

[/TD] [TD]

6.7

[/TD] [TD]

376.10

[/TD] [TD]

56.13

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

Hn. United States of America

[/TD] [TD]

3,743

[/TD] [TD]

15.6

[/TD] [TD]

1,285.23

[/TD] [TD]

82.39

[/TD] [TD]

4.001

[/TD] [TD]

10.3

[/TD] [TD]

831.88

[/TD] [TD]

80.77

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

United Kingdom

[/TD] [TD]

150.699

[/TD] [TD]

9.9

[/TD] [TD]

849.15

[/TD] [TD]

85.77

[/TD] [TD]

154.373

[/TD] [TD]

9.8

[/TD] [TD]

897.76

[/TD] [TD]

91.61

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

Israel

[/TD] [TD]

33.624

[/TD] [TD]

5.8

[/TD] [TD]

690.17

[/TD] [TD]

118.99

[/TD] [TD]

24.428

[/TD] [TD]

5.4

[/TD] [TD]

609.89

[/TD] [TD]

112.94

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

Italy

[/TD] [TD]

3.939

[/TD] [TD]

8.1

[/TD] [TD]

584.20

[/TD] [TD]

72.12

[/TD] [TD]

3.179

[/TD] [TD]

5.9

[/TD] [TD]

508.08

[/TD] [TD]

86.12

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

Lebanon

[/TD] [TD]

2.606

[/TD] [TD]

...

[/TD] [TD]

...

[/TD] [TD]

...

[/TD] [TD]

3.454

[/TD] [TD]

5.0

[/TD] [TD]

734.13

[/TD] [TD]

146.83

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

Norway

[/TD] [TD]

6.634

[/TD] [TD]

9.6

[/TD] [TD]

1,141.40

[/TD] [TD]

118.90

[/TD] [TD]

7.592

[/TD] [TD]

8.6

[/TD] [TD]

930.21

[/TD] [TD]

108.16

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

Netherlands

[/TD] [TD]

6.698

[/TD] [TD]

8.3

[/TD] [TD]

771.77

[/TD] [TD]

92.98

[/TD] [TD]

6.584

[/TD] [TD]

7.9

[/TD] [TD]

812.26

[/TD] [TD]

102.82

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

Poland

[/TD] [TD]

18.871

[/TD] [TD]

7.0

[/TD] [TD]

561.19

[/TD] [TD]

80.17

[/TD] [TD]

28.649

[/TD] [TD]

6.5

[/TD] [TD]

562.27

[/TD] [TD]

86.50

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

Sweden

[/TD] [TD]

14.642

[/TD] [TD]

8.6

[/TD] [TD]

876.29

[/TD] [TD]

101.89

[/TD] [TD]

16.288

[/TD] [TD]

8.7

[/TD] [TD]

777.32

[/TD] [TD]

89.35

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

Finland

[/TD] [TD]

5.422

[/TD] [TD]

7.7

[/TD] [TD]

871.27

[/TD] [TD]

113.15

[/TD] [TD]

6.315

[/TD] [TD]

7.5

[/TD] [TD]

826.44

[/TD] [TD]

110.19

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

Other Countries

[/TD] [TD]

57.685

[/TD] [TD]

8.7

[/TD] [TD]

676.27

[/TD] [TD]

77.73

[/TD] [TD]

75.102

[/TD] [TD]

9,4

[/TD] [TD]

782,72

[/TD] [TD]

83,27

[/TD] [/TR]

... : Data not available.

Methodological Information

Definitions

Tourists - Considered as visitors who stay at least one night in Cyprus

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 at 22602116 or at cpapageorgiou@cystat.mof.gov.cy.

(MS/EP)
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