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Tourism revenue in Cyprus is approaching 2019 levels

Estimated tourism revenues in Cyprus for January to November 2022 reached €2.3 billion

Larnaca Harbor, CyprusLarnaca Harbor, Cyprus. Photo by Artur Koichurenko

A report by the Cyprus Statistical Service (Cystat) showed that the estimated tourism revenues in Cyprus for January to November 2022 reached €2.3 billion, nearing pre-pandemic levels.

The report reflects a significant improvement compared to the previous years. In 2021, tourism revenues were €1.45 billion, while the travel restrictions during the pandemic in 2020 resulted in a reduced amount of €382.9 million generated from tourism.

During the same time period in 2019, which was a record year for Cypriot tourism, revenues reached €2.62 billion. However, the Statistical Service reported that in November 2022, tourism receipts were €96.4 million, a decrease of 7.5% compared to the €104.2 million recorded in November 2021.

Furthermore, the November arrivals reached 149,857 visitors with an average stay of 9 days. Each tourist’s per capita expenditure was €643.38, and their daily expenditure was €71.49.

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