Cyprus Tourism Revenue Shows Resilience – Which Tourists Spent the Most and Which Spent the Least?
Kouzalis LLC, Your Cyprus Lawyers, examines how Cyprus Tourism Revenue Shows Resilience – Which Tourists Spent the Most and Which Spent the Least? In this article, we analyse the latest developments in the Cyprus tourism sector and explain what these figures could mean for Investment in Cyprus, the Cyprus Property Market, and Buying Property in Cyprus.
Encouraging News for the Cyprus Tourism Industry
There are positive signs for the Cyprus economy as the tourism sector continues to demonstrate resilience. Although tourism revenue remains below last year’s levels, the decline has eased significantly compared to previous months, when the ongoing situation in the Middle East had a noticeable impact on visitor arrivals and tourism income.
According to the latest Traveller Survey, tourism revenue in May 2026 reached €355.2 million, representing a 4.8% decrease compared to €373.3 million recorded in May 2025. During the first five months of 2026, total tourism revenue amounted to €798.2 million, compared to €955.8 million during the corresponding period in 2025, reflecting a 16.5% reduction.
Despite these figures, the latest data indicates that Cyprus continues to attract visitors who contribute significantly to the local economy through strong levels of spending.
Which Tourists Spent the Most?
While total tourism revenue declined, visitor expenditure remained remarkably stable.
The average expenditure per tourist in May 2026 reached €779.42, almost identical to the figure recorded in May 2025.
The United Kingdom remained Cyprus’ largest tourism market, accounting for 36.3% of all visitors. British tourists spent an average of €102.23 per day, while Israeli visitors, representing 11.8% of arrivals, recorded the highest daily expenditure among the island’s major tourism markets at €178.18 per day.
Among other nationalities, average daily expenditure was as follows:
- Swiss visitors – €137.41
- Belgian visitors – €136.56
- Austrian visitors – €117.11
- French visitors – €116.57
- Dutch visitors – €113.80
- German visitors – €104.38
Looking at the total expenditure per visitor, the highest spending tourists were:
- Switzerland – €975.62
- Netherlands – €955.93
- United Kingdom – €909.81
- Germany – €835.05
- Finland – €818.66
- Denmark – €817.64
Which Tourists Spent the Least?
The lowest average daily expenditure during May 2026 came from visitors from:
- Greece – €60.91
- Poland – €85.41
- Italy – €88.48
Although Polish tourists continue to represent Cyprus’ third largest tourism market, their average daily expenditure remained considerably lower than that of visitors from several other European countries.
What Does This Mean for Cyprus?
These figures demonstrate that Cyprus continues to attract high-value visitors from important European markets despite regional challenges. Strong visitor spending supports local businesses, hospitality, and the wider economy, while also strengthening confidence in the Cyprus Property Market.
For those considering Property Investment in Cyprus, Buying Property in Cyprus, or expanding their business activities on the island, positive tourism performance remains an important economic indicator. Continued investment in tourism infrastructure and quality services is expected to enhance the attractiveness of Cyprus Properties and encourage further Investment in Cyprus.
At G. Kouzalis LLC, Cyprus Property Lawyers and Lawyers in Cyprus, we closely monitor economic developments that may influence the property market and investment opportunities throughout Cyprus.
The above is not legal advice and is provided for information only. We accept no liability arising to any person for any loss or damage suffered through using this information.
Disclaimer: This article is provided for informational purposes only and does not constitute legal advice. Readers are advised to consult with legal professionals for advice specific to their individual circumstances.
For more information, you may contact G. Kouzalis LLC, your Cyprus Property Lawyers and Lawyers in Cyprus, for advice on Property Investment in Cyprus, the Cyprus Property Market, or any other legal matter by email at lawfirm@cytanet.com.cy or by calling +357 23811788. Our experienced team is here to provide professional legal support for all your Cyprus legal requirements.