Cyprus tourism revenue hits new high

Cyprus tourism stakeholders are rejoicing as revenues continue to soar, surpassing the 2019 levels, considered the island’s peak year for tourism, according to data from the Statistical Service. The travelers’ survey for

Tourism revenue boosting economy

Highlighting the sector’s pivotal role in the economy, official forecasts predict an increase in tourism’s contribution to the GDP this year to 12.8%, up from 12.2% in 2022. Tourist arrivals for January


Tourism revenue jumps 27%

Revenue from tourism recorded an increase of 26.9% for the first seven months to July, compared to the same period in 2022, according to official data. Tourism income up to July is estimated


Halloumi makes over 20% of export revenue

Halloumi cheese exports during the first four months of 2023 reached €111.8 mln, which equals 20.49% of the value of Cypriot exports, said Minister of Agriculture Petros Xenophontos. Addressing the 4th Halloumi

May tourism revenue jumps 40.7%

A substantial annual increase of over 40% was recorded in tourism revenue for May as holiday arrivals climbed. According to the official data, tourism revenue in May – when 420,000 tourists arrived


Tourism revenue spikes 60%

Income from tourism reached €45.6 mln in January, easily surpassing the revenue from tourists last year and 2019, which set a record for Cyprus. Based on the results of the Passenger Survey

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