Cyprus' tourism revenue declined by 3.4% in August 2026, as lower spending by British visitors offset gains from other markets.
According to the Statistical Service, tourism revenue reached €562 million in August, down from €581.8 million in August 2025.
For the period January to August 2026, tourism revenue totalled €2.32 billion, representing a 6.2% decrease compared with €2.47 billion during the same period last year.
Meanwhile, average tourist spending remained virtually unchanged. Per-capita expenditure in August stood at €965.81, compared with €966.41 a year earlier.
British market weighs on revenues
The decline in tourism income was largely influenced by lower spending from visitors from the United Kingdom, which remained Cyprus' largest source market in August, accounting for 30.5% of total arrivals.
British tourists spent an average of:
- €104.13 per day
- €1,062.12 per trip
Average per-capita spending by British visitors was €132.90 lower than in August 2025.
Spending by key markets
Israel, Cyprus' second-largest tourism market in August with 23.3% of arrivals, recorded an increase in average per-capita spending, which reached €892.20.
Polish visitors spent an average of €729.93, down from €740.38 in August 2025.
Spending by tourists from Greece also declined by 3.8% compared with the previous year.
Strong gains from US and Swiss visitors
The largest increase was recorded among visitors from the United States, where average per-capita spending almost doubled from €849.70 in August 2025 to €1,691.60 in August 2026.
Significant increases were also recorded from:
- Switzerland: €1,423.77, up from €1,254.87
- Belgium: €1,064.54, up from €918.56, representing a 15.9% increase
The figures suggest that while overall visitor spending remained stable, shifts in spending patterns across key markets, particularly the UK, continued to affect Cyprus' overall tourism revenue performance.
Source: CNA
