Tourism revenue in Cyprus declined in August 2026

Official data released by the Statistical Service of Cyprus indicates that tourism revenue for August 2026 reached €562.0 million, marking a 3.4% decrease compared to the €581.8 million recorded in August 2025. Despite the drop in overall revenue, the average per capita expenditure remained stable at €965.81, showing minimal change from the €966.41 reported during the same month the previous year.

The decline in revenue was largely attributed to a significant reduction in spending by tourists from the United Kingdom, which remains the primary source market, accounting for 30.5% of total arrivals. While British tourists spent an average of €104.13 daily, their total per capita expenditure dropped by €132.90 compared to the previous year. Conversely, the second-largest market, Israel, saw an increase in per capita expenditure to €892.20. Polish tourists, the third-largest group, recorded a decrease in per capita spending to €729.93.

For the cumulative period of January to August 2026, tourism revenue totaled €2,319.8 million, reflecting a 6.2% decrease compared to the €2,472.9 million earned in the first eight months of 2025. The data highlights a challenging period for the tourism sector, reflecting shifts in visitor spending behavior across key European and regional markets.