Record tourism revenue fuels Cyprus growth

Cyprus’ tourism sector has fully rebounded, surpassing pre-pandemic levels and boosting the country’s economy. In 2024, the island welcomed over 4 million international visitors, breaking its 2019 record, while tourism revenue rose to €3.2 billion. The momentum continued into 2025, with visitor numbers up nearly 15 per cent in the first five months of the year and spending growing by over 27 per cent. The UK remained the top source of tourists, followed by Israel, Germany, Poland, Sweden, and Greece.

Tourism plays a vital role in Cyprus, accounting for roughly 10–12 per cent of GDP and supporting nearly one-fifth of national employment. Hotel occupancy rates regularly exceed 80 per cent in the summer, and short-term rentals in coastal areas continue to grow. Strong demand has been supported by increased flights to Larnaca and Paphos and the expansion of low-cost and charter routes.

Globally, travel has also returned to near pre-pandemic levels, with Europe as the most visited region. Cyprus benefits from its strong European visitor base, making it one of the EU’s most tourism-intensive destinations, with an estimated 17 overnight stays per resident. This record-breaking tourism performance highlights Cyprus as a top destination and a key contributor to the country’s economic growth.