In 2024, Cyprus tourism industry achieved a new record

Despite global challenges, Cyprus achieved unprecedented tourism results in 2024, making it an important year. Costas Koumis, the deputy minister of tourism, reported that October arrivals were up 26% from 2022, and that the year-over-year arrivals were up 4.6%. Arrivals increased by 26.7% and revenues by 31.1% during the course of two years.

Koumis credited a large portion of the industry's success to travel agents and commended its capacity to withstand financial challenges, political instability, and airline interruptions. In order to satisfy changing traveler demands, he noted the government's increased investment in tourism and encouraged travel package innovation.

Keve President Stavros Stavrou described 2024 as an “excellent year” but urged solutions for seasonality issues, such as expanding winter airline routes and maintaining open hotels. He also emphasized the need for direct links to markets like the U.S., China, and Japan.

ACTA President Harris Papacharalambous noted the sector’s significant contribution to GDP and its ability to adapt, though he warned of challenges like high operational costs and connectivity gaps.

Looking ahead, Cyprus plans to diversify offerings with cultural, gastronomic, and sustainable tourism to build on its success and attract visitors year-round.