Philenews

Cyprus Tourism: From Recovery to Outperformance in 2024

Published January 18, 2026, 07:15
Cyprus Tourism: From Recovery to Outperformance in 2024

Tourism in Cyprus is experiencing a dynamic recovery and outperformance, remaining one of the most stable and productive pillars of the economy. 2023 saw a significant increase in arrivals and revenue, and 2024 is expected to continue this upward trend. Increased hotel occupancy and steady demand indicate a positive trend. A key factor is the increase in average daily revenue per room, which demonstrates an upgrade of the tourism product. The main markets supporting tourism are Germany, the United Kingdom, Central Europe, Israel, and the Scandinavian countries. Cyprus's stability, rich history and cultural heritage, clean seas and beaches, and gastronomy are important advantages in attracting tourists.