Published on : Tuesday, November 20, 2018
It has already broken its 2017 record of 3.65 million visitors with two more months to go in 2018. Arrivals for the months January to October was 3.40 million in 2017as per the Cyprus statistical service (Cystat).
Authorities are confident that Cyprus could reach the record of four million visitors.
The largest market for Cyprus for the period January to October, 2018 is the U.K. (1,245,718), followed by Russia (752,267), and Israel (215,019).
In 2017, 3.65 million tourists spent an unprecedented 2.6 billion Euros.
In October alone, arrivals of tourists increased 6.6 per cent to 433,617 from 406,870 in October 2017.
Poland and Ukraine are the emerging tourist markets for Cyprus. It is considered as safer than its competitors Egypt, Tunisia, and Turkey which are facing a situation of unrest.
The tourism boom is helping the economy of Cyprus. It accounts for 15 per cent of the country’s gross domestic product and is fueling a quick recovery of its financial status.