Cyprus experienced a significant decline in tourism revenue in April 2026, with earnings falling 35.1% year-on-year to €197.5 million, down from €304.2 million in April 2025. The January to April period also saw a 23.9% drop in tourism revenue to €443 million compared to €582.5 million in the same period last year, according to data from the Statistical Service (Cystat).

The decrease is attributed to a sharp reduction in tourist arrivals, which fell to 303,031 in April 2026 from 418,730 the previous year. Average tourist spending also declined by 10.3%, with daily expenditure dropping from €94.34 to €80.47. Despite tourists staying slightly longer on average, the extended stays were insufficient to compensate for the decline in numbers and spending.

The United Kingdom remained Cyprus' largest tourist market, accounting for 39.2% of arrivals, although British visitors decreased to 118,742 from 151,883. Other key markets, including Poland, Germany, Israel, and Greece, also recorded lower arrivals and reduced spending. In contrast, Belgium showed a modest increase in tourist arrivals, though overall the tourism sector continues to face significant challenges in revenue generation.