Israelis top Cyprus tourist spending at 174 euros a day
Data from Cyprus shows that Israeli tourists have the highest daily spending rate on the island, despite having shorter average trip durations. The Israeli market has become increasingly vital to the Cypriot tourism sector, accounting for over 20% of arrivals in July.
Why it matters
The shift in tourism demographics highlights the economic interdependence between Israel and Cyprus during peak travel seasons.
Israeli tourists may not stay long in Cyprus, but while they are there, they spend more than anyone else. New data published by Cyprus’ Statistical Service shows that an Israeli tourist spent an average of 174.27 euros per day in June, the highest figure among the countries for which reliable data was published. By comparison, Polish tourists spent 84.37 euros per day, while British visitors spent 103.98 euros. The high daily spending, however, tells only part of the story. Israeli tourists stayed in Cyprus for an average of just 3.9 days in June, compared with an overall tourism-market average of 8.2 days. As a result, total spending per Israeli visitor over the course of a trip stood at 679.65 euros, below the overall average of 863.62 euros per tourist. The gap with some nationalities was especially striking.
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