Economy · Cyprus

Tourism revenue in Cyprus down 35% in April 2026

11 sourcesFirst reported 23 days agoUpdated 21 days ago

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Tourism revenue in April 2026 fell by 35.1% compared to April 2025.
The decline represents a drop from €304.2 million to €197.5 million.
The decrease is attributed to the impact of the conflict in the Middle East.
Visitor arrivals also decreased significantly, with reductions of 27.6% in April.
The Deputy Minister of Tourism acknowledged that the situation was expected.

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In April 2026, Cyprus experienced a significant decline in tourism revenue, reporting a drop of 35.1% compared to the same month in the previous year. The total revenue fell to €197.5 million from €304.2 million in April 2025, as indicated by data from the Statistical Service. This downturn marks the most substantial decrease since March 2021 and comes as a result of decreased tourist arrivals linked to the ongoing conflict in the Middle East.

According to government officials, including Deputy Minister of Tourism Kostas Koumis, the decline in tourism revenue was anticipated given the preceding global instability caused by the war in Iran. Measures have reportedly been implemented to mitigate the financial impact on the sector. The Parliamentary Committee on Energy, Commerce, Industry, and Tourism also discussed the ramifications of the crisis, with some lawmakers questioning the accuracy of loss estimates provided by the government. The overall losses in the tourism industry over the two months leading up to April are estimated to exceed €150.5 million.

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30 June

Cyprus tourism suffers losses of €150.5 million due to the Iran conflict.

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Tourism revenue in Cyprus down 35% in April 2026

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