Decline in Cyprus Tourism Revenue Due to Loss of Israeli Visitors
June 3, 2026
Cyprus faced a significant decrease in tourism revenue in the first quarter of 2026, primarily due to the loss of tourists from Israel. Revenue dropped by 11.8% compared to the previous year, totaling 245.5 million euros. Arrivals from Israel plummeted drastically, negatively impacting overall earnings. The situation worsened due to attacks that caused concern and travel advisories. Tourism stakeholders are now focusing on last-minute bookings, but competition from other countries is high.