Cyprus Business Now: tourism, fiscal surplus, AI, Stelios Foundation, ERA

Cyprus’ tourism revenue rose by 0.2 per cent in June 2026, despite tourist arrivals falling by 1.7 per cent, as higher spending per visitor offset the drop in visitor numbers.

Specifically, tourism revenue reached  €423.1 million , compared with  €422.3 million  in June 2025, according to figures released on Monday by the statistical service (Cystat).

Tourist arrivals declined to  489,965 , from 498,527 in the corresponding month of 2025.

However,