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Cyprus Chamber of Commerce and Visa Team Up to Unveil New Tourist-Spending Data

Feb 24, 2026
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Cyprus Chamber of Commerce and Visa Team Up to Unveil New Tourist-Spending Data
The Cyprus Chamber of Commerce and Industry (Keve) and global payments giant Visa announced on 23 February an information event entitled “Cyprus Tourism Trends – Through the Lens of Visa,” to be held in Nicosia on 9 March. The seminar will reveal anonymised transaction insights showing where, when and how foreign visitors spend on the island. By analysing billions of card swipes, Visa’s economists will map seasonality shifts, high-growth segments such as medical tourism and digital-nomad spending, and the rebound of key source markets after pandemic and geopolitical shocks. Organisers promise year-over-year comparisons that senior hotel managers, destination-management companies and corporate travel buyers can use to refine pricing and marketing strategies. For mobility professionals, the session offers actionable intelligence on traveller behaviour that can feed into relocation allowances, per-diem benchmarking and duty-of-care planning. Early teaser figures suggest a 15 % surge in winter transactions from Nordic visitors and a doubling of contactless payments in inter-city buses—signals that may influence fleet deployment and ancillary service design. Attendance is free but requires online registration by 5 March. Spaces are expected to fill quickly given Visa’s granular datasets and Keve’s ability to convene both public- and private-sector stakeholders. Similar Visa-backed forums in Greece and Portugal have previously driven targeted investment in transportation links and airport lounge upgrades. The initiative aligns with Cyprus’s goal of attracting 4.5 million visitors in 2026 and moving upmarket. Companies with exposure to the island’s MICE and leisure sectors should monitor the findings closely to stay ahead of consumer-spending shifts.
Source: Cyprus Inform

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