33.5% increase in number of tourists in first 8 months – NSO

Published by
The Malta Business Weekly

Inbound tourists for the first eight months of 2023 amounted to 1,986,260, an increase of 33.5 per cent over the same period in 2022. Total nights spent by inbound tourists went up by 25.0 per cent, almost reaching 13.6 million nights,  the NSO said Wednesday.

Total tourist expenditure was estimated at €1.8 billion, 36.2 per cent higher than that recorded for 2022. Total expenditure per capita increased to €888 from €871 in 2022.

Total inbound tourists for August 2023 were estimated at 371,511, an increase of 18.3 per cent when compared to the corresponding month in 2022.

During the month under review, a total of 354,155 inbound tourists visited Malta for holiday purposes, and 6,391 tourists came for business purposes. The largest share of inbound tourists were aged between 25 and 44 (37.2 per cent), followed by the 0-24 age bracket (37.0 per cent). Italian, United Kingdom, and French residents made up 53.2 per cent of total inbound tourists.

Total nights spent went up by 13.0 per cent when compared to August 2022, surpassing 2.9 million nights. The largest share of guest nights (83.1 per cent) was spent in rented accommodation establishments. The average length of stay of total inbound tourists stood at 7.8 nights.

Total tourist expenditure exceeded €393.4 million, an increase of 22.4 per cent over the corresponding month in 2022. The average expenditure per night was estimated at €135.6.

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

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