Spain almost recovered in July the number of overnight stays in 2019

Spain tourism

Renta 4 |Spain overnight stays in July almost at levels of same month 2019

1-. The number of visitors to Spain in July was almost (-2%) on a par with that of the same month in 2019, although prices are very much higher (+21%).

2-. The figures are significantly better than in 2021 (+61%), confirming the trend of recovery of 2019 levels versus previous quarters: Q1’22 (-22%) and Q2’22 (-6%).

3-. International tourism is recovering pre-crisis levels, accounting for 2/3 of the total of overnight stays (44% in 2021). Tourists are mainly originating from the UK (17% of the total and on the same level as 2019), Germany (11% of the total and -8% vs 2019) and France (5% of the total and more than 2019).

Valuation:

We believe that the tourism data for Spain in the first month of the peak summer season is very positive.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.