Judit Montoriol Garriga (Caixabank Research) | Global international tourism has grown very significantly in recent quarters and is very close to recovering pre-pandemic levels: in Q1 2024 it was only 3% below 2019 levels, according to the UN tourism barometer. The Spanish tourism sector was among the first to recover: among the world’s top 10 destinations, Spain was the second country, after Turkey, to surpass pre-pandemic international tourist numbers. Thus,…

Each tourist spent an average of €1,263 in May, 7.3% more than in 2023. According to the National Statistics Institute (INE), Spain received 9.3 million international tourists in May, 11.5% more than in the same month in 2023. In the month analysed, the United Kingdom was the main country of residence of tourists arriving in Spain, with more than 1.9 million tourists and an increase of 5.7% compared to May…

Spain received 38.7 million passengers in the first five months of the year, which is 13.6% more than in the same period of 2023, according to data published today by Turespaña, which highlights the good performance of distant markets such as Canada, China and Chile, with increases of more than 35% in the month of May. In the fifth month of the year, the good trend of the beginning has…

The blue flag, which recognises the best beaches every year for the good state of the water, the high level of beach services and the safety of bathers, will fly this summer on 638 Spanish beaches, which keeps Spain as the world leader for the last 30 consecutive years. The Association for Environmental and Consumer Education (Adeac), promoter of the initiative, has published this Tuesday the data for 2024 where…

Spain received 6.3 million international tourists in March, 21% more than in the same month of 2023. In the first three months of 2024 (1Q2024), the number of tourists visiting Spain increased by 17.7% year-on-year to more than 16.1 million. According to data from the National Statistics Institute (INE), The United Kingdom was the main country of origin, with more than 1.2 million tourists and an increase of 13.3% compared…

Caixabank Research| The tourism sector has had a strong start to 2024. International arrivals in February were 15.9% above the same month of 2019, while international tourist expenditure attained a level 26.7% above that of February 2019. Demand for tourism services is holding up despite the strong increase in tourism related prices: CPI hotel prices in February increased by 9.0% year-on-year, attaining a level 32.2% above the same month of…

Intermoney| The INE (National Institute of Statistics) published the data on tourist arrivals in Spain in the month of February on Tuesday, with more than 5 million international tourists, exceeding by +16% the data of 2023 and +14.4% those of 2019. Moreover, the average expenditure per tourist increases by +8.5% vs. Feb ́23 and +27% vs. Feb ́19. The main countries of residence of tourists visiting Spain in January were:…

Intermoney: The INE published on Friday the hotel business activity data for the month of February. Highlights: Overnight stays: Hotel overnight stays in February exceeded 18.5mn, exceeding those of 2023 by +10% and those of 2019 by +12%.Occupancy: Average occupancy stood at 53.1% (+3% year-on-year).Average revenue per occupied room (ARR): €106.7/room (+7% year-on-year and +28% against 2019)Average revenue per available room (RevPAR): €50/room (+14% year-on-year and +36% against 2019). Overnight…

CdM| Spain closed the year with a new record in tourist arrivals, as all forecasts had predicted. According to National Statistics Institute (INE) data published today, a total of 85.1 million tourists visited Spain in 2023, an increase of 18.7% over the previous year, reports Europa Press. Comparing this figure with 2019, before the pandemic, tourist arrivals were 1.9% higher. The British and French are at the head of tourist…

BancaMarch: The Governor of the Bank of Spain (BdE) warns of the medium-term risks to the tourism sector and the conditions necessary to maintain competitiveness. Pablo Hernández de Cos spoke at the 10th Tourism Innovation Forum, referring to the importance of an economic policy framework that favours legal certainty. In a context of high growth in unit costs, which particularly affects a labour-intensive sector, coupled with falling productivity, this could…