Spain among top 5 world’s tourism industries
GENEVA | France fell four places from third in 2011 to seventh, while Spain climbed to fourth from eighth.
Tourism sector
Spain breaks 2007 July-August foreign tourist rate record
Latest data on foreign tourist numbers bring some degree of relief to an economically hurting Spain. Levels of visits have this summer approached 2007 figures. Madrid must apply VAT increases with care on the sector.
Nothing wrong with tourism
When you hear tourism in Spain, you may imagine local mayors receiving bribes from developers to re-qualify a piece of natural landscape that will be lost for ever. Think again. It is a strong, diverse and worth-a-fight industry.
Euro zone enters half of top 10 Visa spenders during London Olympics
LONDON | Kevin Burke, director at Visa Inc, believes that the Olympics work as a showcase for athletics, and the same goes for tourism. Burke released Wednesday data on Visa accounts spending levels of international travelers during the second week of the London 2012 Games, which reached $716.7 million. The figures mark a steady line, the total being $1.4 billion. Visitors from the US lead the top 10 list, some…
It’s sunny over Spain’s hotel industry
MADRID | The hotel sector in Spain has released its June data. It’s mainly positive news, in line with the optimistic expectations of the financial City of Madrid and efforts of the industry to reactivate the domestic demand without missing foreign tourist interest. Year on year, tourist visit rate increased by 4.7 percent to six million. Accumulated growth in the first half of 2012 was of 2.9 percent to 25.1…
Emerging economies heat up global tourism activity
How To Get Your Ex Girlfriend Back In the last six years citizens’ expenditure from emerging and fast growing economies in international tourism services has more than doubled, whereas in the G7’s it has barely grown. The gap in the aggregate expenditure is closing very fast, according to BBVA recent research. While in 2005 the total of the emerging block was only a quarter of the G7’s, in 2011 it was more…
The end of the Arab Spring effect on Spain’s tourism industry
More tourists so far than last year, but a downward move in traditionally important markets for Spain’s tourism sector. The accumulate figures this year from January to April indicate a rise of 1.1 percent in foreign tourists, with a total of 13.7 million, coming to Spain comparing to the same period in 2011. But April brought a fall in numbers by 4.5 million or 1.7 percent less foreign tourists in contrast…
Friday’s Spanish graph: hopeful Easter
The slowdown in the European cycle begins to appear on the figures about tourism in Spain. The drop in flow of foreign tourists from Germany and the UK, with a share of above 35% of the total, weighs down in part the evolution of total inflow of tourists during the first two months of the year. Yet, until now, we are only witnessing a containment in the growth rate after a exceptionally good 2011, considering it is a period of crisis, analysts…
Spanish hotels must be booming
They are thriving, actually. National statistics office INE on Friday published January’s data for the hotel sector in Spain and figures were all bright, a repeated event that has lately become a relief spot and an anchor for the economy of the country. Foreign tourist numbers were up by 4.6pc year on year to 2.78 million, average revenue per room rose by 0.1pc to €68.3 million, and occupation was 37.4pc…
The rain in Spain is fairly plain
By Julia Pastor, in Madrid | The bank with the greater economic weight in the euro zone is Spanish, Spain’s national football team won the World Championship, and so did the national basket team; the number two in the tennis ranking is from Majorca, Spanish chefs are in the covers of the most important newspapers of the world, foreign tourists and no tourists adore the jamón ibérico… The history of…