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Tourism sector

Aena tourism

Spanish economy 18th October 2016

Is Spain’s Tourism Sector Reaching Its Limits?

The latest figures from Spain’s airports manager AENA, reflecting the importance of the tourism industry, support the estimations given by the Secretary of State for Tourism,  which point to a total of 74 million international tourists by end-2016. If the predictions are confirmed, there will be eight million more international tourists visiting Spain in 2016 compared to a year earlier, when there was a record number of 68 million. But can Spain’s tourism regions survive this widespread growth?

touristTC

Spanish economy 17th August 2016

The Tourism Boom

No day goes by without us being told how wonderful this year’s tourism campaign is going to be, in terms of the millions of visitors and the billions of euros it will generate. The tourism campaign is focused on the third quarter, when everyone and their aunt is getting sunburnt. There are many more jobs, workers are needed, and this is reflected in the increase in the number of hours worked, normal and extra.

cameron rajoy

In Europe 28th June 2016

The Impact Of Brexit On The Spanish Economy

The UK has been a member of the European Union club for 43 years and Spain 30. In those long period both countries have created a special relationship highlighted by the huge inflow of tourists as well as migrants and the substantial amount of Spanish direct investment there. Afi’s analysts explain which points of the Spanish economy will be the most affected by the UK decision to leave EU and to what extent?
turisteo

Spanish economy 25th April 2016

Spanish Tourism Industry Has Grown By 31% Since 2009

It’s unheard of Spain’s tourism sector, which many experts said was stagnant and mature ten years ago, has not only massively recovered but continues to beat records from one year to the next in terms of numbers of international tourist arrivals. Since it touched bottom in 2009, with 52.2 million foreign tourists, the sector has not stopped growing any year. In 2015, numbers reached 65 million, up 31% in comparative terms.

spain tourist1

Spanish economy 10th October 2015

Spain marks new record in tourist arrivals

After seven years of crisis, Spain’s economic model is tending towards what it was in the past. The country ‘s tourism industry is a leader in terms of competitiveness. Furthermore, last summer the sector performed the best it has for a decade.

Demanda domestica1TC

In Europe 31st March 2015

Retail sales show improvement in Germany and Spain

The Corner | March 31, 2015 | German and Spanish retail sales have improved markedly compared with this time last year. Unemployment figures for the euro zone are expected to fall slightly, while results of EU inflation figures will be keenly monitored in the wake of the ECB’s sovereign bond purchasing programme, launched earlier this month.

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Spanish economy 28th November 2014

Foreign tourists starting to flock back to Spain

MADRID | The Corner | According to the tourist expenditure survey EGATUR, foreign tourists spent €56.374 billion in Spain in the first ten months of 2014, an increase of 7% compared to the same period in 2013, and a new record. The increase, however, is due to a greater influx of visitors.

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Spanish economy 28th July 2014

Foreign tourists in Spain spend 7.8% more until June

MADRID | The Corner | They keep coming and, more important, they spend more money, which adds to the recovery. Foreign tourists visiting Spain spent €2.63 billion in the first semester, a 7.8% more than in the same period of 2013, according to official data. British citizens are the biggest spenders, followed by the Germans. Tourism is a crucial sector of Spanish economy, accounting for more of 10% of GDP.