Tourism GDP reached 159,490 million euros final yr, 1.4% above that of 2019, in accordance with ExcelturThe employers’ affiliation of enormous corporations within the sector signifies that 61% of the expansion of the Spanish financial system is defined by tourismWith the restoration of exercise, the contribution of tourism to the Spanish financial system final yr was 12.2%, 4 tenths lower than three years in the past
The tourism GDP in Spain has closed 2022 with 159,490 million euros, 1.4% larger than in 2019, in accordance with the quarterly report on ‘Tourism Perspectives’ from the Alliance for Tourism Excellence (Exceltur), offered this Tuesday at a convention of prey.
Therefore, the contribution of tourism to the Spanish financial system final yr was 12.2%, bettering the 5.8% of 2020, however under the 12.6% of 2019.
Domestic demand drives restoration
In 2022, nationwide demand has been the primary help for the restoration of tourism exercise after a rise in journeys beginning in April. In international demand, Latin American markets have had a powerful impression on worldwide gross sales.
By sectors, motels, extra trip than city ones, and industries associated to leisure have been probably the most outstanding, bettering the turnover of 2019. On the opposite, the segments of transport, automobile rental and journey companies haven’t recovered the pre-pandemic stage.
Within a normal enchancment in all Spanish locations, the communities with the best presence of coastal vacation tourism are those who register the perfect efficiency in 2022. The Balearic Islands, the Canary Islands and Andalusia within the solar and seashore communities and all of Green Spain (Asturias , Cantabria and Galicia), in addition to Extremadura, Aragon and Castilla-La Mancha.
On the opposite hand, international demand skilled a powerful restoration in 2022 in comparison with 2019, with higher depth in its earnings (-3.8% till November) than when it comes to inflow (-14.6%). This has been on account of an extended keep (+5.1%), value will increase and higher habits and choice for extra premium tourism merchandise.
The Central European markets, along with Ireland (+7.2%), Portugal (+5.9%), France (+0.6%) and Mexico (+17.6%) in lengthy distance, closed 2022 with the best restoration when it comes to quantity of resort in a single day stays in Spain.
As for 2023, the primary Exceltur estimates place the tourism GDP at 7.1% above the yr 2019, as much as 168,453 million euros. Even so, this determine can be under the restoration of the remainder of the Spanish financial system.