The resurgence of Spain’s tourism industry is a story of remarkable recovery and resilience
Jun 4, 2024
The Spanish hotel industry is poised to continue its remarkable recovery, building on an already impressive performance in 2023 that has eclipsed its pre-pandemic highs of 2019.
Key takeaways
- In 2023, Spain’s tourism sector not only rebounded but flourished, exceeding expectations with a nominal expenditure that surpassed the 2019 season;
- The resilience of the market, despite challenges such as high inflation and a shifting global landscape, underscores Spain as a robust destination for both leisure and investment;
- “The resilience of domestic tourism, coupled with the recovery of international visitors, particularly in the last quarter, offers a positive outlook for the future,” highlights David Bóveda, a hotel asset manager and author of the report.
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