The recovery of international tourism in Spain after the pandemic

Rationale International tourism indicators in Spain are consolidating their recovery towards pre-pandemic levels, after virtually all restrictions on international travel were lifted. Against this background, the changes observed in tourists’ country of origin and travel behaviour should be analysed...

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Detalles Bibliográficos
Autores: García Esteban, Coral, Gómez Loscos, Ana, Martín Machuca, César
Tipo de recurso: artículo
Fecha de publicación:2023
País:España
Institución:Banco de España
Repositorio:Repositorio Institucional del Banco de España
OAI Identifier:oai:repositorio.bde.es:123456789/29461
Acceso en línea:https://repositorio.bde.es/handle/123456789/29461
Access Level:acceso abierto
Palabra clave:Economía de la Unión Europea
International tourism
Overnight stays
Tourism expenditure
Industria turística y hotelera
Macroeconomía y economía monetaria
E00
F19
Descripción
Sumario:Rationale International tourism indicators in Spain are consolidating their recovery towards pre-pandemic levels, after virtually all restrictions on international travel were lifted. Against this background, the changes observed in tourists’ country of origin and travel behaviour should be analysed. Takeaways •Tourist flows are yet to fully recover 2019 levels, essentially due to the continued weakness in long-haul tourism, particularly from Asia. •However, tourism receipts have already reached pre-crisis levels, driven in part by Spain attracting more visitors with greater spending power, as borne out by the rising proportion of higher quality hotel accommodation. •The expectations for the next three months are somewhat cautious due to the uncertainty prompted by the deteriorating economic outlook and the upsurge in inflation. In the long-term, international tourism flows will be shaped by the sector’s capacity to continue improving the quality of its tourism offering.