Government forecasts estimate that spending will remain just €10,500 million lower to add €81,800 million in revenue for the tourism sector
Foreign tourists have returned to Spain after two very difficult years for the sector with the pandemic. And they have done so in a volume few expected as the coronavirus crisis erupted nearly three years ago now, closing 2022 with the visit of 71.5 million tourists according to government forecasts, more than double the number expected arrived last year. .
Despite the good numbers revealed by Industry, Commerce and Tourism Minister Reyes Maroto this Wednesday, foreign tourism is believed to still be 12 million people away from those who visited Spain in 2019, a record year for the sector, when 83, 7 million arrived. “2022 will be remembered as the year of tourism recovery after the impact of the pandemic,” said the minister.
The best news for the sector comes from revenues, as despite receiving 12 million fewer tourists than in 2019, spending figures are very similar to those of the pre-pandemic year. Tourism calculations indicate that foreigners will spend 87.1 billion euros on their travels in 2022, which is only 5.2 billion less than in 2019, 6% less.
Maroto believes that the control of inflation in the last months of the year together with the anti-crisis measures taken “facilitate the arrival of tourists to our country, with an increase in expenses and an average stay, which makes us optimistic about the future .” 2023».
Source: La Verdad

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.