The recovery of international tourism in Spain after the pandemic

Coral García Esteban, Ana Gómez Loscos and Cesar Martin Machuca
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Coral García Esteban: Banco de España
Ana Gómez Loscos: Banco de España
Authors registered in the RePEc Author Service: Ana Gómez-Loscos

Economic Bulletin, 2023, issue 2023/Q1, No 08

Abstract: 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 promptedby the deteriorating economic outlook and the upsurge in inflation. In the long-term, internationaltourism flows will be shaped by the sector’s capacity to continue improving the quality of its tourismoffering.

Keywords: International tourism; overnight stays; tourism expenditure (search for similar items in EconPapers)
JEL-codes: E00 F19 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:bde:journl:y:2023:i:01:n:08

DOI: 10.53479/29461

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