News Karnataka
Monday, September 26 2022
Europe

Madrid: Spanish tourism up in first 7 months of 2022

first 7 months of 2022
Photo Credit : IANS

Madrid: Spain’s tourism sector continues to recover from the Covid-19 pandemic, with the Statistical Office (INE) confirming that the country welcomed 39.3 million foreign travellers in the first seven months of this year.

Although this is still below the 48 million visitors registered in the same period of 2019, it is three times more than the 9.8 million tourists who visited Spain in January-July 2021, reports Xinhua news agency citing the INE as saying.

This year so far, foreign visitors to the country spent 47.6 billion euros, over four times more than in 2021 but still less than in the same period of 2019 (52.2 billion euros).

Juan Carlos Higueras, professor at the EAE Business School, explained to Xinhua that the increase in tourist numbers is a direct response to the elimination of restrictions introduced during the pandemic and commented that “the comparison and growth should be looked at in relation to the years prior to Covid”.

The expert also highlighted that, although everything points to the tourist market remaining buoyant over the autumn, macroeconomic factors, such as rising inflation and fuel bills, could play a role.

“Everything will depend on how the market evolves and the inflation that is already causing problems for families.

“We have to take into account that rising costs have had an impact on the profit margin of the tourism sector, although it has tried to alleviate the situation by increasing prices,” he said.

The main source markets for Spain in the first seven months of 2022 were the UK (with about 8.4 million tourists and an annual increase of 908.5 per cent), followed by Germany (5.5 million arrivals) and France (5.3 million).

Share this:
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published.

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

To get the latest news on WhatsApp