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Is Spain’s Vital Tourism Sector Still Going Full Steam Ahead?

20 mins.
08 MAY, 2024
ANALYSTS:
Pedro Larrasquitu
Leopoldo Torralba
CATEGORIES:
Tourism sector Spain AER España AER Personal
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During the first quarter of 2024, the number of foreign tourists visiting Spain has increased by a striking 18%. It is important to dive into the key reasons for this positive trend, in order to forecast developments in the Spanish economy in general, for the year ahead. In this chartbook, we analyse some of the key issues affecting the sector.
What are the factors driving this growth?
Are they sustainable going forward?
How will the main costs for the sector progress over time?

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