The Recovery of International Tourism in Spain after the Pandemic

11 Pages Posted: 24 Jan 2023

Date Written: January 12, 2023

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 attractingmore visitors with greater spending power, as borne out by the rising proportion of higher quality hotelaccommodation. •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

JEL Classification: E00, F19

Suggested Citation

Research Paper Submitter, Banco de España and García, Coral and Gómez-Loscos, Ana and Machuca, César Martín, The Recovery of International Tourism in Spain after the Pandemic (January 12, 2023). Banco de Espana Working Paper, Forthcoming, Banco de Espana Article 2023/Q1 Article 08, 2023, Available at SSRN: https://ssrn.com/abstract=4331622

Banco de España Research Paper Submitter (Contact Author)

Banco de España

Alcala 50
Madrid 28014
Spain

Coral García

Banco de España ( email )

Alcala, 48
Madrid, Madrid 28014
Spain
+34 91 338 50 00 (Phone)

HOME PAGE: http://www.bde.es/

Ana Gómez-Loscos

Banco de España ( email )

Alcala 50
Madrid 28014
Spain

César Martín Machuca

Banco de España ( email )

Alcala 50
Madrid 28014
Spain

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
48
Abstract Views
212
PlumX Metrics