Spain Tourism Report - Business Monitor International - Industry Reports

Spain Tourism Report

Spain Tourism Report - Business Monitor International - Industry Reports
Spain Tourism Report
Published Aug 06, 2016
32 pages — Published Aug 06, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Spain continues to be one of the most popular holiday destinations in Europe, with a thriving tourism market that will see, in ----, total tourism arrival of --.-mn people, marking a -.- increase from ----. Although the y-o-y rate may not show as fast a growth as it did in some previous years, such as ----, the Spanish tourism market is strongly benefitting from the economic recovery of most of its main European source markets. ...Further efforts made at regional and city level to attract tourists - especially through meetings, incentives, conferences and exhibitions (MICE) - will also significantly contribute to the sustained increase in tourist arrivals. Over the longer term, we expect that infrastructure development will also play a key role in increasing Spain s appeal to a wider variety of tourists, especially as the government is increasing financial incentives to attract both national and international investment in the hotel sector. As such, by the end of the forecast period in ---- we are forecasting a total inbound tourism market of just under --mn. ...Over the longer term, we expect that infrastructure development will also play a key role in increasing Spain s appeal to a wider variety of tourists, especially as the government is increasing financial incentives to attract both national and international investment in the hotel sector. As such, by the end of the forecast period in ---- we are forecasting a total inbound tourism market of just under --mn.

...Total Arrivals (---------) Total arrivals, --- Total arrivals, ---, y-o-y ---- ---- ----e ----f ----f ----f ----f ----f - --,--- --,--- --,--- ---,--- - - - - e/f = BMI estimate/forecast. Source: National sources, BMI Spain s main regional source market remains Europe by far, which accounts for --.- of the total tourist arrivals in ---- (numbering some --.-mn). ...Source: National sources, BMI Spain s main regional source market remains Europe by far, which accounts for --.- of the total tourist arrivals in ---- (numbering some --.-mn). Given the large number of low-cost airlines linking Spain with the majority of its European neighbours (such as Easyjet, Ryanair, Vueling and Iberia), Spain remains one of the easiest and warmest destinations for most European tourists in search of sun, beaches and culture. The second largest source markets are North America (-.- ) and Latin America (-.- ), which in ---- will each bring around -.-mn tourists to Spain. ...Similarly, a share of the tourist arrivals from North America are the likely the result of migration between Latin and North America, with people also coming to visit family and friends in Spain. These trends will remain unchanged for the remainder of the forecast period, with European source markets bringing --.-mn people by ----, while North and South America will respectively contribute -.-mn and -.-mn.

...From - July ---- the Balearic Islands (including popular islands Ibiza, Menorca and Majorca) are instituting a tourism tax, payable per person and ranging from EUR-.- to EUR- dependent upon the hotel, season and length of stay. The tax will be funnelled towards protecting natural resources and promoting sustainable tourism. ...

  
Source:
Document ID
2055-4567
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Spain Tourism Report" Aug 06, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Spain-Tourism-Report-2026-1552>
  
APA:
Business Monitor International - Industry Reports. (2016). Spain Tourism Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Spain-Tourism-Report-2026-1552>
  
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