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Monday, 29 September 2014

Travel and Tourism Market in Spain to 2018 - Market size, shares, trend, growth, research and statistics

The report provides detailed market analysis, information and insights, including:

    Historic and forecast tourist volumes covering the entire Spanish travel and tourism sector
    Detailed analysis of tourist spending patterns in Spain for various categories in the travel and tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others
    Detailed market classification across each category, with analysis using similar metrics
    Detailed analysis of the airline, hotel, car rental and travel intermediaries industries


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Executive summary

The Spanish travel and tourism sector suffered from the consequences of a prolonged phase of economic instability and low consumer confidence due to the eurozone debt crisis. The sector contracted during the review period (2009–2013) in terms of tourist flows, while tourism expenditure registered only a marginal growth. The decline was largely due to the economic crisis, as well as higher unemployment rates, and austerity measures such as increased taxes.

Scope

This report provides an extensive analysis related to the tourism demands and flows in Spain:

    It details historical values for the Spanish tourism sector for 2009–2013, along with forecast figures for 2014–2018
    It provides comprehensive analysis of travel and tourism demand factors, with values for both the 2009–2013 review period and the 2014–2018 forecast period
    The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in Spain.
    It provides comprehensive analysis of the trends in the airline, hotel, car rental and travel intermediaries industries, with values for both the 2009–2013 review period and the 2014–2018 forecast period.


Reasons to buy

    Take strategic business decisions using historic and forecast market data related to the Spanish travel and tourism sector.
    Understand the demand-side dynamics within the Spanish travel and tourism sector, along with key market trends and growth opportunities.


Key highlights

    Tourism plays an important role in the Spanish economy; its contribution grew steadily during the review period, contributing 11.7% to GDP in 2013. Total tourism output grew from EUR179.0 billion (US$248.7 billion) in 2009 to EUR191.5 billion (US$253.8 billion) in 2013, at a review-period CAGR of 1.69%. Inbound tourism was the leading contributor in terms of total expenditure (includes inbound and domestic only), representing 50.1% of the Spanish tourism market in 2013, and the rest was accounted by domestic tourism.

    In terms of volume, domestic tourism is the major contributor to the Spanish travel and tourism sector, despite the fall recorded during the review period. The total number of domestic trips fell from 155.0 million in 2009 to 144.5 million in 2013, at a review-period CAGR of -1.73%. This was largely due to the economic crisis, higher unemployment rates, and austerity measures taken by the government, such as an increase in taxes and a decrease in public sector salaries

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