TOURISM is one of the mainstays of the Spanish economy and industry association Exceltur believes it will rebound over the next two years.
This non-profit association has 33 of the most important Spanish companies involved in all aspects of travel as well as accommodation, travel agencies and tour operators that operate between them in 40 countries and have a turnover of more than 30 billion euros.
In their year-end report which includes a review of the potential market for 2022, they are very optimistic about a recovery, subject of course to the recent spike in Covid infections as well as current travel restrictions.
Despite all this, they predict that from April this year there should be a boom in travel to coastal and rural areas, fueled in part by many Spaniards taking holidays in different parts of Spain rather than traveling abroad.
Major tourist cities such as Barcelona and Madrid are less likely to see hordes of foreign visitors this year, although with restrictions inevitably easing there should be an influx of tourists in 2023.
In terms of hard cash, the Excel report expects hospitality industry revenues in 2022 to reach around 88% of those achieved before the pandemic hit and by 2023 the figures are expected to exceed those of 2019.
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