PROFITABILITY IN THE SPANISH HOSPITALITY SECTOR IS 6% BELOW THE 2019 LEVEL

Laura Loss -
According to the Spanish Hospitality sector Employers' Association, hospitality companies' profitability is still 5.9% lower than in 2019. They predict a successful summer in terms of turnover and emp ...

TOURISM CONTINUES TO BE THE ENGINE OF THE SPANISH ECONOMY IN 2023

Andrew J. Wein -
According to a report by Exceltur, tourism's weight in Spain's Gross Domestic Product (GDP) will reach 12.6% of the total, the same as the 2019 figure. The report also notes that the tourism sector wi ...

IN JULY, ITALY'S INBOUND TOURISM IS WORTH 10 BILLION

Theodore Slate -
In July 2023, Italian inbound tourism saw over 19 million arrivals and 81 million overnight stays, resulting in a turnover of 10 billion euros. CNA's Tourism and Commerce data have reported these figu ...

FOREIGN TOURISTS IN SPAIN DROPPED BY 88.5% IN THE FIRST QUARTER

Anna Luebke -
The Spanish tourism industry remains at a standstill, and will continue to do so until the end of the first semester amid the travel restrictions in the country and the rest of Europe. ...

MEDITERRANEAN TOURISM FACING HEAT WAVES AND FIRES

The Copernicus Climate Change Service reported that July 2023 was the hottest month recorded on Earth. Therefore, many travel agencies suggest avoiding popular tourist destinations in July where high ...