Econostrum | Economic News in the Mediterranean



Spanish tourism: a catastrophic year in 2020 and a very bad year in 2021

The famous Spanish processions are no longer a reality. Photo GT.
The famous Spanish processions are no longer a reality. Photo GT.
SPAIN. In the first eleven months of the year 2020, the number of foreigners crossing the borders collapsed by 76.9% compared to 2019, according to the Spanish National Institute of Statistics. These figures can be considered as a balance of 2020 because December attracts an insignificant number of visitors to Spain. 18.3 million tourists visited the country in 2020, compared to 79.2 million in 2019. They are mainly French, British and Germans. They spent 19 billion euros in the first eleven months of the year, a decrease of 78% compared to the same period in 2019.

The year 2021 is currently looking like 2020. According to the Spanish Tourism Observatory (Observatur), "seven out of ten professionals in the sector believe that tourism will not return to normal until the majority of the population is vaccinated". However, the government predicts that the threshold of 70% of the vaccinated population will not be reached before the summer of 2021.
Tourism professionals have put a stop to the Easter vacations, with the already announced or very likely cancellation of almost all of the festivities that traditionally take place throughout Spain during "Holy Week". The months of July and August will see only a fraction of the millions of foreign tourists that invade the Spanish pages every summer.
In 2019, for the seventh consecutive year, the world's second largest tourist destination broke a record with 83.7 million visitors and a turnover of 92 billion euros. Tourism generates 12.3% of the Spanish GDP.

Gérard Tur

Thursday, January 7th 2021

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