Foreign tourism latest publications
Growth for 2019 and 2020 would stand at approximately 1.7%YoY, 2 pp above that previously estimated in both cases. In 2019, it is expected that the slowdown in consumption will be offset by the increase observed in investment, whilst next year, improved exports should continue against a backdrop of recovery of global demand
The economy of the Canary Islands would have grown by 2.5% in 2018. It is expected to advance by 2.4% in 2019 and moderate to 1.8% in 2020, linking seven consecutive years of economic recovery. This will add around 47,000 new jobs between the end of 2018 and 2020, but the unemployment rate shall be 18.6% in 2020.
February 27, 2019
Incoming tourism in Spain: loss of traction pending improvements in competitiveness
Foreign tourism has been one of the main factors in economic recovery. However, growth slowed in 2018 and this trend may continue, given the less favourable external situation, the improvement in competing markets and some supply restrictions. Thus, the current climate should be seen as an opportunity to recover competitive…
Este observatorio explora la contribución que pueda haber tenido la mayor incertidumbre política en algunos de los mercados competidores al crecimiento del turismo extranjero en España. Entre un 30 y un 36% del aumento en las pernoctaciones de no residentes desde 2010 habrían sido consecuencia de dichas tensiones, con Canar…