International Tourists Spent 8.26 Billion Euros in Spain in August
October 1st, 2013
According to the latest Egatur Tourist Expenditure Survey, published by the Ministry of Industry, Energy and Tourism’s Department of Tourism Information Studies, inbound tourists to Spain spent a total of 8.26 billion euros in August, which is an increase of 12.2% over the same month in 2012.
This figure, which represents a new record for Egatur, is the result of both an increased number of tourists and higher average spending. In fact, year-on-year the variations in the average spending figures rose significantly: by 4.7% for the average spend per tourist (to 997 euros); and by 2.8% for the average spend per day (to 101 euros).
The French, German and United Kingdom markets had the greatest influence on the overall growth in spending, and the main regions to benefit from this growth were Catalonia, the Balearic Islands and Andalusia.
Between January and August this year, tourist spending amounted to 40.47 billion euros, with year-on-year growth of 7.2%. This figure, for the first eight months of the year, also represents a new record. The figures for average spending in this period also reflect growth over those recorded in the previous year, with the average spend per person rising by 2.5%, while the average spend per day rose by 2.2%.
Once again, the United Kingdom maintained its position as the top source market for tourist spending in Spain; both for August, with 23% of the total tourist expenditure, and for the first eight months of the year, with 20.4% of the total. In August, spending by British tourists amounted to 1.9 billion euros, with year-on-year growth of 7.5%, while between January and August British tourists’ spending amounted to 8.26 billion euros, an increase of 6.1%. The Balearic Islands were the main beneficiary of this spending.
France was the second emitting market, posting strong year-on-year growth in August (27.4%) to 1.22 billion euros, and accounted for 14.8% of total tourist spending due to an increase in their average spend. For the period January to August, France held third place (behind Germany) with 10.6% of the total. Spending by French tourists in the first eight months of the year amounted to 4.28 billion euros, an increase of 19.3% over the same period last year.
The German market dropped from second to third place, spending a total of 1.14 billion euros (up 15.9%), and accounting for 13.8% of total spending by inbound tourists in August. The strong growth in spending was due more to the increased average spend than to the number of tourists. The Balearic Islands were the beneficiary of almost the entire total of this growth. Since January, German tourists have spent 6.29 billion euros in Spain, with an increase of 4.4% and accounting for 15.6% of the total.
The largest increase in the month (36.6% year-on-year) was posted by the Scandinavian countries, which spent 464 million euros; i.e. 5.6% of the total amount spent by inbound tourists. This market posted increases of 14.7% in the average spend per tourist and 14.2% in the average spend per day.
Between January and August, the Scandinavian countries posted an increase of 20.4% – the highest year-on-year increase among the top emitting markets. Spending by this market in this period amounted to 3.88 billion euros, accounting for 9.6% of the total.
The region to benefit most from spending by inbound tourists in August was the Balearic Islands: which received 2.27 billion euros (up 14.8%), putting this region at the top of the list with 27.5% of the total. The average daily spend rose by 8.6% and the average spend per tourist rose by 3.8%. The top emitting markets were the United Kingdom and Germany. In the first eight months of the year, the Balearic Islands received 7.94 billion euros in spending by inbound tourists, 9% more than in the same period last year and accounting for 19.6% of the total.
Catalonia received 2.07 billion euros in August, an increase of 17.4% and accounting for 25% of the total. France was the top market for this region, followed by Russia. The average spend per tourist rose by 4.3%. Between January and August, Catalonia held the top spot in terms of inbound tourist spending with 9.75 billion euros, an increase of 11.4% and the highest percentage of the total in the period: 24.1%.
Andalusia, with significant year-on-year growth of 15.3%, posted a figure of 1.15 billion euros in August (accounting for 13.9% of the total). Tourists visiting from the Scandinavian countries, Belgium and the United States made the largest contributions to this increase, and the average spend per tourist increased by 8.7%. The results from the period in question were: 5.82 billion euros total spending by inbound tourists, an increase of 6.5%, accounting for 14.4% of the total, thus putting Andalusia in fourth place.
The Canary Islands received 1 billion euros in August – 12.1% of the total and an increase of 6.8% – and the top emitting markets were the United Kingdom and Germany. Also worth noting is the significant increase of 5.6% in the average spend per day in this region (to 117 euros). In the first eight months of the year, the Canary Islands received 7.24 billion euros – an increase of 7.6%, accounting for 17.9% of the total.
Valencia posted an increase in inbound tourist spending of 18% in August and received 770 million euros, 9.3% of the total. The United Kingdom was the main emitting market for this region, but the French market made the largest contribution to total growth.
- International Tourists Spent 6.5% More in January
- Tourists Spend Over 13 Billion Euros Between January and April 2012
- International Tourists’ Spending up 13.7% in March