Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2025

Daily Sabah - Latest & Breaking News from Turkey | Istanbul

  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV
  • Business
  • Automotive
  • Economy
  • Energy
  • Finance
  • Tourism
  • Tech
  • Defense
  • Transportation
  • News Analysis

German, British tourists boost Spain's GDP while own economies lag

by Reuters

MADRID - BERLIN Sep 02, 2024 - 3:33 pm GMT+3
Tourists enjoy the weather at Malagueta Beach on a hot summer day in Malaga, Spain, Aug. 14, 2024. (Reuters Photo)
Tourists enjoy the weather at Malagueta Beach on a hot summer day in Malaga, Spain, Aug. 14, 2024. (Reuters Photo)
by Reuters Sep 02, 2024 3:33 pm

Spain hosted a record 10.9 million tourists in July, 7.3% more than a year ago, while their spending jumped 12%, prompting the Spanish economy's solid growth in contrast to some European peers responsible for much of the inflow of visitors.

Data released on Monday by the National Statistics Institute also showed that in the first seven months of 2024, spending by foreign visitors rose 18.6% to 71 billion euros ($79 billion), despite initial concerns over anti-tourism protests and extreme summer temperatures.

The boom, driven by British and German visitors, is expected to propel Spain's gross domestic product (GDP) growth to 2.4% this year, significantly above 0.7% expected for the eurozone or Germany's 0.3%, according to a Reuters poll.

Despite a 0.2% dip in Germany's second quarter domestic consumption, German tourists increased their spending in Spain by almost 10% to an average of 1,340 euros per visit.

Britons, who account for one in five visitors, spent 7.5% more, or 1,389 euros in July.

"Spain is more competitive than Germany in the services sector," said Raymond Torres, chief economist at the Funcas think tank. "There is also a shift in consumption patterns, which have globally shifted toward spending on travel. People prefer to spend more on a better hotel."

Hauke Prigge, a 34-year-old communication coach from Berlin, has visited Spain thrice so far this year, spending an average of 2,200 euros on each of his two-week visits – more than he would spend at home, he said.

After a 2017 peak for German tourism to Spain, a gradual decline followed as they explored other Mediterranean destinations, but since last year, data suggests a resurgence. Flight bookings for September – one of the German tourists' favorite months to travel – point to an 8.3% increase.

Prigge likes to travel in September, but also out of season – in March. "The weather there is much better when it is cold here," he said.

Germans are also changing their destinations within Spain.

Although they still mainly visit the Balearic Islands in the Mediterranean, many are now opting for the mainland regions of Catalonia and Valencia.

  • shortlink copied
  • Last Update: Sep 02, 2024 4:44 pm
    KEYWORDS
    tourism tourists spain gdp economic growth travel
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Curfews, demonstrations and the moon: Top pictures of the week
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • DS TV
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021