MOD006064 Tourism Management Essay Introduction
Spanish tourism reached a new record in 2018; The number of international visitors reached 82.6 million, with a total expenditure of 90,000 million euros. A figure that represents a 0.9% growth from 2017, as announced by the Minister of Industry, Trade and Tourism, Reyes Maroto.
The increase in visitors has also meant an increase in passenger spending by 3.1% from the previous year, reaching 89,678 million euros. A significant growth in tourism spending confirms just how robust and profitable the sector is, as it continues to create employment and strengthen the Spanish economy.
Statistics show that the majority of visitors are coming from the United Kingdom, France and Germany followed by Italy, Holland and the USA. Between January and November 2018 – the complete official data will be announced by the INE on 1 February – each visitor spent an average of 147 euros a day, a total of 1,082 euros on average per person.
These figures consolidate Spain’s position as one of the three largest tourist industries in the world, along with the U.S. and France, and the second country in earnings in this sector”.
Analyse the evolution of the tourism industry and it stakeholders in Spain throughout the last 5 years with a focus on future challenges.