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Tourists Go Home?

Recently, in Barcelona, there has been some protesting against tourists visiting Spain's second largest city. Locals are blaming tourists for the higher cost of renting due to the AirBnB/investment sector buying up properties and raising rental prices.

Tourism in Spain

Here are some tourism statistics for Spain as of July 2024:

International tourist arrivals:

In the first five months of 2024, Spain received 33 million international tourists, which is 13.6% more than the same period in 2023.

International tourist spending:

In the first five months of 2024, international tourists spent over 43.2 billion euros, which is a 21.8% increase from the same period in 2023.

Average spending per visitor:

In May 2024, each visitor spent an average of 1,263 euros, which is 7.3% more than the same period in 2023.

Spending per day:

In May 2024, visitors spent an average of 204 euros per day, which is an 8.6% increase from the same period in 2023.

Tourism accounted for 71% of real growth in the Spanish economy last year, according to tourism lobby group Exceltur.

Tourism is a major contributor to Spain's economy, accounting for between 11.1% and 15% of the country's GDP:

2016: 11.1% of GDP

2017: 11.8% of GDP

2022: 11.6% of GDP

2023: 12.8% of GDP

Tourism also employs a significant portion of the Spanish workforce, contributing to 9.3% of employment in 2022. In addition to its economic impact, tourism is also a driver of social development in Spain.

Spain is the top European destination for international visitors and a preferred destination for tourists from many countries, including Germany, England, France, Italy, and the Netherlands. Five Spanish cities, including Barcelona, Tenerife, and Malaga, are among the most popular destinations in Europe. In 2023, Spain saw a record number of international tourists and more than €108 billion spent in the country, surpassing 2019, the previous best year for tourism, in both visitor numbers and revenue.

People in Spain better figure out their tourism anger as it's only going to increase.

Source: Google AI

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