Spain sets new record for tourist spending
In the first quarter of 2015, Spain set a new record in terms of spending by inbound tourists, posting the figure of 10.76 billion euros, up seven per cent on the same period in 2014.
The figures were released by the Tourist Expenditure Survey (EGATUR), drafted by the General Sub-directorate of Tourism Information and Studies of the Ministry of Industry, Energy and Tourism.
The United Kingdom, with spending of 1.88 billion euros, was among the top emitting markets and the one that registered the highest increase, at 14.8 per cent.The second highest emitting market March was Germany, whose tourists spent 1.69 billion euros while visiting Spain, and in third place were the Nordic countries, with spending of 1.34 billion euros.
The highest quarterly increase was recorded by Italian tourists who spent 503 million euros, an increase of 37.2 per cent.
The Canary Islands was the autonomous region recording the highest tourist expenditure in the first quarter of the year, with 3.56 billion euros, representing a slight fall of 1.5 per cent, Catalonia followed with 2.29 billion euros, up 12.6 per cent and then Andalusia, with 1.54 billion euros, an increase of 13.2 per cent. The highest year-on-year change, at 20.3 per cent, was recorded by the Balearic Islands, with spending of 483 million euros
Total spending in the month of March by inbound tourists amounted to 4.2 billion euros, representing an increase of 5.4 per cent. The all time record set in March last year was also beaten.