From time immemorial, Spanish beaches have been filled with British tourists in the summer. My countrymen United kingdom They packed their bags during the first months of summer and settled in our country until mid-October, when the pleasant temperatures began to disappear and the cold began to set in.
However, the study conducted by CaixaBank Research An analysis of tourism in Spain during the first half of 2023 concluded that British tourism fell by 12.5% due to the country’s “poor macroeconomic performance, sharply rising rates and a weaker pound sterling”.
Additionally, from the same study they’ve now detailed, Britons choose Other destinations such as Türkiye, Greece and Portugal. These countries “are becoming more competitive when it comes to capturing British demand, which puts an additional brake” on Spain.
Faro Beach, Portugal
On the other hand, these data contrast with the rest of EU tourism: “Remarkable resistance. In the first five months of 2023, it rose by 4.6% from its reference level. When classifying EU figures by country, they stand above all Strong interest in traveling to Spain from Italians and Dutch“.
Finally, from CaixaBank Research, they highlight that “Indicators France and Germany show more weakness And showing a relatively more fragile macroeconomic situation.”
Side of Salobreña Beach, Granada
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