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International Tourists Spending up 6.2% Year-on-Year

Posted on by peteradmin247

International tourists spent 38,863 million euros between January and August 2012, representing an increase of 6.2% year-on-year.

Average spending figures also show increases in the period, of 2.5% in the average expenditure per tourist, and of 7% in average daily spending, according to the Tourism Expenditure Survey (EGATUR), compiled by the Ministry of Industry, Energy and Tourism’s Institute of Tourism Studies.

In August, the international tourists who visited Spain spent a total of 7,704 million euros, 5.7% more than in August 2011. This increase was due to both an increase in the number of tourists, 5%, and the average spend per visitor, which rose 0.6%, and marked eleven consecutive months of increases. Meanwhile, the average length of stay decreased.

The United Kingdom, France, the Nordic countries and Russia were the markets that contributed most to the increases recorded in August, and the Balearic Islands, Catalonia, the Canary Islands, Andalusia and Valencia were the regions which received most of these visitors.

The United Kingdom, the first source market for spending in August, was also one of the markets which contributed most to the overall growth of the month, with total spending of 1,766 million euros. The increase was a result of the average expenditure per person registered, which increased by 9.2%, as the number of tourists showed more moderate growth (5%). The Balearic Islands cornered one out of every three euros spent and was the destination which experienced most growth.

As in the past two years, the French market exceeded the German market in August, increasing by 2.9% to 1,062 million euros, and accounted for 13.8% of the revenue for this month.

The German market fell by 1.5%, breaking three consecutive months of increases, due to the decrease in tourists (-4.3%), mostly in the Balearic Islands.

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