Tourism in Spain estimated to see substantial growth of 25% by 2020 - Latest Study

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Travel and Tourism in Spain to 2020
Published on 30 April, 2016 Number of pages
113 Single User Price 1950
The report focuses on global major leading
industry players with information such as company
profiles, product picture and specifications,
sales, market share and contact information.
Whats more, the Travel and Tourism in Spain
development trends and marketing channels are
analyzed.
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Summary Spains inbound tourism recorded another
successful year with strong growth in arrivals.
The recently improved economic scenario means
Spaniards prefer outbound trips over domestic
tourism. Although, the unemployment rate is still
high, GDP at constant prices grew by 1 in 2014
and 3 in 2015. Domestic trips declined by -3.4
in 2014 and -1.1 in 2015, while outbound trips
increased by 4.8 and 2 respectively.
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Key Findings With a record number of
international arrivals, Spains tourism sector
continued to expand at a healthy pace in 2015.
Inbound trips increased by 4.8 in 2015, totaling
68.1 million, while expenditure expanded by 3.3
valuing EUR60.2 billion (US66.8 billion).
There has been strong growth in Chinese arrivals
to Spain in recent years, with trips growing at a
CAGR of 17.4 during 20092014. Unlike most
travelers who visit Spain for the sun and the
beaches, the Chinese prefer tourism related to
gastronomy, shopping (luxury items), and culture
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Synopsis Canadeans report Travel and Tourism
in Spain to 2020 provides detailed information
on the countrys tourism sector, analyzing market
data and providing insights. This report provides
a better understanding of tourism flows,
expenditure, and the airline, hotel, car rental,
and travel intermediaries industries.
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What else does this report offer? Historic and
forecast tourist volumes covering the entire
Spanish Travel Tourism sector Detailed
analysis of tourist spending patterns for various
categories, such as accommodation, sightseeing
entertainment, foodservice, transportation,
retail, travel intermediaries, and others
Analysis of trips by purpose and mode of
transport, and expenditure across various
categories including domestic, inbound, and
outbound tourism, with analysis using similar
metrics
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Reasons To Buy Make strategic business
decisions using historic and forecast market data
related to Spains Travel Tourism sector
Understand the demand-side dynamics within the
industry to identify key market trends and growth
opportunities Direct promotional efforts on
the most promising markets by identifying the key
source and destination countries
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Key questions answered in this report  What
will the market size be in 2020 and what will the
growth rate be? What are the key market
trends? What is driving this market? What are
the challenges to market growth? Who are the
key vendors in this market space? What are the
market opportunities and threats faced by the key
vendors? What are the strengths and weaknesses
of the key vendors? You can request one free
hour of our analysts time when you purchase this
market report. Details are provided within the
report.
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Travel and Tourism in Spain to 2020
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Travel and Tourism in Spain to 2020 and
future opportunities are provided in the report.
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in Spain to 2020