10 keys confirming the recovery of the spanish transmitter

Analysis / Spanish outbound tourism, whose recovery began in the second half of 2013 and is maintained throughout the past year, shows clear signs of consolidation and growth in early 2015. Then aim 10 keys that confirm this trend.

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1) payments of Spanish travellers abroad during January 2015 increased 13.2 percent annual rate, according to the balance of payments, to reach the figure of EUR 937 million.

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2) remember that the expenditure of the Spanish tourists abroad rose 9.8% last year, to reach 13.565 million euros. However, outbound tourism figures are still behind the record of the year 2007.

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3) reserves of aircraft for travel abroad during the first quarter of 2015 from Spain increased by 6.3%, according to data processed by the company Forward Keys. “We are seeing a very encouraging upward trend,” said Olivier Jager, CEO of this company that analyzes daily 70 million of reserves in the tourism industry.

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4) sales in the Spanish market for Easter grew 20%, according to data collected by the employer Hotel CEHAT. For its part, Hotelbeds recorded an increase of 10% reservations in the home for the same holiday period market. In addition, the corporate Association of travel (ACAV) specialized agencies reported that for Easter sales increased 5%.

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5) Spanish consumer confidence rebounded 1.4 points in March in relation to the previous month, to stand at 100.4 points, because the best estimation of the current situation and future expectations, consumers make as reported by the CIS. The result of this month is a new record in the series of the index that first manages to be above 100 points. In comparison with the data of the same month of last year, CIS appreciates “very significant” progress.

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6) unemployment fell in 60,000 people in March, the largest drop in 13 years. With the March cut, stop stringing two months of declines.

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7) face to the next six months, 41.1% of those interviewed by the CIS trust that the State of the economy will be better, compared to 25.5% who predict a worsening and 26.7% that does not expect changes. When asked by the evolution of employment in the face of the next six months, 25% of respondents think that the situation will worsen, against 42% who believe it will improve and the 24.4% believing that it will remain unchanged.

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8) the Bank of Spain has improved eight tenths its forecast of growth for the Spanish economy this year, to 2.8%. By 2016, the institution provides a continuation of the expansive phase, with a growth rate of 2.7%. The supervisor ensures that the progress in these two years will be characterized by force of demand internal private and strengthening exports.

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9) but according to points Trakvelling, “across socio-demographic data and socio-economic Spanish travelers, we see that the rebound in travel probably has more to do with greater confidence, that an increase of the purchasing power”, warns Queti Arteta, Director of the said report.

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10) facing this summer, Barceló, Globalia and Wamos will increase operations to the Caribbean, with the offer of between 25% and 40% growth. As pointed out José Manuel de la Rosa, this increase is one sign of the recovery of the national transmitter after the falls of recent years, although it could end up in oversupply if expectations are not met.

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Posted by on Apr 8 2015. Filed under General. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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