The surplus in the tourism sector fell 14 in january
The tourism and travel sector recorded a surplus of 2.123 million euros at the start of the year, which was 1.4% lower than January, 2014, according to the Balance of payments of the Bank of Spain data.
This result is the result of revenue that reached 3,060 million euros in January 2015, up 2.6%, and payments of EUR 937 million, one 13.2% increase.
According to the issuing bank in its Bulletin for the month of March, the behavior of tourism at the beginning of 2015 was favorable but there would have been “some loss of dynamism” with regard to the closure of the last financial year.
In 2014 the tourism sector closed the year with a surplus of 35,400 million euros, up 1.7%, thanks to 48.900 billion euros in revenue, lower than the one registered in 2013 growth ( 4.2%) despite a new record at entrances that grazed the 65 million visitors.
Spain recorded an annual average increase between January and February of 4.5%, compared to 5.9% for the fourth quarter of 2014. In addition, the rate of growth of overnight hotel stays in moderated to 1.9% in the same period by nearly two percentage points,.
Spanish hoteliers for Easter and spring 2015 expectations are positive, with an estimated increase of 20% of the reserves.
If they are maintained the growth registered in the first months of the year, situated in 4.5%, the Spanish Confederation of hotels and tourist establishments (CEHAT) expected that 28 million visitors last year, are exceeded in June reaching figures of 29.5 million international tourists.
On the other hand, the nominal expenditure of tourists showed “remarkable recovery” in January, thanks to the increase in the average expenditure per person per day, which seems to anticipate “a good behavior of revenues in the first quarter”, highlights the Bank of Spain.
Spain received 6.5 million foreign tourists until February, up 4.5%, with an increase of 8% of the total expenditure, to 6.567 billion euros.
The average daily expenditure increased 5.4%, to 113 euros, and the average expenditure per tourist increased 3.4%, to 1.018 euros.
During the first two months of the year, overnight stays in hotels increased by 4.2%, preferred tourist extrahotel (apartments, camping sites, accommodation of rural tourism and hostels) accumulated a rise of 0.9%.